Thailand’s investment promotion applications surged 139% to 1.06 trillion baht in H1 2025, driven by digital sector growth and FDI, reflecting strong investor confidence in the economy. The Board of Investment (BOI) reported that the digital sector accounted for a significant portion of the applications, showcasing Thailand’s growing appeal as a hub for technology and innovation. Additionally, foreign direct investment (FDI) inflows saw notable increases, particularly in renewable energy, electric vehicles, and advanced manufacturing, as global companies sought to leverage Thailand’s strategic location and skilled workforce.
BANGKOK, July 24, 2025 /PRNewswire/ — The Thailand Board of Investment today announced that applications for investment promotion in the first half of 2025 increased by 139% from the year earlier period to a record 1.06 trillion baht (ca. USD 32.5 billion) led by a 20-fold rise to 522.6 billion baht in digital sector pledges, as well as continued investment in the electrical and electronic appliance (E&E) sector, and rail infrastructure.
The data center business alone attracted a combined investment value of 521.2 billion baht from 28 projects, as foreign and local tech companies continued to address the soaring demand for cloud services from hyperscalers. Over the past several months, global cloud service companies (hyperscalers) like Amazon Web Services and Google, as well as platforms such as TikTok, have announced plans to expand in Thailand and the region.
In other segments of the digital sector, cloud services saw two applications worth a combined investment of 671 million baht, while 59 applications were filed for software and digital platform development projects, representing 669 million baht in combined investment.
“The applications during the past six months confirm that our strategy to focus on high-tech and high-value sectors is paying off,” said Mr. Narit Therdsteerasukdi, Secretary General of the BOI. “The overall increase in both number of…
