Thailand Approves $1.99 Billion in New Investment, Led by AI and Advanced Electronics

Thailand has approved nine major investment projects worth a combined USD 1.99 billion (66.3 billion baht) in high-value sectors, including artificial intelligence (AI), advanced electronics, aviation, clean energy, and food as global manufacturers reposition their supply chains across Southeast Asia.

The approvals, cleared during a meeting of the Thailand Board of Investment (BOI) chaired by Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, highlight the country’s appeal to multinational corporations seeking reliable production hubs.