A total of 52 foreign firms with a combined investment of about Bt44 billion have been allowed to invest in Thailand in September, said Pongpun Gearaviriyapun, director general of the Business Development Department.
Miss Pongpun said the green light given to the 52 foreign firms to operate in Thailand and employ 20,820 Thais was made at a meeting Wednesday of the Foreign Business Committee.
The 52 firms include 35 enterprises with a combined investment of some Bt43.3 billion to operate in monetary and services sectors followed by six firms with a combined investment of Bt522 million in brokerage businesses.
Ms Pongpun said the number of foreign firms allowed to operate in Thailand in September increased 44 per cent while investment increased by Bt42.69 billion from August.
During the first nine months this year, a total of 313 foreign firms with combined investment of some Bt58 billion were allowed to set up businesses in the kingdom, up 11 per cent in terms of numbers and Bt44 billion in investment compared to the corresponding period of 2013.
