Investment
Thailand's Ministry of Industry actively seeks investment in China's high-tech industry
Seetao 2025-02-19 08:54
  • These measures have enhanced Thailand's global competitiveness and contributed to Thailand's GDP growth
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In mid February 2025, Thai Minister of Industry Agna publicly stated that Thailand is optimistic about the investment prospects for 2025 and expects investment performance to be on par with 2024. This optimistic forecast is mainly based on the sustained growth of foreign direct investment (FDI) in Thailand. According to statistics, the FDI amount in Thailand has reached 832.11 billion Thai baht in 2024, a year-on-year increase of 25%.

In order to further enhance Thailand's investment attractiveness and strengthen the country's competitiveness on a global scale, Minister Agnar plans to personally visit China in February 2025 to actively seek investment in high-tech industries, especially in the field of electric vehicles (EVs). He stated that Thailand is vigorously promoting facilitation measures for the Eastern Economic Corridor (EEC), aimed at providing more convenient and efficient services for businesses to conduct business in the region. Through these efforts, Thailand hopes to gain a more advantageous position in competition with neighboring countries such as Singapore and Vietnam.

In order to attract more domestic and foreign investors, Thai government departments and private enterprises have joined hands to launch a government one-stop service center in the Anmeide Industrial Park in Chumphon Province. The center provides investors with a variety of convenient administrative services, including license application, tax incentives, import and export permits, etc. The Thai government hopes to promote investment in the high-tech industry and contribute at least 1% to Thailand's GDP growth through the establishment of these service centers.

27 industrial parks have been established within the Eastern Economic Corridor, with nearly 7000 factories. Among them, the Amata City Industrial Park has gathered over 800 enterprises, becoming the core of the region's economy. The Thai Ministry of Industry, Ministry of Commerce, EEC Office, Board of Investment Thailand (BOI), Industrial Parks Authority of Thailand (IEAT), as well as Anmed Group and other government departments and private enterprises will continue to work together to promote the development of Thailand's Eastern Economic Corridor and attract more high-tech industry investment.(This article is from the official website of Jian Dao www.seetao.com. Reproduction without permission is prohibited, otherwise it will be prosecuted. Please indicate Jian Dao website+original link when reprinting.) Jian Dao website strategy column editor/Miao Ting

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