Thailand’s Board of Investment (BOI) approves 35.7 billion baht worth of investment projects

The Thailand’s Board of Investment (BOI) approved 35.7 billion baht (USD1.1 billion) worth of large investment projects in several sectors.

The details of the six large scale projects approved today by the BOI are as follows:

1. An agro-processing project received approval for an investment of 5.1 billion baht, located in Sa Kaew Province

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2. Auto Alliance (Thailand) Company Limited received approval for a plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV) production project to be located at the Eastern Seaboard Industrial Estate in Rayong Province. The project, with an investment value of 3.2 billion baht, will have an output of 5,000 PHEVs and 1,000 BEVs per year, for distribution in the domestic market.

3. Amata B.Grimm Power 1 Company Limited received approval for a power generation, steam and demineralized water production project, with an investment value of 6 billion baht. The project, located at Amata City Chonburi Industrial Estate in Chonburi Province, will have a capacity of 157.32 megawatts of electricity, 75 tons / hour of steam and 1,566 cubic meters / day of demineralized water.

4. Amata B.Grimm Power 2 Company Limited received approval for a power generation and steam production project, with an investment value of 5.4 billion baht. The project, located at Amata City Chonburi Industrial Estate in Chonburi Province, will have a capacity of 157.32 megawatts of electricity and 75 tons / hour of steam.

5. Glow SPP1 Company Limited received approval for a power generation and steam production project, with an investment value of 11.3 billion baht. The project, located at Asia Industrial Estate in Rayong Province, will have a capacity of 290 megawatts of electricity and 120 tons / hour of steam.

6. Bangkok Cogeneration Company Limited received approval for a power generation, steam and demineralized water production project, with an investment value of 4.7 billion baht. The project, located at Map Ta Phut Industrial Estate in Rayong Province, will have a capacity of 162 megawatts of electricity, 90 tons / hour of steam and 250 cubic meters / hour of demineralized water.

Source: www.boi.go.th