Thailand: FDI applications rise 69% y/y

  • Amid rising US-Sino trade tensions, foreign direct investment (FDI) applications in Thailand rose 69% y/y in Jan-Sep 19 according to the Board of Investment.
  • In the first nine months of 2019, FDI pledges totalled THB203.4bn, with projects in the government’s target industries, led by electronics, digital, and automotive sectors, accounting for 65% of the total, the BoI said in a statement.
  • Japan ranked first with investment projects worth THB59.2bn, followed by China’s THB45.4bn and Switzerland’s THB11.7bn, the agency said.

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