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Thailand Sees Surge in Foreign Investment: 9-Month Total Exceeds 130 Billion Japanese Baht, Boosting Economic Confidence

Thailand Sees Surge in Foreign Investment: 9-Month Total Exceeds 130 Billion Japanese Baht, Boosting Economic Confidence

November 3, 2024 Catherine Williams - Chief Editor Business

A government spokesman revealed that Thailand is in good shape…after foreign investors are confident in Thailand Opening sales for 9 months of this year exceeded 130 billion Japan is the biggest investment champion.
Today (3 November) Mr Jirayu Huangsap, Advisor to the Prime Minister revealed the number of foreign investors who are interested in investing in Thailand has increased. During this period, it shows the potential of Thailand which has gained the confidence of foreign-owned operating business investors, of which 143 are investing by applying for foreign business licenses and 493 are requesting business operating certificates for foreigners, for a total investment of 134,805 million baht, which this investment will create circulate in all businesses that are a production element A large number of jobs were created when comparing 9 months last year. This year’s increase was found to be 29 per cent.

Mr. added Jirayu that The top 5 investors were Japan, 157 investors (25%), investing 74,091 million baht (2), Singapore 96 investors (15%), investing 12,222 million baht (3), China 89 investors (14%) , invested 11,981 million baht (4). .

For investment in the EEC area by foreign investors in the nine months of 2024, there were 207 investors (33% of the number of foreign investors allowed this year), an increase of 108 from the same period last year (109%) Investment increased worth 39,830 million baht (30% of the total investment) from the same period last year 23,690 million baht (147%), including 67 investors from (1) Japan, investment amount 13,191 million baht (2) China 54 companies invested 7,227 million baht (3) Hong Kong 18 companies invested 5,219 million baht and other countries 68 companies invested 14,192 million baht.

“Important factors that promote investment within the country are “platform” and “software” businesses that help attract foreign investors. and support the country’s economy to grow strongly. Investment share was 28,397.26 million baht, accounting for 7.27% (platform group 11,721.44 million baht, software group 16,675.82 million baht). million baht.”

Mr Jirayu further said such investment figures It reflects that foreign investors believe that Thailand is a stable country. There is potential for investment in transport and support for investment in the country. This is the main goal of the government: to find new investment markets. Keep the old market Expand investment to be more concrete Because Thailand has benefits that encourage investment. good infrastructure Plenty of raw materials and there is an industry ready to support investment plans This makes investors confident in Thailand’s potential.

#Thai #government #proud #foreign #investors #confident #Thailand #months #year #billion #Japanese #baht

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