FDI to start recovering next year in hotel, tourism sectors
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published : 2 Jul 2021 at 07:11
1 Bangkok’s Silom Road is unusually quiet without tourists. The Covid-19 pandemic delays new investments in tourism-related sectors. (Photo: Somchai Poomlard)
Thailand s foreign direct investment (FDI) is expected to recover next year, especially for hotels, tourism and other sectors such as electronics and wafer fabrication for which the Board of Investment has offered attractive tax breaks.
Speaking at an online seminar Key Findings Of UNCTAD World Investment Report 2021: Post-Covid Challenges In Asia-Pacific , Manu Sithiprasasana, executive director of the International Institute for Trade and Development, said Thailand s FDI inflows are expected to fall to their lowest level this year because of the severe impact of the pandemic before starting to recover in 2022.