BoI okays 20 projects by Taiwan electronics firmsThe Board of Investment (BoI) has approved 20 new investment projects worth 30 billion baht from Taiwan-based electronics companies that want to use Thailand as their new export base. The BoI granted investment incentives to the Taiwanese firms during January and August. Semiconductors from Taiwan command a 65% global market share, with Taiwan Semiconductor Manufacturing Co considered a market leader. The BoI plans to invite more electronics firms to invest in Thailand under its five-year investment promotion strategy. "We are in talks with more Taiwanese firms in order to encourage them to invest here," he said.

Source: Bangkok Post September 07, 2023 11:15 UTC