Foreign Investment in Thailand Expands by 74% in First 11 Months

Foreign direct investment (FDI) in Thailand surged 74% in the first eleven months (Jan.-Nov.) to more than THB112,000 million, showing that overseas investors are still confident in the country’s economy and keen to extend their investments.

During that period the, the Board of Investment (BOI) has approved 530 new foreign investments, totaling THB112,466 million. In the first eleven months of 2022, Japan was the biggest foreign investor with an investment of THB39,000 million, followed by China (THB22,677 million) and Singapore (THB11,999 million).

This figure shows that the Thai economy is bouncing back from the pandemic thanks to government stimulus measures to draw in foreign investment.