Deputy Minister of Commerce Napintorn Srisangpang (Photo: bangkokpost.com)
Bangkok (VNA) – Foreign investment in Thailand reached 84 billionTHB (2.3 billion USD) during January – September, down 15% as compared to thesame time last year.
The country's Deputy Minister of Commerce Napintorn Srisangpang said the Foreign BusinessCommittee granted license for 493 investment applications during the period, up13% year-on-year.
The investments led to the employment of 5,703 Thai workers, a year-on-yearincrease of 41%.
Top five foreign investors in terms of investment applications were Japan(111), the US (80), Singapore (77), China (38), and China’s Hong Kong (20).
Regarding investment value, Japan led the pack with 22.9 billion THB, followedby Singapore (20.5 billion THB), China (13.3 billion THB), China’s Hong Kong(5.36 billion THB), and the US (3.98 billion THB).
Mostof the projects were in petroleum drilling services within surveyed areas inthe Gulf of Thailand; maintenance and repair services for offshore petroleumwells; design, procurement, installation, improvement, development, testing,integration and operation services for electric railway projects; among others.
Napintornsaid during the p💦eriod, 99 foreign investors expressed interest in investing inthe Easter Economic Corridor (EEC), representing 🦹20% of the total number ofinvestors. The value of investment in the EEC tallied 16.1 billion THB./.
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PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Deputy Minister of Commerce Napintorn Srisangpang (Photo: bangkokpost.com) 
