Investment in Thailand expected to increase by 12 percent in 2018

It looks like it could be time to invest in projects in Thailand as the kingdoms governing investment body announced that the country’s investment target for 2018 is set at 720 billion baht ($22.5 billion) thanks to an impressive 2017 which witnessed investment growth increase by 22 percent compared to the same period throughout 2016.

The secretary general of the Thailand Board of Investment (BOI) stated that during 2017 the total investment application value reached 641.978 billion baht ($20.061 billion) up 22 percent from 2017 and substantially higher than 600-billion-baht target which had been set for 2017.

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Investment in Thailand expected to increase by 12 percent in 2018

The secretary general noted that investment applications in Thailand have continued to increase at a rate of between 5-10 percent over the last few years and he is confident that 2018 will again reach the investment target which would require a 12 percent increase in investment compared to 2017.

Source : Thai Visa

Content : LovePattayaThailand

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