Thailand’s Board of Investment (BoI) has approved 700 projects. All of the projects are valued at a combined investment of 110 billion baht. The goal is to help boost Thailand’s economy through the approval of new investments.

The BoI approved 700 billion baht in investments last year and hopes to approve 1.4 trillion baht in 2015. These investments would be distributed among an estimated 1,600 projects.

The 700 projects approved so far are software, medical appliance, cloud computing and auto parts-related. This is aligned with the BoI’s policy of helping support the technology and service industries in the country.

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