Thailand's investment agency said on Wednesday it had approved project applications worth more than 78 billion baht ($2.2 billion) and offered tax benefits to speed up investment, as the military government seeks to help a stumbling economy.

The military seized power in May 2014 to end months of political unrest but has struggled to revive Southeast Asia's second-largest economy, with exports and domestic demand stubbornly weak.

It has stepped up infrastructure plans and accelerated approvals for private investment projects to help jolt the economy out of its rut.

The latest approvals include a 6.27 billion baht investment by Ford Motor (Thailand) to produce pick-up trucks, an 18.7 billion baht investment by Thai AirAsia X and a 6.75 billion baht investment by Nok Air, the Board of Investment (BOI) said in a statement.

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