BANGKOK, Thailand – Deputy Prime Minister and Finance Minister Pichai Chunhavachira, on January 27, expressed confidence that Thailand’s economy will grow by more than 3% this year, supported by a steady influx of large-scale investment projects in the latter half of 2025. These projects stem from continued applications for investment promotion through the Board of Investment (BOI).
Pichai also highlighted the significance of Prime Minister Ms. Paetongtarn Shinawatra’s international roadshows, which aim to engage foreign investors and address obstacles to investment in Thailand. “This effort reassures investors that the government is actively removing barriers to investment, enhancing confidence,” he said.
He noted that within ASEAN, investors typically consider only a few countries for their ventures. If Thailand can consistently instill confidence in investors, it is likely to attract even greater foreign investment this year. The government’s focus on boosting investment aligns with its strategy to create jobs and drive economic growth.
When asked about the nature of the large-scale projects coming into Thailand, Pichai explained that the investments are expected to materialize gradually. However, announcements from major corporations regarding their investments in Thailand will sustain and build confidence over time.
