Thailand aims to secure at least 800 billion baht ($21.78 billion) in investment applications this year, as the government seeks to stimulate Southeast Asia’s second-largest economy. In the first quarter of 2024, the total value of investment applications surged 31% year-on-year to 228 billion baht, the government reported.
In 2023, investment pledges reached a five-year high of 848 billion baht, marking a 43% increase from the previous year, with China being the largest foreign investor. The government emphasised its commitment to facilitating investors.
“One of my government’s agendas is to boost FDI (foreign direct investment), especially through improving the ease of doing business in the country,” Prime Minister Srettha Thavisin stated on social media platform X on Friday.
In a separate announcement, the government revealed that AstraZeneca (Thailand) plans to invest 6.2 billion baht over three years starting in 2024, and discussions are underway for further collaboration in science and innovation.
Additionally, the Thailand Board of Investment (BOI) said it approved eight projects worth a combined 57 billion baht, including a bio-ethylene plant by a local joint venture with Brazil’s Braskem. New incentives were also introduced for automotive parts manufacturers investing in technology upgrades, productivity improvements, or transitioning to new industries such as medical equipment or aviation sectors.
Melissa Enoch
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NIGERIA CUSTOM
REPLACEMENT//RECRUI
TMENT FORM IS OUT
BAGS OF RICE 18,500
VEGETABLE OIL 25.
LITTER 10,000GOLF 2,3,4,5 #250,000
TOYOTA CAMRY BIG
DADDY #550,000
Ford Edge=700,000
BMW 3-series=1.640,000
BMW 5-series=1.960,000
TOYOTA CAMRY
TINYLIGH= #350,000
Mercedes-Benz C-Class ₦1.3Million
Mercedes-Benz E-Class ₦1.8Million
TOYOTA CAMRY
MUSCLE= #1m450,000
TOYOTA CAMRY
PENCILLIGHT=#400,000
TOYOTA COROLLA
le=#550,000
TOYOTA COROLLA
S=#850,000
Mercedes-Benz GLK ₦3.Million
Benz ML350=2 million
Benz ML550=2.6million
TOYOTA
VENZA=#1.8m
TOYOTA Hilux 1.5 million
TOYOTA AVALON
#800,000
TOYOTA AVENSIS
#700,000
TOYOTA RAV4 1.2m
TOYOTA SIENNA
#750,000
TOYOTA
4runner#850,000
TOYOTA TUNDRA 1.9m
TOYOTA PICNIC
#850,000
TOYOTA Highlander
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TOYOTA PADRO JEEP
1.6m
TOYOTA LAND
CRUISER=1.5m
TOYOTA YARIS #859,000
TOYOTA MATRIX
#650,000
Benz C250=N1.300,000
TIPPER Head 6mill
Dyna Truck 900k
TOYOTA HAICE BUS
#1m750,000
ACCURA ZDX 1.6m
ACCURA MDX 1.9m
HONDA PILOT #950,00
HONDA BABY BOY
Land Rover Freelander ₦3.6Million
Land Rover Discovery ₦3.2Million
#550,000
HONDA END OF
DISCUSSION
HONDA ACCORD
#850,000
Benz ML300=1.5 million
Benz C300=1.6MILLION
Honda CR-V #950,000
INFINITY fx450 #750,000
to 1.4m
NISSAN MURANO
#650,00
IS250 1m
Es330 1.6
BMW X6=2.670,000
Tacoma 1.850,000
LEXUS RX 350 #1m950,000
LEXUS RS 330 #1m 850,000
LEXUS RS 300 # 950,000
LEXUS RX 470 2.5m
Pequot 406=470,000
ES350 2mill
Is350 2mill
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