Thailand affirms commitment to boost foreign investment

Bangkok – Thai Prime Minister Paetongtarn Shinawatra has reaffirmed the country's commitment to creating an investor-friendly environment amid global economic uncertainties.

Speaking at the "Ignite Thailand: Invest in Endless Opportunities" event hosted by the Board of Investment (BOI) on March 12, Paetongtarn highlighted the government’s efforts to foster investor confidence, ensure resource and human capital readiness, and showcase Thailand as a secure and rewarding investment destination.

The government has identified key development priorities, including infrastructure, advanced technologies, and human resources. Major infrastructure projects like high-speed rail, dual-track railway systems, and the Land Bridge project are expected to enhance the country’s logistics network.

Additionally, investments in digital industries, electric vehicle manufacturing, and semiconductor production are set to position Thailand as an emerging tech hub. Workforce development initiatives will equip Thai workers with the skills needed for future industries.

According to the BOI, Thailand saw a surge in investment applications in 2024, reaching a 10-year high of 1.13 trillion THB (33.4 billion USD), a 35 per cent increase from the previous year.

Thai Prime Minister Paetongtarn Shinawatra has ordered heightened security measures and increased night in the country’s deep south following a series of violent attacks in Sungai Kolok, a border city in Narathiwat province, which left two security officers dead and 11 others injured.

The Thai Chamber of Commerce (TCC) is calling on the government to establish a "war room" to address tariff threats from the administration of US President Donald Trump.