Thailand's investment pledges up 59% in 2021, more expected in 2022

BANGKOK, Feb 5 (Reuters): Thailand's overall investment applications in 2021 rose by 59% to 643 billion baht ($19.4 billion), boosted by foreign investment pledges in tech sectors, the country's investment agency has announced.

For 2022, the Board of Investment (BOI) expects total investment pledges to be close to last year or higher if the Covid-19 situation improves and the global economy continues to expand, BOI chief Duangjai Asawachintachit told a news conference.