The Department of Business Development reported that in the first seven months of this year (January-July 2024), a total of 460 businesses were granted permission under the Foreign Business Act of 1999, with a total investment value of 90,987 million baht (US$2.66 billion); there were 84 more firms than in the same period last year. The top five nations and territories investing in Thailand were Japan, Singapore, the U.S.A., China, and Hong Kong. These investors led to the creation of jobs for 2,149 Thais and specialized knowledge transfer, such as technology concerning wireless holter monitoring, cloud services, automation, and aircraft machinery.
As for the foreign investment in the Eastern Economic Corridor (EEC), a total of 137 enterprises invested in the EEC, representing 30% of all the investors, during the seven-month period, with an investment value over 27,677 million baht (US$809 million), and with 64 more businesses than in the same period last year. Prominent investors are from Japan, China, and Hong Kong, investing in areas such as engineering services, metal products and machinery, and storage services.
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