Investors seeking promotional privileges from the Board of Investment (BoI) in September stood at 158 projects with combined value Bt176.3 billion, highest in terms of number of projects and value since the beginning of 2014, according to BoI Secretary-General Udom Wongviwatchai.
Total investment in projects receiving BoI privileges during the first nine months this year reached Bt592 billion baht.
Mr Udom said signs of investment in Thailand have been positive, which could be seen from the sharp increase in the number of projects and value seeking promotional privileges in September.
September’s sharp increase was attributed to investors applying for five electricity generation projects using natural gas with combined value of Bt135 billion, he said.
It shows that investors are keen to invest in energy, a BoI industry target and it also shows that investors have regained confidence in the country, said Mr Udom.
If positive investment directions continue, it is projected that value of investment seeking privileges in Thailand this year may exceed the target at Bt700 billion, he added.
