With Thailand emerging as a tech and sustainability hub, incentives of the Board of Investment of Thailand or the BOI offer significant opportunities for foreign and domestic investors. Strategic investments in digital transformation, AI, and green industries position Thailand as a leading ASEAN business destination.
Major Investment Approvals
- Digital Expansion: TikTok Pte. Ltd. will invest THB 126.79 billion in a high-performance Data Hosting Center across Bangkok, Samut Prakan, and Chachoengsao. Siam AI Corporation, Thailand’s first NVIDIA Cloud Partner, will develop AI Cloud Services in Chonburi and Pathum Thani for THB 3.25 billion.
- Agricultural & Bio-Industry: Asia Pacific Potash Corporation will establish a THB 40.4 billion potassium chloride facility in Udon Thani to support domestic fertilizer production.
- Sustainable Aviation Fuel (SAF): Incentives include 8-year corporate income tax (CIT) exemptions for SAF production and 3 years for blended fuel.
Thailand’s Five-Pillar Investment Strategy 2025
- Targeted Industry Investment: Prioritizing BCG (Bio-Circular-Green), electric vehicles (xEV), semiconductors, digital industries, and international business centers. Expanding BOI offices in Chengdu (China) and Singapore to attract foreign direct investment.
- SME and Supply Chain Development: Strengthening local supplier capabilities to integrate into advanced industries.
- Skilled Workforce Development: Expanding LTR Visa and Smart Visa programs to attract global talent.
- Infrastructure and Regulatory Reforms: Promoting investment in logistics, digital infrastructure, and regulatory improvements to facilitate foreign investment. Developing strategies to mitigate the impact of the Global Minimum Tax (GMT).
- Green Economy and Sustainable Industries: Encouraging investments in renewable energy, recycling, and carbon reduction technologies. Introducing mechanisms like Utility Green Tariff (UGT) and Direct PPA agreements for clean energy procurement.
BOI Greenlights THB 170 Billion in High-Impact Investments_Bangkok Global Law