Thailand's investment applications between January and March increased 77% from a year earlier to 186 billion baht ($5.4 billion), led by projects in the electronics, food and automobile sectors, the country's investment agency said on Monday.
The higher investment was helped by the reopening of major investing countries and a trend of companies relocating production bases to the Southeast Asian country to reduce geopolitical risks, the Board of Investment (BOI) said in a statement.
