Industry Ministry Showcases Industrial Estates Ready to Support Global Manufacturing Relocation, Positioning Thailand as Regional Tech and Clean Energy Hub
Thailand is positioning itself as a regional hub for technology and clean energy manufacturing by showcasing industrial estates ready to attract global investors relocating production. The government reported surging investment figures, wit
Industry Minister Varawut Silpaarchaa revealed progress at the Industrial Estate Authority of Thailand (IEAT) following the implementation of aggressive policies to drive Thailand's industrial sector. The Industry Ministry is accelerating Thailand's economic growth through the 'ONE MIND unified industry' initiative, showing concrete results.
Investment figures in industrial estates are surging, capitalizing on the global shift in manufacturing bases and positioning Thailand as a regional center for technology and clean energy industries. The IEAT's Low Carbon City development policy has become a major attraction for clean energy industrial groups to increase their investments continuously.
Simultaneously, the IEAT is accelerating efforts to elevate industrial estates nationwide as primary investment destinations for global investors through four key pillars: partnering with the World Bank to attract Green Finance supporting SMEs and future industries, promoting standardized international carbon credit markets, reforming laws to reduce factory licensing procedures to one month, and implementing smart surveillance systems to monitor environmental pollution 24/7.
According to IEAT Governor Sumet Tangsetsereekul, as of March 2025, overall investment in industrial estates continues to expand strongly. Thailand currently has 82 industrial estates across 18 provinces, with 75 operating commercially, housing over 5,798 factories with cumulative investment value reaching 13.37 trillion baht.
This aligns with the Board of Investment (BOI) first-quarter 2025 investment promotion applications, which surged over 1.01 trillion baht, representing 2.4 times growth—a crucial positive signal for Thailand's economic recovery, reflecting investor confidence in choosing Thailand as their primary manufacturing base.
Minister Varawut stated that these expansion figures reflect economic stability and success in attracting new investment into the country, particularly in electric vehicle (EV) and advanced technology sectors.
"The Industry Ministry is ready to push forward the new phase of the 'Thailand Future Fund: TFF,' raising over 100 billion baht as an important financial tool to develop green economic projects and support artificial intelligence (AI) and clean energy industries in the future, such as floating solar farms and digital infrastructure."
"Currently, the IEAT still has over 24,984 rai of available land for investment, mostly in the Eastern Economic Corridor (EEC). We will accelerate development of the Smart Port Laem Chabang with digital technology and intelligent utilities infrastructure to support future industries (S-Curve), while supporting Thai SMEs to enter global supply chains to drive sustainable economic growth."
