Thailand expects foreign and domestic companies to pour about 2 trillion baht ($57 billion) into sectors such as electric vehicles, smart electronics and technologies to build a green and sustainable economy by 2030.
The new investments could create 625,000 new jobs and add 1.7 trillion baht to the country’s gross domestic product, the Board of Investment said in a statement on Friday. The agency plans to promote five target industries, including electric, bio-circular and green vehicles, innovation and smart electronics among potential investors.