BOI to take proactive action in 2010

BANGKOK, 5 January 2010 (NNT) – The Board of Investment (BOI) will use more proactive strategies in its operation for this year to stimulate and attract foreign investment to Thailand.

According to BOI Secretary-General, Dr Atchaka Sibunruang Brimble, the BOI will convene its executives to decide if the organization will extend the board’s special investment stimulation measures which has expired since 31 December 2009. At the same time, she said the BOI would continue with its roadshows in more than 170 countries.

The BOI has also set plans to publicize its Small and Medium Enterprises (SMEs) assistance packages and encourage major Thai investors extend their investment abroad.

Dr Atchaka however cautioned that the global economic recovery must be monitored closely and voiced concern over the domestic political stalemate which is the main factor shaking confidence of investors.