Thailand Board of Investment

Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects

Retrieved on:

Wednesday, October 11, 2023

BANGKOK, Oct. 11, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.

Key Points:

BANGKOK, Oct. 11, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.
From January to August 2023, the BOI has received investment promotion applications worth a combined investment value of 465 billion baht, a 47% increase from the same period of last year.
- True Internet Data Center Co., Ltd. received approval for a 3.59 billion baht investment in a data center business to be located in Pak Kret District, Nonthaburi Province.
- Songcheng Holding (Thailand) Co., Ltd. received approval for a 9.54 billion baht investment in tourism infrastructure and attractions to be located in Chonburi Province.

Thailand BOI Approves Investment Applications Worth USD1.1 Billion in EV, Renewable Energy, Data Centers, Travel Infrastructure Projects

Retrieved on:

Wednesday, October 11, 2023

BANGKOK, Oct. 11, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.

Key Points:

BANGKOK, Oct. 11, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) yesterday approved investment promotion applications worth a combined 41 billion baht (USD1.1 billion) in projects including the manufacturing of electric vehicles (EV), the generation of renewable energy from waste, data centers, as well as travel and tourism infrastructure and equipment.
From January to August 2023, the BOI has received investment promotion applications worth a combined investment value of 465 billion baht, a 47% increase from the same period of last year.
- True Internet Data Center Co., Ltd. received approval for a 3.59 billion baht investment in a data center business to be located in Pak Kret District, Nonthaburi Province.
- Songcheng Holding (Thailand) Co., Ltd. received approval for a 9.54 billion baht investment in tourism infrastructure and attractions to be located in Chonburi Province.

With 8.2 CAGR, Power Bank Market Size to Reach USD 18.32 Bn by 2029 | Power Bank Industry: Global Trends, Growth, and Future Prospects

Retrieved on:

Monday, May 29, 2023

PUNE, India, May 29, 2023 /PRNewswire/ -- Exactitude Consultancy explores the current market and new opportunities in the growing Power Bank Market.

Key Points:

The emergence of fast charging technologies, such as Qualcomm Quick Charge and USB Power Delivery, has significantly impacted the power bank market.
The power bank market is highly competitive, with numerous manufacturers and brands vying for market share.
What is the current and forecasted size and growth rate of the global power bank market?
What are the challenges faced by players in the power bank market and how are they addressing these challenges?

With 8.2 CAGR, Power Bank Market Size to Reach USD 18.32 Bn by 2029 | Power Bank Industry: Global Trends, Growth, and Future Prospects

Retrieved on:

Monday, May 29, 2023

PUNE, India, May 29, 2023 /PRNewswire/ -- Exactitude Consultancy explores the current market and new opportunities in the growing Power Bank Market.

Key Points:

The emergence of fast charging technologies, such as Qualcomm Quick Charge and USB Power Delivery, has significantly impacted the power bank market.
The power bank market is highly competitive, with numerous manufacturers and brands vying for market share.
What is the current and forecasted size and growth rate of the global power bank market?
What are the challenges faced by players in the power bank market and how are they addressing these challenges?

Thailand 2022 Investment Pledges up 39% to USD20 Billion Helped by FDI flows in Electronics, EV, Data Centers

Retrieved on:

Friday, January 13, 2023

BANGKOK, Jan. 13, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) announced today that applications for investment promotion in 2022 reached 664.6 billion baht (ca.

Key Points:

BANGKOK, Jan. 13, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) announced today that applications for investment promotion in 2022 reached 664.6 billion baht (ca.
The second largest sector in terms of the combined value of applications was the automotive sector with 105.4 billion baht.
Meanwhile, FDI projects increased 36% from the previous year to 433.971 billion baht, representing 65% of total pledges.
TPI Polene Power PCL received approval to invest 2.40 billion baht in a project to produce fuel from waste.

Thailand 2022 Investment Pledges up 39% to USD20 Billion Helped by FDI flows in Electronics, EV, Data Centers

Retrieved on:

Friday, January 13, 2023

BANGKOK, Jan. 13, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) announced today that applications for investment promotion in 2022 reached 664.6 billion baht (ca.

Key Points:

BANGKOK, Jan. 13, 2023 /PRNewswire/ -- The Thailand Board of Investment (BOI) announced today that applications for investment promotion in 2022 reached 664.6 billion baht (ca.
The second largest sector in terms of the combined value of applications was the automotive sector with 105.4 billion baht.
Meanwhile, FDI projects increased 36% from the previous year to 433.971 billion baht, representing 65% of total pledges.
TPI Polene Power PCL received approval to invest 2.40 billion baht in a project to produce fuel from waste.

Thailand BOI Announces New Incentives for Investor Retention, Relocation, Hydrogen Vehicles

Retrieved on:

Friday, November 4, 2022

The 2023-2027 Investment Promotion Strategy announced in October aims to help restructure the country's economy and ensure Thailand is innovative, competitive, and inclusive as it competes in the post Covid-19 world.

Key Points:

The 2023-2027 Investment Promotion Strategy announced in October aims to help restructure the country's economy and ensure Thailand is innovative, competitive, and inclusive as it competes in the post Covid-19 world.
The new categories include the manufacturing of hydrogen vehicles, the setup of electric vehicle (EV) battery swapping stations, novel food, organic food, etc.
With regards to renewable energy, the new types of promoted businesses include hydrogen production and related activities, such as green ammonia, as well as power and steam generation from hydrogen.
The board also approved the designation of new economic corridors as special investment zones in four regions of Thailand, covering a total of 16 provinces.

Thailand BOI Announces New Incentives for Investor Retention, Relocation, Hydrogen Vehicles

Retrieved on:

Friday, November 4, 2022

The 2023-2027 Investment Promotion Strategy announced in October aims to help restructure the country's economy and ensure Thailand is innovative, competitive, and inclusive as it competes in the post Covid-19 world.

Key Points:

The 2023-2027 Investment Promotion Strategy announced in October aims to help restructure the country's economy and ensure Thailand is innovative, competitive, and inclusive as it competes in the post Covid-19 world.
The new categories include the manufacturing of hydrogen vehicles, the setup of electric vehicle (EV) battery swapping stations, novel food, organic food, etc.
With regards to renewable energy, the new types of promoted businesses include hydrogen production and related activities, such as green ammonia, as well as power and steam generation from hydrogen.
The board also approved the designation of new economic corridors as special investment zones in four regions of Thailand, covering a total of 16 provinces.

Thailand BOI Approves New 5-Year Investment Promotion Strategy Focused on Innovative, Competitive and Inclusive Approach to New Economy

Retrieved on:

Monday, October 17, 2022

Eastern Economic Corridor, BYD, Acceleration, Investment, Technology, Plant, Automation, Thailand Board of Investment, EV, US, Foxconn, EEC, BOI, FDI, Creativity, SME, Integrator, Renewable energy

From January to September 2022, foreign and local investors filed with the BOI a total of 1,247 applications for investment promotion, worth a combined 439.1 billion Baht (US$ 11.6 billion), Mr. Narit said.

Key Points:

From January to September 2022, foreign and local investors filed with the BOI a total of 1,247 applications for investment promotion, worth a combined 439.1 billion Baht (US$ 11.6 billion), Mr. Narit said.
Major EV investments announced in Thailand this year involve plants by BYD, whose investment is coming through its Hong Kong-based unit, and Foxconn.
Over the 9 months to September, the BOI has issued promotion certificates to 1,101 projects, an increase of 17% from the year earlier period.
The combined investment value of the certificates amounted to 357.6 billion baht, an increase of 57%, Mr. Narit said.

Thailand BOI Approves New 5-Year Investment Promotion Strategy Focused on Innovative, Competitive and Inclusive Approach to New Economy

Retrieved on:

Monday, October 17, 2022

Eastern Economic Corridor, BYD, Acceleration, Investment, Technology, Plant, Automation, Thailand Board of Investment, EV, US, Foxconn, EEC, BOI, FDI, Creativity, SME, Integrator, Renewable energy

From January to September 2022, foreign and local investors filed with the BOI a total of 1,247 applications for investment promotion, worth a combined 439.1 billion Baht (US$ 11.6 billion), Mr. Narit said.

Key Points:

From January to September 2022, foreign and local investors filed with the BOI a total of 1,247 applications for investment promotion, worth a combined 439.1 billion Baht (US$ 11.6 billion), Mr. Narit said.
Major EV investments announced in Thailand this year involve plants by BYD, whose investment is coming through its Hong Kong-based unit, and Foxconn.
Over the 9 months to September, the BOI has issued promotion certificates to 1,101 projects, an increase of 17% from the year earlier period.
The combined investment value of the certificates amounted to 357.6 billion baht, an increase of 57%, Mr. Narit said.