Home
Search History
Clear History
{{item.search_key}}
Hot Searches
Change
{{item.name}}
{{item.english_name}}
Subscribe eNews
Once A Week Once Every Two Weeks
{{sum}}
{{sum}}
Login

Please Login

Subscribe To Tags, See What You Want To See

Sign Up For Events, Expand your network

Unlock Private Messages, Participate In Interactions

 Register

Hi.{{userInfo.company_name_english||userInfo.truename_english}} Hi.{{userInfo.truename||userInfo.phone||userInfo.email}}

Applications

Chongqing Wolf Chemical launches new PPS for vehicle capacitor

SKZ launches research project “CloseT” for sustainable textile recycling

High-performance TPE for drinking water safety

Products

SABIC expands PPE oligomers capacity for AI and 5G data-center PCBs

Mitsubishi Chemical strengthens carbon fiber manufacturing capacity in Japan and US

K 2025: Amut brings innovations with efficiency, integration and sustainability

Activities

  • Fakuma to celebrate 30th anniversary edition in October 2026

  • Italy pavilion at Plast Eurasia proves its rising presence in Turkish market

  • CHINAPLAS 2026: Grand stage for new material, smart manufacturing and green solutions

Pictorial

Industry Topic

ASEAN: The Next Manufacturing Hub

Innovative and Sustainable Packaging

Green Plastics: News & Insights

CHINAPLAS

CHINAPLAS 2025 Focus

CHINAPLAS 2024 Focus

CHINAPLAS 2023 Focus

Exhibition Topic

K 2025 FOCUS

CHINA INSIGHT

Fakuma 2024 Highlights

News Videos

Magnetic mold changing system developed in-house by Shanghai Qiaotian

Xiamen LFT Composite's plastic solutions as alternative to steel

Ausell highlights car-to-car closed-loop recycling technology

Conference Videos

[Live Replay] LK Group: Smart Manufacturing, New Chapters in Southeast Asia: High-Efficiency Solutions in PET Preform & Thin-Wall Packaging

[Live Replay] Fu Chun Shin (FCS): Data-Driven Digital Rebirth and Intelligent Future of Injection Molding

【Mandarin session:Webinar playback】HUSKY: Molding the Future of Drug Delivery: Solutions for the Evolving Autoinjector

Corporate/Product Videos

XLQE80-XIANGLONG All Electric Blow Molding Machine-25Liter

XLQE65-2 XIANGLONG All Electric Blow Molding Machine-Medicine Packaging

XLQ65-2 XIANGLONG Hydraulic Servo Blow Molding Machine

Exhibition

Playback TECHHUB 2025@CPRJ Live Streaming for CHINAPLAS

Playback TECHHUB@CPRJ Live Streaming for CHINAPLAS

Events

Playback On April 14, the "6th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase" at the Crowne Plaza Shenzhen Nanshan is currently being livestreamed!

Playback 5th Edition CHINAPLAS x CPRJ Plastics Recycling and Circular Economy Conference and Showcase

News
NEW
HOT
 Events
NEW
HOT
 SPE Asia
NEW
HOT
 Special
NEW
HOT
 Live
NEW
HOT
 eNews
NEW
HOT
 Essential Guide
NEW
HOT
 Event Calendar
NEW
HOT
 Survey
NEW
HOT
 CHINA INSIGHT
NEW
HOT

Home > News > Regional News

Thailand BOI reports steady growth of FDI, boosting auto industry

Source：Adsale Plastics Network Date ：2023-12-04 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Thailand Board of Investment (BOI) shared the accomplishments for the first nine months of 2023 and introduce the new Automotive Industry Upgrade Measures.


Thai BOI secretary general_480.jpg

Narit Therdsteerasukdi, Secretary General of the BOI.

 

Increased project applications and foreign investment

 

In the first nine months of 2023, the BOI received a total of 1,555 project applications, reflecting a substantial 31% increase in value to combined THB 516.8 billion, marking a 22% year-on-year increment.


Thai BOI 2023 FDI infographic_overall_480.jpg



Infographics on investment project applications.

 

This underscores the growing confidence of investors in Thailand’s investment ecosystem and the effectiveness of new investment promotion strategy aimed to transform the Thai economy towards the “New Economy”.

 

The upsurge of Foreign Direct Investment (FDI) applications also marks the successful accomplishment. The number of FDI projects increased by 49%, totaling 910 projects, with a remarkable 43% increase in investment value, reaching THB 398.5 billion compared to the previous year.

 

China emerged as the largest source of FDI applications, contributing to 24% of FDI value, with a total investment pledge of THB 97.4 billion for 264 projects. Ranked second, Singapore is with 133 projects representing combined investments of THB 80.2 billion.

 

Japan secured the third position with 176 projects worth THB 43.1 billion in investments, with Taiwan and Korea came fourth and fifth.


Thai BOI 2023 FDI infographic_country_480.jpg



Ranking of countries on FDI applications.

 

“The positive response from foreign investors reflects their trust in Thailand's potential. The BOI's focus on strategic sectors and the nurturing of an innovative ecosystem has made the country increasingly appealing for investors,” explained Narit Therdsteerasukdi, Secretary General of the BOI.

 

Targeted industries remain on top

 

Targeted industries accounted for 787 applications, representing a substantial 51% of total investment applications with a combined value of THB 366.2 billion, making up 71% of the total investment application value.


Thai BOI 2023 FDI infographic_industry_480.jpg



Proportion of different industries according to their investment value.

 

E&E industry secured the top among sectors, with 171 projects, an 84% increase compared to last year, and an investment value of THB 208.2 billion.

 

Argo-industry and food processing sector came second with 213 projects, which is a 32% rise and a combined value of THB 55.7 billion. While the automotive and parts industry had 151 investment applications, with an 89% increase, reaching a total of THB 42.2 billion.

 

"The approved investment projects in 2023 are expected to contribute THB 2 trillion per year of export value and generate employment for over 100,000 positions,” stated Narit Therdsteerasukdi.

 

Future measures to attract investment

 

To further favor the investment climate, the BOI board stressed the importance of tackling challenges and collaborating with other government agencies to bring success to the “Ease of Investment” agenda in various areas.

 

This includes the relaxation of Foreign Business License (FBL) requirements and foreign workers’ visa and work permit regulations, provision of clean and renewable energy, and other investment-related regulatory hurdles.

 

In addition, BOI is committed to assisting the automotive industry, with approved enhanced incentives for automotive manufacturer, including import duty exemptions for machinery and a 3-year corporate income tax exemption package.


 Like 丨  {{details_info.likes_count}}
Automotive
Thailand
Investment
 MOTAN TAICANG CO., LTD.      
 GUANGDONG HTASO NEW MATERIALS TECHNOLOGY CO.,LTD      

The content you're trying to view is for members only. If you are currently a member, Please login to access this content.   Login

Source：Adsale Plastics Network Date ：2023-12-04 Editor ：RC
Copyright： This article was originally written/edited by Adsale Plastics Network (AdsaleCPRJ.com), republishing and excerpting are not allowed without permission. For any copyright infringement, we will pursue legal liability in accordance with the law.

Thailand Board of Investment (BOI) shared the accomplishments for the first nine months of 2023 and introduce the new Automotive Industry Upgrade Measures.


Thai BOI secretary general_480.jpg

Narit Therdsteerasukdi, Secretary General of the BOI.

 

Increased project applications and foreign investment

 

In the first nine months of 2023, the BOI received a total of 1,555 project applications, reflecting a substantial 31% increase in value to combined THB 516.8 billion, marking a 22% year-on-year increment.


Thai BOI 2023 FDI infographic_overall_480.jpg



Infographics on investment project applications.

 

This underscores the growing confidence of investors in Thailand’s investment ecosystem and the effectiveness of new investment promotion strategy aimed to transform the Thai economy towards the “New Economy”.

 

The upsurge of Foreign Direct Investment (FDI) applications also marks the successful accomplishment. The number of FDI projects increased by 49%, totaling 910 projects, with a remarkable 43% increase in investment value, reaching THB 398.5 billion compared to the previous year.

 

China emerged as the largest source of FDI applications, contributing to 24% of FDI value, with a total investment pledge of THB 97.4 billion for 264 projects. Ranked second, Singapore is with 133 projects representing combined investments of THB 80.2 billion.

 

Japan secured the third position with 176 projects worth THB 43.1 billion in investments, with Taiwan and Korea came fourth and fifth.


Thai BOI 2023 FDI infographic_country_480.jpg



Ranking of countries on FDI applications.

 

“The positive response from foreign investors reflects their trust in Thailand's potential. The BOI's focus on strategic sectors and the nurturing of an innovative ecosystem has made the country increasingly appealing for investors,” explained Narit Therdsteerasukdi, Secretary General of the BOI.

 

Targeted industries remain on top

 

Targeted industries accounted for 787 applications, representing a substantial 51% of total investment applications with a combined value of THB 366.2 billion, making up 71% of the total investment application value.


Thai BOI 2023 FDI infographic_industry_480.jpg



Proportion of different industries according to their investment value.

 

E&E industry secured the top among sectors, with 171 projects, an 84% increase compared to last year, and an investment value of THB 208.2 billion.

 

Argo-industry and food processing sector came second with 213 projects, which is a 32% rise and a combined value of THB 55.7 billion. While the automotive and parts industry had 151 investment applications, with an 89% increase, reaching a total of THB 42.2 billion.

 

"The approved investment projects in 2023 are expected to contribute THB 2 trillion per year of export value and generate employment for over 100,000 positions,” stated Narit Therdsteerasukdi.

 

Future measures to attract investment

 

To further favor the investment climate, the BOI board stressed the importance of tackling challenges and collaborating with other government agencies to bring success to the “Ease of Investment” agenda in various areas.

 

This includes the relaxation of Foreign Business License (FBL) requirements and foreign workers’ visa and work permit regulations, provision of clean and renewable energy, and other investment-related regulatory hurdles.

 

In addition, BOI is committed to assisting the automotive industry, with approved enhanced incentives for automotive manufacturer, including import duty exemptions for machinery and a 3-year corporate income tax exemption package.


全文内容需要订阅后才能阅读哦~
立即订阅
Maguire Bannner Ad (EN) Sino-Pack 2025 home page banner
FCP flexible composite pipe - Hydrogen delivery JC times button ad EN Twin Screw Extruder

Recommended Articles

Regional News
Unlocking growth secrets of Chinese listed plastic machinery companies
 2025-12-08
Regional News
EU proposes new strategy to boost bioeconomy
 2025-12-05
Regional News
Partnership formed to cut energy costs across Malaysia and Thailand
 2025-11-20
Regional News
PLASTICS and SPE to merge by the end of 2025
 2025-10-03
Regional News
K 2025: Italian exhibitors build strong presence amid export slowdown
 2025-09-22
Regional News
US imposes full tariffs on PET and rPET imports
 2025-09-10
信百勒 英文横幅 AdsaleCPRJ.com A1 420x90 EN
rongsheng 金纬 Haitian button ad EN
  • Must See
    • News
    Images
    Watch it
1
Unlocking growth secrets of Chinese listed plastic machinery companies
2
(Interview) How a tube unlocks localization in the billion-dollar medical consumables market
3
SÜDPACK breaks ground for facility for mono-PP blister packaging
4
Viewpoint: How to win in green transition? Case studies on China and Europe recycling industry
5
EU proposes new strategy to boost bioeconomy
1
Xiamen LFT Composite's plastic solutions as alternative to steel
2
Magnetic mold changing system developed in-house by Shanghai Qiaotian
3
【Mandarin session:Webinar playback】HUSKY: Molding the Future of Drug Delivery: Solutions for the Evolving Autoinjector
4
Ausell highlights car-to-car closed-loop recycling technology
5
[Live Replay] LK Group: Smart Manufacturing, New Chapters in Southeast Asia: High-Efficiency Solutions in PET Preform & Thin-Wall Packaging
  • Hot Specials

You May Be Interested In

Change
  • People
  • Company
loading... No Content
{{[item.truename,item.truename_english][lang]}} {{[item.company_name,item.company_name_english][lang]}} {{[item.job_name,item.name_english][lang]}}
{{[item.company_name,item.company_name_english][lang]}} Company Name    {{[item.display_name,item.display_name_english][lang]}}  

Polyurethane Investment Medical Carbon neutral Reduce cost and increase efficiency CHINAPLAS Financial reports rPET INEOS Styrolution Evonik Borouge Polystyrene (PS) mono-material Sustainability Circular economy BASF SABIC Multi-component injection molding machine All-electric injection molding machine Thermoforming machine

Thailand BOI reports steady growth of FDI, boosting auto industry

识别右侧二维码，进入阅读全文
下载
x 关闭
订阅
亲爱的用户，请填写一下信息
I have read and agree to the 《Terms of Use》 and 《Privacy Policy》
立即订阅
Top
Feedback
Chat
News
Market News
Applications
Products
Video
In Pictures
Specials
Activities
eBook
Front Line
Plastics Applications
Chemicals and Raw Material
Processing Technologies
Products
Injection
Extrusion
Auxiliary
Blow Molding
Mold
Hot Runner
Screw
Applications
Packaging
Automotive
Medical
Recycling
E&E
LED
Construction
Others
Events
Conference
Webinar
CHINAPLAS
CPS+ eMarketplace
Official Publications
CPS eNews
Media Kit
Social Media
Facebook
Linkedin
Adsale Group ｜  About Us ｜  Terms of Use ｜  Privacy Policy ｜  Contact Us ｜  Media Kit ｜  Consent Letter for Processing Personal Data ｜