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Thailand BOI Says 2023 Investment Applications up 43% to USD 24 Billion as Large FDI Projects Soar

Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI), announced after a Board meeting which was chaired by Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and Chairman of the BOI, that the applications for investment promotion in 2023 reached a five-year high of 848.3 billion baht in combined value (ca. USD 24 billion). The board today approved four investment promotion applications worth a combined 29.7 billion baht for projects comprising two data centers.

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