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Bangkok Post

Business

Thailand approves $2 billion in new investments

Nestle Thai Airways Thai Airways International

The Board of Investment has had approved $1.99 billion worth of new investment projects, led by Nestle and Thai Airways International.

Among the projects announced on Wednesday:

The Thai unit ‌of Switzerland-based Nestle is investing $689 million (23 billion baht) in expanding its Samut ⁠Prakan production facilities for instant, mixed and ready-to-drink coffee, the BoI said.

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