Thailand's government approved five investment strategies targeting GDP growth above 3%, including AI and digital hubs, green energy, and financial services to attract capital and restructure the economy.
The government is pursuing a comprehensive economic restructuring through five new investment strategies aimed at attracting capital to emerging industries, removing investment obstacles, and positioning Thailand as a regional investment hub, with a target to drive economic growth above 3%.
Narudom Thaoedsthirsakdi, secretary-general of the Board of Investment (BOI), announced that a subcommittee meeting on new investment development, chaired by Deputy Prime Minister and Finance Minister Ekachai Nitithamrong, approved a framework for implementing five new investment strategies. The measures seek to accelerate economic restructuring, enhance the country's competitive capabilities, and position Thailand as a key regional investment destination.
Ekachai stated that the global economy is undergoing transformation driven by geopolitical factors, AI technology, digital economy, aging societies, and green economy. Thailand must urgently reduce investment barriers, restructure its economy, and build investor confidence to seize opportunities from the global shift in manufacturing bases and supply chains.
The initiative sets targets to grow the economy beyond 3%, increase total investment to 30% of GDP, and raise Thailand's global competitiveness ranking to the top 20 through promotion of high-potential industries and infrastructure development.
The five core strategies are:
1. Investment and Industry Transformation Hub—upgrading existing industries and creating new ones, with accelerated approvals through Thailand FastPass
2. AI & Digital Hub—attracting investment in AI, semiconductors, and chips, targeting 100 billion baht in investment by 2027
3. Green Hub—promoting clean energy, smart electrical systems, and carbon markets
4. Financial Hub—developing Thailand as a regional financial services center
5. Medical Investment Hub—elevating Thailand as a high-value medical manufacturing and innovation base
Ekachai emphasized that implementation will pursue both quick-win and big-win measures with clearly assigned responsibility units, timelines, and performance indicators. Five dedicated task forces will be established to drive each strategy toward concrete results, with the overarching goal of transforming Thailand's economic engine toward technology, innovation, clean energy, and quality investment-driven growth while creating jobs, enhancing Thai entrepreneurship, and sustainably integrating into global supply chains.