23-12-16: Thailand aims sky-high with new aviation investors

By Anya Palm

A wave of new foreign investors in the aviation sector brings Thailand one step closer to achieving the goal of becoming ASEAN´s aviation hub.

The Board of Investment reveals that Thailand has commenced 22 new projects valued at 22.9 billion baht in total in the first ten months of the year within the industry.

In an effort to attract even more foreign investors the board is now looking at relaxing the current requirement of 51 percent Thai ownership of any project.