Thailand approves nearly $2 billion in new investments (updated)
UPDATE 1-Thailand approves nearly $2 billion in new investments Adds details of investments
BANGKOK, July 8 (Reuters) - Thailand's investment board said on Wednesday it has approved $1.99 billion of new investments, led by Nestle and Thai Airways.
The following are details of some of the investments approved.
The Thai unit of Switzerland's Nestle is investing $688.7 million (22.9 billion baht) in expanding its Samut Prakan production facilities for instant, mixed, and ready-to-drink coffee, the board said.
Flag carrier Thai Airways THAI.BK received approvals for expansion projects worth $430.2 million to lease eight planes.
Datasection (Thailand) Co., Ltd., a subsidiary of Japan's Datasection Inc 3905.T, will invest $235.2 million (7.8 billion baht) to establish high-performance GPU server infrastructure for data hosting in Bangkok and Pathum Thani.
South Korea's Donsan Group's 000150.KS local unit will invest $180.2 million to produce copper-clad laminate and prepreg, which are inputs for printed circuit boards.
(Reporting by Chayut Setboonsarng, Editing by John Mair, Martin Petty)
((chayut.setboonsarng@thomsonreuters.com ; +66854849033))
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