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BANGKOK, 15 July 2009 (NNT) – Investment projects seeking promotional privileges from the Board of Investment of Thailand (BOI) during the first six months of this year decrease by 22% from the same period of last year, according to the source from BOI.
Statistics showed 465 projects asking for investment promotion in the first six months of the year, against 596 projects last year. The total projects were worth 183 billion baht, a decrease by 7% from 197 billion baht last year.
Most of the projects are in service business and the public utility industry
Coming second was agriculture and agricultural products at 14.8 billion baht, an increase by 11% from 13.3 billion baht last year.
Today the BOI will consider approving four investment projects worth 7 billion baht. The Board will also consider maximum tax incentives for importing machines for the subway project in Bangkok.
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Reporter : Ekarin Bumroongpuk
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