BANGKOK (Reuters) – Thailand’s funding purposes rose 42% within the January-September interval from the identical interval a 12 months earlier, led by digital manufacturing and information centre tasks, the Board of Funding stated on Monday.
The worth of funding purposes rose to 723 billion baht ($21.8 billion) throughout the interval, the best in 10 years, it stated, with the bulk coming from overseas traders.
Overseas funding purposes elevated 38% from a 12 months earlier to 547 billion baht ($16.5 billion), with Singapore and China the highest two traders, the BOI stated in a press release.
“Thailand’s sturdy digital infrastructure, clear vitality assets, and robust authorities assist are offering the precise setting for information centre and superior know-how funding, together with wafer manufacturing,” it stated.
($1 = 33.15 baht)