BOI confident in four hundred billion baht investment goal

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BANGKOK, 7 August 2011  – The Board of Investment (BOI) is confident that it will achieve its four hundred billion THB investment goal thanks to investors’ continued interest in Thailand. 

According to Ms. Atchaka Sibunruang, Secretary General of BOI, the Board has provided service to more than 1,000 projects over the past seven months. These projects are expected to generate about three hundred billion baht in investment. In July alone, as many as 161 projects costing 53 billion baht in investment received privileges from BOI.

Most investments involve metal products, machines and transport. Public utility, chemical products, electronics and electrical appliances are also among investors’ interests.

With as much as three hundred thousand billion THB likely to be invested in the country, BOI believes it can reach its goal of four hundred billion THB investment this year. More than 600 Thai people are expected to get employments as a result.

BOI has planned to launch BOI Fair 2011 late this year to boost investors’ confidence.