BOI – “Growth in Investment Remains Good”

The Bangkok Post has reported that the Board of Investment (BOI) has already received nearly half of its goal of 600 billion Thai baht in applications for incentives as of the end of April.  

Dr. Atchaka Sibunruang, the BOI secretary-general, stated that "growth in investment remains good, as evidenced by the four-month figures.  We're almost halfway to our full-year target."  

A BOI subcommittee has also agreed to extent the period during which promoted industries may employ foreign workers to ease the labour shortage in some sectors.  The proposal will be submitted to the a BOI meeting later this month for further consideration. 

Information on the BOI and investment restrictions in general can be found here.