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The government’s economic stimulus measures have created approximately 2,500 new companies from December last year to January.
Department of Business Development (DBD) Deputy Director-General Rattana Theanvisitsakul has revealed that there were more than 5,700 new companies registered in January. This represents a 78% increase from the previous month, but a 4% decrease year-on-year. The combined value of all new company registrations is 28.1 billion baht.
The DBD Deputy Director-General expects there will be around 60,000 – 65,000 new companies registered by the end of 2016, due to government mega projects and a higher investment budget for this year.
The most popular category for new companies is construction, followed by real estate, consulting, construction materials and machinery.