Thailand should capitalise on the strong inflow of foreign direct investment (FDI) to accelerate technology transfers and support long-term economic growth, says Santitarn Sathirathai, the vice-finance minister.
Speaking at a seminar on Thursday organised by Prachachat Turakij, a Thai-language business newspaper, he said investment applications seeking promotional privileges last year reached roughly 2 trillion baht. In the first quarter this year, applications already tallied 1 trillion baht.
