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

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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. The meeting, which was led by Mr. Parnpree Bahiddha-Nukara, Deputy Prime Minister and newly appointed Chairman of the BOI, also fine-tuned the 5-year investment promotion strategy that became effective in January this year. “The projects approved by the board in its first meeting since the new government was...