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Value of promotion applications surges
Bangkok Post
|May 01, 2025
The digital sector, and notably data centre development, continued to drive investment in Thailand, with applications for investment promotion skyrocketing 97% year-on-year to more than 431 billion baht in the first quarter of 2025, said the Board of Investment (BoI).
Domestic and foreign investors filed a total of 822 project applications during the January-March period, a 20% increase from the first quarter of 2024. As many as 618 of the applications involved foreign investors.
“Data for the first three months further confirms the trend seen last year when the data centres and digital services became for the first time the top ranked sector in terms of investment value,” said Narit Therdsteerasukdi, secretary-general of the BoI.
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