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Thailand’s Investment Applications Nearly Double to Record US$42 Billion in First Nine Months of 2025

Thailand’s Board of Investment (BOI) has announced a historic surge in investment applications for the first nine months of 2025, reaching a record-breaking 1.37 trillion baht (approx. US$42.2 billion)

by Nguyen Trang
October 29, 2025 - Updated on October 30, 2025
in Investment
Reading Time: 3 mins read
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Bangkok, October 29, 2025 — Thailand’s Board of Investment (BOI) has announced a historic surge in investment applications for the first nine months of 2025, reaching a record-breaking 1.37 trillion baht (approx. US$42.2 billion) — a 94% increase year-on-year. The sharp rise reflects growing investor confidence in Thailand’s high-tech sectors and strategic positioning in the global supply chain.

According to BOI Secretary General Mr. Narit Therdsteerasukdi, the value of applications already exceeds the total for all of 2024 by 22%, underscoring Thailand’s appeal as a destination for advanced manufacturing and digital infrastructure. “This reflects the success of our commitment to hi-tech sectors at the heart of our investment strategy,” he stated.

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🌍 Top Foreign Direct Investment (FDI) Sources

CountryFDI Value (Billion Baht)
Singapore359.8
Hong Kong SAR237.3
Mainland China142.9
United Kingdom100.3
Japan73.8

The government is intensifying investment initiatives to strengthen the economy of Southeast Asia’s second-largest nation, which has been impacted by US tariffs, high household debt, and a strong baht. Key measures include encouraging foreign direct investment, upgrading infrastructure, and introducing policies to attract global businesses.

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“The fact that the value of investment applications we received in the first nine months of 2025 is already 22% higher than applications for the whole of 2024 shows that investors recognize Thailand’s economic potential,”

BOI Secretary General Mr. Narit Therdsteerasukdi

Key Growth Sectors

  • Digital Sector: 119 projects, primarily data centers, totaling 612.8 billion baht
  • Electrical & Electronics (E&E): 382 projects, 184.1 billion baht
  • Automotive & Parts: 229 projects, 71 billion baht
  • Agriculture & Food Processing: 228 projects, 47.2 billion baht
  • Petrochemicals & Chemicals: 230 projects, 36.8 billion baht
  • Renewable Energy: 74.2 billion baht
  • Infrastructure (industrial estates, logistics, transport): 177.4 billion baht

Foreign Direct Investment (FDI) Highlights

FDI accounted for 72% of total investment value, with pledges rising 82% from the previous year. Leading sources of FDI include:

  • Singapore: 359.8 billion baht
  • Hong Kong SAR: 237.3 billion baht
  • Mainland China: 142.9 billion baht
  • United Kingdom: 100.3 billion baht
  • Japan: 73.8 billion baht

Notable Projects

  • Beijing Haoyang Cloud Data Technology (HK): 72.7B baht for data center development
  • Zenith Data Center and Cloud Services (UK): 52.6B baht
  • Galaxy Peak Data Center (Singapore): 38B baht
  • Sunwoda Automotive Energy Technology (China): 50.5B baht for high-density battery manufacturing
  • Peng Shen Technology (Singapore): 15.8B baht for advanced circuit boards
  • Fabrinet (USA): 4.6B baht for optical fiber production

This record-setting momentum reinforces Thailand’s strategic role in Asia’s digital transformation and green manufacturing push. With robust infrastructure, targeted incentives, and a skilled workforce, the country continues to attract high-value investments that align with its long-term development goals.

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