BOI to support 8 projects

BANGKOK, 26 January 2010 (NNT) – The Board of Investment (BOI) has given a green light to promote the investment of eight projects with the total value of more than 18 billion THB, according to BOI Secretary-General, Dr Atchaka Sribunruang Brimble.

Speaking after the meeting of the BOI board, Dr Atchaka elaborated that the meeting approved the promotion of eight investment projects worth 18.834 billion THB. The projects support auto parts and eco-car production, electricity generation, as well as exploration, production, and environmental assessment of petroleum industry.

The BOI secretary-general added that the BOI also agreed with the sustainable investment policy and it would discuss with related units to study for further measures to do so. She said this investment promotion would aim to enhance all dimensions of growth from the economy, the society, the environment, and technology in Thai industries.

Dr Atchaka however voiced concerns over the global economic stagnation, the frozen projects in Map Ta Phut industrial estate, and tax problems as factors that may affect the investment of entrepreneurs.