Nestle and Thai Airways among applicants receiving Board of Investment go-ahead
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.
Flag carrier Thai Airways received approvals for expansion projects worth $430 million to lease eight passenger planes.
Datasection (Thailand) Co Ltd, a subsidiary of Japan-baased Datasection Inc, will invest $235 million (7.8 billion baht) to establish high-performance GPU server infrastructure for data hosting in Bangkok and Pathum Thani.
