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Bangkok Post
Bangkok Post
Business

Thailand BOI approves new 5-Year Investment Promotion Strategy focused on innovative,

The Thailand Board of Investment (BOI) at a board meeting held in the 2nd week of October approved the framework of its new Investment Promotion Strategy for the next five years, which will focus on entering the new economy era by encouraging technological advancement, the transition to green and smart Industries, talent development, as well as creativity and innovation, to strengthen the country’s status as a regional hub for business, trade and logistics.

The new investment promotion strategy (2023-2027) sets out to promote investment to restructure the country’s economy around three core concepts, namely, 1) innovation, technology and creativity, 2) competitiveness and the ability to adapt quickly, and 3) inclusiveness, taking into account environmental and social sustainability.

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