Vallop Vitanakorn, vice-chairman of the Federation of Thai Industries, said even though the government had tried all means to stimulate foreign investment and The business sector attributes inactive foreign investment to uncontrollable external factors, especially the global economic outlook that has not yet fully recovered, prompting potential investors to rethink their plans. Mr Vallop said the government's stimulus package would help to boost foreign investment but noted other factors remained that investors must take into account before making final decisions. "Most investments are for the long term, so investors need to consider several factors and circumstances and whether it is the right time for them to invest". The BoI said applications for investment privileges in the first nine months of this year covered 758 projects with a combined investment of 155 billion baht and In the same period, the BoI approved 1,769 projects with a combined investment of 665 billion baht.