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Thailand First Half Investment Applications Rise 35% to US$ 12.8 billion on a Surge in Projects in Key Sectors; E&E Again Tops Sectors List

Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment (BOI), announced that applications for investment promotion in the first half of 2024 increased 35% on year to a combined value of 458.4 billion baht (US$ 12.8 billion). Key sectors include electronics and electrical Appliances, automotive, chemicals, and data centers. FDI grew by 16%, with major contributions from Singapore, China, and Hong Kong. The BOI plans to attract more investments in semiconductors and EVs with upcoming roadshows in Asia.

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