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Constitution approval paves way for more investment

At least 65 per cent of investment projects approved by the Board of Investment during 2006-2007 would be invested, after the Constitution is approved, said Industry Permanent Secretary Chakramon Phasukavanich.



He noted that the investors which won tax privileges during the period have held on their investment due to unclear outlook of the Constitution. 65 per cent of the projects is equivalent to about Bt600-Bt700 billion, he said.

 "Now local and foreign investors regain their confidence as there is expectation that the new elected government will be formed soon. This would pave way for robust investment in the year 2008," he said.

- The Nation


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