BANGKOK (Reuters) – Thailand’s funding functions rose 42% within the January-September interval from the identical interval a yr earlier, led by digital manufacturing and information centre initiatives, the Board of Funding mentioned on Monday.
The worth of funding functions rose to 723 billion baht ($21.8 billion) through the interval, the best in 10 years, it mentioned, with the bulk coming from international buyers.
Overseas funding functions elevated 38% from a yr earlier to 547 billion baht ($16.5 billion), with Singapore and China the highest two buyers, the BOI mentioned in an announcement.
“Thailand’s robust digital infrastructure, clean energy resources, and strong government support are providing the right environment for data centre and advanced technology investment, including wafer manufacturing,” it mentioned.
($1 = 33.15 baht)
