BOI privilege applications up 70% in first five months

The number of applications rose by 18 per cent to 919 over the same period last year, Udom Wongwiwatchai, secretary-general of the BOI, said Thursday.

Applications for service and public utilities soared 224 per cent to Bt260.10 billion. They comprised 15 air-transport projects worth Bt160 billion, two natural-gas-fired electricity-generating plants worth Bt34 billion, a liquefied-natural-gas receiving terminal worth Bt21 billion, five industrial estates costing Bt9.1 billion, six merchandise/goods-distribution centres worth Bt6.5 billion, and two hotels costing Bt2.8 billion.