Investors cash in on the final year of an investmewnt privileges promotion policy in Thailand, with applications at record levels in 2012 | Bangkok Post: news

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BoI applications set record

Applications for Board of Investment (BoI) privileges in 2012 topped 1.46 trillion baht, the highest ever, Industry Minister Prasert Boonchaisuk said on Thursday.

The number of projects rose from 2011 by 29.7%, while investment value was up 131%. These investment projects would create an estimated 348,866 jobs, the minister said.

Mr Prasert said the investment applications target for 2013 was set at between 600 billion and 700 billion baht, a normal level, similar to those of the past several years.

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