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Thailand's investment pledges jump 140% in January to September

Christian Fernsby |
Thailand's overall investment applications from January to September jumped 140% from a year earlier to 521 billion baht ($15.38 billion).

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The combined foreign direct investment (FDI) project pledges more than tripled to 372 billion baht in the first nine months of this year, from 116.4 billion baht a year earlier, the Board of Investment (BOI) said in a statement.

Japan, the United States and China remained the top three source countries of FDI applications, it said.

"Despite the impact of the COVID-19 pandemic and related travel restrictions, investors show sustained confidence in Thailand and in our key target sectors," said BOI head Duangjai Asawachintachit.

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