First Half of 2025 Sees 139% Growth in Foreign Direct Investment Into Thailand , reaching USD 32.5 billion
- leowatanabe5
- 5 days ago
- 2 min read
The Thai Board of Investment (BOI) serves as the main gateway for foreign investors seeking tax and non-tax incentives to establish and expand their operations in Thailand. Companies and projects that successfully passed a BOI application can access corporate income tax holidays, import duty exemptions, full foreign ownership, and many more perks, which is the reason that it continues to attract a growing number of strategic investments. The BOI scheme is a strong tool in Thailand´s continued economic diversification and technological advancement.
According to a press release from the Thai Board of Investment, in the first half of 2025, BOI applications significantly increased to a record THB 1.06 trillion (equivalent to USD 32.5 billion). This represents a 139% year-on-year increase. This surge is driven predominantly by investments in the digital sector. Data centers accounted for THB 521.2 billion from 28 projects as global multinational companies such as Amazon Web Services and Google increased their regional capacity. The electrical and electronics (E&E) sector followed with THB 125.8 billion in filings which includes battery cell, supercapacitor, and smart electronics. The automotive and parts saw THB 45.2 billion in commitment, representing a 14% increase.
Key Sectors – Investment Value in the First Half of 2025
Digital sector: 522.6 billion baht
Electrical & electronic appliances (E&E): 125.79 billion baht
Automotive & parts: 45.2 billion baht
Agriculture & food processing: 30.79 billion baht
Petrochemicals & chemicals: 26.73 billion baht
Renewable energy: 42.24 billion baht
Infrastructure: 109.2 billion baht
Top FDI Source Countries – Investment Value in the First Half of 2025
Singapore: 246.98 billion baht (33% of total FDI) – mainly digital & E&E sectors
Hong Kong: 218.64 billion baht (30% of total FDI) – mainly digital & E&E sectors
China: 102.26 billion baht (14% of total FDI) – mainly E&E & petrochemicals/chemicals
United Kingdom: 93.73 billion baht – mainly digital & automotive parts
Japan: 49.82 billion baht – mainly automotive & E&E sectors
At BizWings Thailand, we have dedicated experts to help foreign SMEs apply for BOI projects and capitalize on the incentives available. We have a proven track record of over 30 successful BOI incentive applications conducted recently. We can conduct feasibility assessments, prepare and submit promotion applications, and manage all the post-approval compliance requirements. Our accountants are also trained to manage BOI project accounting for compliance with the tax incentives.
