Investment applications could reach Bt1 tn this year

FRIDAY, JUNE 07, 2013
Investment applications could reach Bt1 tn this year

The Industry Ministry expects the value of applications for investment privileges and support this year to reach Bt1 trillion, higher than the original target of Bt700 billion.

Industry Minister Prasert Boonchaisuk said applications by Japanese companies would continue to increase, suggested by the fact that Japanese investors applied for support of 216 projects worth Bt149 billion in the first four months, making them the dominant players among a total of 747 applications worth Bt509 billion in the period.
“The value of the applicant projects in the first four months is very high, suggesting that the total value this year could reach Bt1 trillion,” he said. Japanese businesses are keen to invest in the environment-management system in Thailand, he added.
The Nation