Thailand’s Board of Investment (BOI) said it recently approved 18 new investment projects worth a combined THB122.84bn.

Among the projects it has approved is an application by Toyota to spend THB51.5bn to increase pickup truck and component production capacity at its plant in Chachoengsao.

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The BOI also approved an application by Chinese-owned LLIT (Thailand) to build a plant with a capacity to make 11.2m tyres per year in Chon Buri province.

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