Deputy Prime Minister and Industry Minister Suwit Khunkitti admitted that most operators had become more careful in making decisions on investment at the moment as a result of negative economic factors, both domestic and global.

However, he has yet to revise downward the BoI’s investment target this year because of his confidence in the country’s strong infrastructure.

BoI secretary-general Satit Charnjavanakul said lower investment figures did not always reflect a worsening investment climate.

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