BoI opens 13th Thai investment office abroad, in Stockholm

BANGKOK, Sept 20 (TNA) — In an bid to draw more investment to Thailand from Scandinavian countries, the government’s Board of Investment (BoI) will open its new overseas office in the Swedish capital of Stockholm this week.

Industry Minister Charnchai Chairungrueng said senior ministry and BoI officials would make a four-day visit, starting this Wednesday, to Stockholm and open BoI’s 13th overseas office there.

BoI secretary-general Atchaka Sibunruang Brimble said she expected that the new office would attract more investment from Scandinavian countries to Thailand, especially in high-technology industries such as steel, vehicles, information and communication technology, environment, and forestry which are needed by this country.

According to BoI statistics, Swedish investors had invested in 47 projects in Thailand valued at Bt14.62 billion from1970 to 2009. (TNA)