Investment projects seeking promotional privileges from the Board of Investment of Thailand (BOI) during the first six months of this year decrease by 22% from the same period of last year, according to the source from BOI.
Statistics showed 465 projects asking for investment promotion in the first six months of the year, against 596 projects last year. The total projects were worth 183 billion baht, a decrease by 7% from 197 billion baht last year.
Most of the projects are in service business and the public utility industry
Coming second was agriculture and agricultural products at 14.8 billion baht, an increase by 11% from 13.3 billion baht last year. (PRD)
It’s important to remember that we are talking about “applications”… The final figures (AKA the real investments) are likely to evolve.
I think the number of applications is much more meaningful than the total amount.
Anyway. It’s just another Green Shoots. 😉