BANGKOK (Reuters) – Thailand’s overall investment applications rose 35% in 2024 to a 1.14 trillion baht ($32.78 billion), a 10-year high, the government said on Monday.
Foreign investment pledges alone increased 25% year-on-year to 832 billion baht, the Thailand Board of Investment (BOI) said in a statement.
Singapore led the foreign direct investment source rankings with 305 projects, mostly in digital services and electronics manufacturing, representing a total investment value of 357.5 billion baht, or 43% of total FDI applications.
($1 = 34.78 baht)
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by John Mair)
