BOI Confirms Political Changes Won’t Deter Chinese Investment in Thailand

Bangkok: The Board of Investment (BOI) affirms that the dissolution of parliament will not hinder foreign investment in Thailand, emphasizing that China is set to continue establishing business bases in the country. The BOI remains optimistic about Thailand's prospects as a key investment destination for China, especially in the high-tech sector. Efforts are underway to attract investments in robotics supply chains, digital businesses, and joint ventures in clean energy development.

According to Thai News Agency, Mr. Narut Teodsathirasak, Secretary-General of the BOI, stated that despite the political changes, the BOI is fully operational in attracting investments in target industries and advancing existing policies. The BOI is focusing on three main measures: Thailand FastPass, developing highly skilled personnel for modern industries, and supporting Thai entrepreneurs in enhancing competitiveness. Recent roadshows in Japan and China have targeted major investing countries, with the 'Thailand-China Investment Forum 2025' in Shanghai highlighting Thailand's readiness as a regional investment base. The forum attracted over 600 executives from leading Chinese companies.

The Deputy Prime Minister emphasized Thailand's commitment to future economic growth through investments in digital technology, clean energy, electric vehicles, semiconductors, and automation. The government is introducing the Thailand FastPass mechanism to accelerate key investment projects and supports Thai-Chinese collaboration in technology and sustainable supply chains amid global economic changes.

The BOI Secretary-General noted that leading Chinese companies are likely to establish bases in Thailand, particularly in emerging industries like electric vehicles, digital technology, robotics, and clean energy. The BOI presented investment opportunities in five strategic industries where Chinese investors show significant potential. The forum also included presentations from Chinese investors and experts on legal and compliance requirements for expanding businesses abroad.

Additionally, discussions were held with five target companies in the high-tech, digital, and clean energy sectors:

- High-tech robotics and electric vehicles companies, including Seenpin Electromechanical Transmission, Zhejiang Jinwo Precision Machinery, and Zhejiang XCC Group, plan to establish production bases in Thailand, with an initial investment exceeding 7 billion baht.

- Digital businesses met with Ant International to discuss expanding digital payment systems and investing in data centers and cloud services in Thailand.

- In the clean energy sector, discussions with GCL Group focused on a joint venture to manufacture photovoltaic perovskite solar cells in Thailand, using it as an export base to the global market.

Over the past five years, Chinese investors have applied for investment promotion for 2,459 projects, with a total investment value exceeding 610 billion baht. In the first nine months of 2025, Chinese investment applications increased by 26 percent, amounting to over 140 billion baht compared to the previous year.