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Bangkok Post

Business

Korean firms set to invest B7bn locally

IEAT Veeris Ammarapala Thailand electric vehicle South Korea

An electric vehicle is showcased at a recent Bangkok Motor Show. Mr Veeris says Korean executives are keen to invest in the EV business. (Photo: Patipat Janthong)

Five South Korean companies are keen to embark on new investment projects in Thailand, ranging from an electric vehicle (EV) business to the construction of a new industrial estate, says the Industrial Estate Authority of Thailand (IEAT).

The prospective investors are expected to allocate around 7 billion baht for the projects, said Veeris Ammarapala, governor of the IEAT, after talks with executives during a recent roadshow in South Korea.

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