March 18, 2025 | 11:46 (GMT+7)
“Ignite Thailand” vision unveiled to boost investment
Prime Minister Paetongtarn Shinawatra has outlined Thailand’s economic vision under the theme "Ignite Thailand: Invest in Endless Opportunity", reaffirming the country’s commitment to attracting investment despite global economic uncertainty.
The premier highlighted plans to strengthen investor confidence by ensuring policy continuity, supporting long-term economic growth, and creating an environment conducive to new investments.
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Thai Prime Minister Paetongtarn Shinawatra (Source: thailand.prd.go.th) |
The Thai Government has identified key sectors for development, including infrastructure, advanced technology, and human capital. Major projects such as high-speed rail, dual-track railway expansion, and the Land Bridge Project are expected to enhance Thailand’s logistics network. Investments in digital industries, electric vehicle production, and semiconductor manufacturing will position the country as a hub for emerging technologies, while workforce development efforts will equip Thai workers with skills for future industries.
Thailand recorded its highest level of investment promotion applications in a decade, with total requests reaching 1.13 trillion THB (33.6 billion USD) in 2024. The PM attributed this to long-term economic planning and proactive investment strategies, which have reinforced the country’s role as a preferred manufacturing and business destination.
Paetongtarn called for greater collaboration between the Government, private sector, and citizens to create a thriving economic environment. She revealed that the Government is now working to strengthen Thailand’s position as a strategic link between global investors and major economies, ensuring sustained growth and competitiveness.
Source: VNA