Value of BOI-approved projects jumps 94%
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Applications for Board of Investment (BoI) tax privileges during the past 10 months stood at 1,757 projects, up 25 per cent year-on-year, while the total value of the projects for the period skyrocketed 94 per cent to Bt862 billion.
Of the total, 478 were service and utilities projects worth Bt253.5 billion, followed by metal products and machinery at 438 projects worth Bt202.8 billion, and chemical products and pulp and plastics at 229 projects worth Bt182.1 billion. The number for tax support in electronics and electrical product projects was 266 worth Bt107.2 billion, followed by agricultural business at 235 projects worth Bt65 billion.
BOI secretary-general Udom Wongwiwatchai said |applica-tions over the past 10 months were expected to create |230,414 jobs, up 56 per cent from 147,701 over the same period last year.
He was confident that the total value of the projects this year would reach at least Bt900 billion.
