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The year 2007 was perceived by the public to suffer economically from the political situation that occurred by the military coup in September 2006. It was expected that foreign investors would be less interested to invest in Thailand. But, thanks to the advantageous investment environment i.e. strong fundamentals in infrastructure, supporting industries, liberal investment climate, transparent investment policy, long-term economic and political stability, human resource potential as well as strong marketing, many companies are still placing their investment in Thailand.
The Thailand Board of Investment (BOI) Frankfurt office, in his duty of encouraging foreign investors to invest in Thailand, has experienced in 2007 a fabulous increase in the number of application from the countries of responsibility, including Germany, Austria, Poland, Slovenia, Denmark, Sweden, Norway, Finland and Russia, seeking for the BOI approval. Comparing with the entire 2006 of 40 projects, total amount 70 million euro, the overall number of 2007 (January-December) has exceeded the year 2006 with 72 projects, total amount 1,202 million euro.
This strong impact of the confidence among foreign investors gives Thailand a positive outlook not only to keep its momentum on providing competitive and optimum investment conditions for foreign investors but also, to work hard further in enhancing all of this investment conditions in order to offer the perfect opportunity to foreign investors.
With the new favorable political situation since the democratic election in December 2007, Thailand is prospected to encourage further investment proactively from all over the world. In this connection, the Thailand Roadshow in Europe, one of the activities in encouraging foreign investment from all over the world, is planned to take place in the second quarter of this year. The new Industry Minister will lead a delegation to many cities in Germany, France and other countries in Europe.
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