Foreign Investment in Thailand Surges by 58% in First Five Months

Thailand has witnessed a remarkable surge in foreign investment, reaching over 71 billion baht in the first five months of 2024, marking a 58% increase. According to Deputy Government Spokesperson Karom Polpornklang, 317 foreign firms were granted business investment under the Foreign Business Act. Japan led with the highest investment, followed by significant contributions from Singapore, the United States, China, and Hong Kong. Notably, the Eastern Economic Corridor attracted substantial interest, reflecting Thailand’s strategic economic positioning and attractive investment climate.

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