This could be Your Chance to 100% Business Ownership in Thailand
If you have been thinking of investing in Thailand lately, this could be the right time as the country is gaining momentum. To go by the stats, Thailand has witnessed a rising number of foreign direct investment(FDI) in the first 9 months of this year. Precisely, the total value has increased 69% from the previous period, which comes to 203.37 billion Baht.
Out of 689 projects, Japanese companies have made the maximum investment with 167 projects, which itself sums up to 59.19 billion Baht, further followed by Chinese companies with 139 projects, and Switzerland 15 projects.
Though the investments have been majorly in electronics and electrical sector, and digital and automotive sector, representing 65% of the total, investment in industries such as healthcare is further expected.
And with the recent investment promotion privileges offered under the Thailand Plus Package, investment acceleration is likely to happen. In the meantime, the overall investment applications amounted to 1,165 projects, which also include domestic investments. About half of the applications target digital sector, followed by food processing and agriculture, and electronics and electrical sector.
Business Categories for BOI Approval
Apart from the industries mentioned above, you can explore industries like
· Light industry
· Chemicals, paper and plastics
· Metal products
· Transport equipment and machinery
· Mining, ceramics and basic metals
· Service and public utilities
To know more about how to set up a BOI-approved business in Thailand, contact …
