Saturday, September 18, 2021

business

13 foreign firms get green light to invest Bt5.21 bn in Thailand in August 


The Business Development Department of the Commerce Ministry approved 13 foreign firms to expand their investment in Thailand in August, with an investment value of Bt5.21 billion, the department’s Director-General Vuttikrai Leeweraphan said on Thursday.

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The investments will create 282 new jobs for Thai workers, he said.
The 13 firms are include five service firms from Japan, Singapore and Sweden with a Bt35 million investment value, such as a research and development firm for natural fibre, an accounting firm, a research service centre, and manufacturing for rent.
The next five firms were from the Netherland, South Korea, Hong Kong with a Bt4.76 billion investment value. They are made up of a hire purchase and leasing firm, auto service management and auto check up, online gaming and a mobile game unit, service for rental of intravenous administration devices and Haemodialysis Orthopaedic pilot machines.
On firm is a wholesale business from China with an investment value of Bt24 million.
The final two, from South Korea and China, are investing in engineering design and the design of a plastics plant, and are valued Bt390 million.
From January until August 2019, the department has approved 137 foreign firms in total, with an investment value of Bt21.17 billion. That represents a 23 per cent drop in the number of firms from the same period of last year, but a 148 per cent increase in investment value, said Vuttikrai.

Published : August 29, 2019

By : The Nation