Date – September 3, 2010

Thailand’s Board of Investment (BoI) reported that the investment incentives for the first 7-monhts of this year saw a surge of more than 43% from the figures that was seen during the previous year.

The BoI said that there were 777 entrepreneurs and businessmen who had asked for investment supports during the first seven months of this year, January – July, which increased from the same time of last year by 43% or from the 545 entrepreneurs who had invested.

The investing budget was 214 billion Baht, declining by 2% from 217 billion Baht of last year, which caused 90,270 people to be laid off.

The top country which came to invest in Thailand was Japan, the number one as they invested in as many as 192 projects, followed by Singapore with 39 projects, the US with 25 projects, Taiwan with 23 projects, and Hong Kong by 14 projects.

The first three highest business investments were services and public utilities, followed by metal, machines and transport materials, the last one was agricultural and agricultural product businesses.