Chinese and regional investors are backing Thailand’s push to become a high-end production and data hub for Southeast Asia. The country’s Board of Investment said investors filed about $42.6 billion worth of new projects this year to build EV battery plants, semiconductor production and large data infrastructure in Thailand.
Narit Therdsteerasukdi, secretary-general of the Board of Investment (BOI) said Thailand received 2,622 investment promotion applications between January and September 2025, up 23% from a year earlier, with a combined investment value of $42.6 billion, an increase of 94%.