Deputy Prime Minister Supattanapong PunmeechaowThe government is feeling upbeat about this year's investment prospects, projecting applications filed through the Board of Investment (BoI) reaching 600 billion baht by the year-end, which is close to the value achieved in 2019. Speaking at a seminar entitled "Boost Up Thailand 2022", Deputy Prime Minister Supattanapong Punmeechaow said despite persistent Covid-19 infections in the country, the value of Thailand's investment applications remains intact. The applications stood at 756 billion baht in 2019 and 481 billion baht in 2020. Mr Supattanapong said many investment projects in clean energy including renewable energy such as solar power are scheduled to be implemented next year. "Clean energy will play a key role in luring foreign investment to Thailand on electrical vehicles [EVs] next year," he said.

Source: Bangkok Post November 04, 2021 11:33 UTC