“Ignite Thailand” vision unveiled to boost investment

Thailand recorded its highest level of investment promotion applications in a decade, with total requests reaching 1.13 trillion THB (33.6 billion USD) in 2024.

Thai Prime Minister Paetongtarn Shinawatra (Source: thailand.prd.go.th)
Thai Prime Minister Paetongtarn Shinawatra (Source: thailand.prd.go.th)

Bangkok (NNT/VNA) – Prime Minister Paetongtarn Shinawatra has outlined Thailand’s economic vision under the theme "Ignite Thailand: Invest in Endless Opportunity", reaffirming the country’s commitment to attracting investment despite global economic uncertainty.

The premier highlighted plans to strengthen investor confidence by ensuring policy continuity, supporting long-term economic growth, and creating an environment conducive to new investments.

The Thai Government has identified key sectors for development, including infrastructure, advanced technology, and human capital. Major projects such as high-speed rail, dual-track railway expansion, and the Land Bridge Project are expected to enhance Thailand’s logistics network. Investments in digital industries, electric vehicle production, and semiconductor manufacturing will position the country as a hub for emerging technologies, while workforce development efforts will equip Thai workers with skills for future industries.

Thailand recorded its highest level of investment promotion applications in a decade, with total requests reaching 1.13 trillion THB (33.6 billion USD) in 2024. The PM attributed this to long-term economic planning and proactive investment strategies, which have reinforced the country’s role as a preferred manufacturing and business destination.

Paetongtarn called for greater collaboration between the Government, private sector, and citizens to create a thriving economic environment. She revealed that the Government is now working to strengthen Thailand’s position as a strategic link between global investors and major economies, ensuring sustained growth and competitiveness./.

VNA

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