Economy and Investment

Thailand lags in Asean investment

by Duangkamol Buranasomphop


Thailand lags in Asean i
          Thailand urgently needs to upgrade its investment attractiveness, as the decline in foreign direct investment here contrasts sharply with a rise in neighbouring countries.

According to a study by the Economist Intelligence Unit, Thailand's share of FDI in the region fell to 6% during the 2010-11 period, compared with 17% during 2004-09 (see chart).

Prasert Bunsumpun, a member of the Strategic Committee for Reconstruction and Future Development (SCRF), said the statistics underscore the problem for Thailand as FDI shifts to Indonesia, Malaysia and Vietnam.

Duangkamol Buranasomphop

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