BOI calls for meeting with foreign representatives to boost investment opportunities in Thailand

December 16, 2020

Thailand’s Board of Investment (BOI) said on Wednesday that it had managed to hold a meeting with representatives of Foreign Chambers of Commerce to enhance confidence among investors and facilitate those who are interested to invest in Thailand.

Duangjai Asawachintachit, BOI’s secretary general, said that 35 representatives from various countries around the world will participate in this event.

Meanwhile, the deputy Prime Minister Supattanapong Punmeechaow is going to be the chairman at the meeting, held at the InterContinental Bangkok hotel.

During the conference, the BOI will discuss and listen to suggestions on measures to restore the economy and also the difficulties for investors amid the disruption caused by the coronavirus pandemic.

“All countries have been affected by the outbreak including Thailand, but with effective measures on containing the spread of the virus, the Thai industry has been recovering gradually,” Duangjai said.

The secretary general also added that “there has been constant order returning from the downturn. Thailand is ready to welcome new investment projects to stimulate the economy growth.”

The Special Tourist Visa (STV)

Earlier, the Tourism Authority of Thailand (TAT) announced the ‘Special Tourist Visa’ (STV), is initially available for travelers from countries considered low- to medium-risk.

The visa is eligible for international tourists, business travelers, investors and crews of foreign yachts and can be extended twice up to around nine month with cost at 2,000 baht.

All travelers still need to undergo the mandatory 14 days quarantine upon arrival and provide proof of their long-term accommodation or residence in Thailand, such as a hotel reservation, rental contract or condominium ownership documents.

In addition, travelers also need the required medical and travel insurance as well as a valid Fit to Fly medical certificate.

Source: Thai Enquirer