BACK Thailand Shines at BOI Ignite Thailand 2025 Highlighting Its Strength as a Global Investment Destination
Thailand has achieved a new record in investment promotion, with investment applications reaching over 1.13 trillion baht—the highest in the past decade. This milestone is the result of cooperation from all sectors, led by the Board of Investment (BOI). Thailand is now recognized as a top-tier destination, thanks to its strengths in skilled workforce, logistics infrastructure, raw materials, political stability, clean energy, and well-established industrial parks and industrial estates.
At BOI Ignite Thailand 2025, the BOI’s annual flagship event, Thailand presented its readiness and development plans in several key areas to reinforce its image as a global investment hub.
1. Ready Workforce
The Ministry of Higher Education, Science, Research and Innovation is accelerating the development of skilled personnel, especially in future industries such as semiconductors and advanced electronics. This includes research funding, special Sandbox and scholarship programs to produce talent in semiconductors, electronics, EVs, and AI, as well as scholarships for digital technology students, and a talent attraction program to bring in global experts. The goal is to produce more than 80,000 digital professionals through the national plan.
2. Clean Energy Readiness
In response to increasing global demand for carbon neutrality, the government is improving the electricity grid, supplying clean energy to industrial estates via the Electricity Authority, and enabling third-party energy purchases to support the expansion of clean energy capacity. This will help Thailand become a hub for green industries and promote long-term investment.
3. Digital Infrastructure Readiness
To support digital investment, the Ministry of Digital Economy and Society is working to improve data center infrastructure, implement the Cloud First policy to become a regional hub for cloud and data, support AI development, and provide tax benefits and designated zones to promote digital technology investment.
4. Transport Infrastructure Readiness
The government is pushing forward several infrastructure projects, including new electric railway lines (Purple Line and Southern Purple Line), high-speed and double-track railways connecting Bangkok to the South and Northeast, the Laem Chabang Port Phase 3 development, airport capacity expansion, and the Land Bridge project connecting the Andaman Sea and the Gulf of Thailand.
BOI Support & Incentives
The BOI offers various investment incentives. Investors in 304 Industrial Park, for example, benefit from BOI promotion and receive free One-Stop Service support from experienced staff. This includes consulting on BOI applications, land ownership for foreigners, factory licenses, and other services.
Strengthening Investment Ecosystem with Interagency Collaboration
The BOI is also collaborating with various government agencies to further enhance the investment ecosystem. These include:
- The Ministry of Digital Economy and Society in developing cloud infrastructure and promoting digital investment
- The Ministry of Energy in preparing the new Power Development Plan (PDP), aiming to raise clean energy to 51% by 2037 and modernize the grid
- The Ministry of Higher Education in launching the STEM One-Stop Service to supply skilled talent for targeted industries
- The Ministry of Finance in offering tax credits to enhance competitiveness and mitigate the Global Minimum Tax impact
Thailand’s Investment Outlook
In 2024, Thailand hit a record high in investment applications, with the BOI receiving more than USD 30 billion—the highest in a decade. This underscores Thailand’s potential and readiness to become a global investment destination.
Data source
- https://www.bangkokbiznews.com/business/economic/1170685
- https://www.bangkokbiznews.com/business/economic/1170633
- https://www.bangkokbiznews.com/business/economic/1170655
- https://interloop.co.th/10-reasons why Thailand/
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