The Board of Investment (BOI) has accelerated efforts to promote Thai companies as key drivers of the country’s “New Economy,” leveraging technology and innovation. In the first nine months of 2025, investment from majority-Thai companies surged nearly 100 percent compared to the same period last year, with 840 projects valued at over 447 billion baht. The growth highlights the capacity of the private sector to upgrade business operations and advance Thailand’s economic transformation.
Investment increased across five main sectors: agriculture, food, and biotechnology; tourism, transport, logistics, and medical services; digital technology; industrial utilities; and machinery and automotive parts. The BOI’s strategy focuses on enhancing competitiveness through incentives for high-skilled labor, modern technology adoption, and innovation-driven projects, as well as fostering collaboration with foreign partners for knowledge transfer, component production, and joint ventures. Notable projects include advanced food production, premium pet food, bioplastics, renewable energy, industrial estates, data centers, digital services, and electric mobility solutions.
The BOI continues to support Thai SMEs, enabling growth from small enterprises to global players. Policies include reduced minimum investment thresholds for majority-Thai SMEs, partial allowance for used machinery to lower costs, and enhanced corporate tax exemptions, doubling the benefits compared to standard projects. These measures aim to strengthen the domestic private sector as a foundation for sustainable economic growth and innovation.
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