BoI targets relocations from China, Japan | Bangkok Post: business - News Summed Up

BoI targets relocations from China, Japan | Bangkok Post: business


Amid the US-China trade row, Japan still ranks first in terms of foreign direct investment in Thailand. (Photo by Thiti Wannamontha)The Board of Investment (BoI) has been ordered to establish special task forces to rev up investment from Japan and China, which are expected to relocate their production bases to other countries like Thailand. According to Mr Somkid, the BoI has also been instructed to improve investment policies to promote investment in community businesses. More than 40% were considering moving their manufacturing facilities out of China or had already done so, AmCham China said. Japan still ranked first in terms of FDI, with 30.7 billion baht for the period, up from 14.6 billion baht in the same period last year.


Source: Bangkok Post June 02, 2019 23:48 UTC



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