Excerpt from Japanese Investment and Influence in Thai Development
Japan has led the way in foreign investments, focusing on export-oriented manufacturing sectors, such as electrical and electronics products as well as chemical and non-metal goods. Total new and additional investment (unadjusted for inflation) from Japan rose from $48 million in 1985 to $859 million in 1988 (ministry of Foreign Affairs, 1988; Keizai Koho Center, The total stock of Japanese investments in Thailand by mid-1989 had reached billion, compared to merely $871 million for the next largest investor, Taiwan (sanger.
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