Thailand’s Bold Leap: BOI’s 4-Year Strategy Propels the Nation Toward Global Manufacturing Excellence with 6 New Projects!

The BOI is wasting no time, approving six major investment projects with a total value exceeding 41 billion baht, strengthening the Thai economy to become a leading global manufacturing hub. Mr. Narit Therdsteerasukdi, Secretary-General of the BOI, revealed that these projects are part of a proactive 4-year investment strategy (2024-2027) focusing on attracting investments in five key industries: BCG, electric vehicles, upstream and intelligent electronics, digital and creative, and international business centers.

The six approved major investment projects:

1. Production of battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs): Chang’an Automobile Co., Ltd. with an investment value of 8.862 billion baht. Production capacity: 58,000 BEVs/year and 36,000 PHEVs/year.
2. Waste-to-energy power generation using steam turbines: C&G Environmental Protection (Thailand) Co., Ltd. with an investment value of 4.892 billion baht. Production capacity: 35 MW.
3. Waste-to-energy power generation using steam turbines: New Sky Energy (Bangkok) Co., Ltd. with an investment value of 4.892 billion baht. Production capacity: 35 MW.
4. Data Center: True Internet Data Center Co., Ltd. with an investment value of 3.586 billion baht. Located in Pak Kret District, Nonthaburi Province.
5. Air transport: Thai Airways International Public Co., Ltd. with an investment value of 9.314 billion baht. Purchase of 5 passenger aircraft with a total capacity of 1,670 seats and 303 tons of cargo.
6. Tourist attraction development: Songcheng Holding (Thailand) Co., Ltd. with an investment value of 9.54 billion baht in Chonburi Province.

The approval of these six major investment projects will enhance Thailand's investment potential, making the country more attractive to foreign investments and driving sustainable economic growth.

Additional Information: Board of Investment (BOI)

Tel: 0 2553 8111 

E-Mail: head@boi.go.th

Link: https://www.boi.go.th