Thailand approved new Investments worth $2 billion into their Country from Swiss, Japanese, South Korean, Taiwanese Companies
The Board of Investment of Thailand recently approved a total of $2 billion worth of Investments into their Country in various Business Fields like Artificial Intelligence (AI), Electronics, Aviation, Clean Energy and Food.
The largest of these Investments was by the Thailand Subsidiary of the Swiss Company “Nestle” which will build a Smart Factory and Distribution Center in the Samut Prakan Province worth $688 million. The Factory will use AI and advanced Automation which will position it as the main Production and Logistics Hub for the entire South East Asian (SEA) Region.
The Factory is set to start operations in 2028 and create more than 520 jobs. The Japanese Company "Datasection" will also invest $235 million in Computer Server Infrastructure in Thai Cities of Bangkok and Pathum Thani.
The South Korean Company "Doosan" and the Taiwanese Companies "Taiwan Union Technology" and "Fulltech Fiber Glass" will be investing $180 million, $189 million and $99 million respectively to manufacture Materials for Printed Circuit Boards (PCB) that are used in Computers.
SOURCE: Thailand approves $2bn in Ivestment across nine Projects {Archived Link}
















