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Investors still interested in Thailand: IEAT

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Breaking News. Image: GoodManPL (Pixabay).

BANGKOK, 25 July 2011 (NNT) – Foreign investors are still interested in making investment in Thailand as seen from an increase in land usage request at the Industrial Estate Authority of Thailand (I-EA-T) despite the incoming Government’s policy to increase daily minimum wage to 300 baht.

I-EA-T Governor Monta Pranootnorapal elaborated that foreign investors are interested in establishing their factories in I-EA-T industrial estates, especially those from Japan who are looking for new production bases after their businesses were devastated in the 11 March earthquake and tsunami.

The governor reported that the number of applications to use land in the I-EA-T now rose by 20% compared with the normal situation.

Read more: NNT

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