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Thailand hits 60-year investment record as Amazon, Google

Thailand hits 60-year investment record with $42 billion in applications, driven by tech giants and Chinese EV makers.

· 4 min read · By MORE Group
Thailand hits 60-year investment record as Amazon, Google

Thailand’s Board of Investment recorded a 60-year high in investment applications, reaching $42 billion. The digital sector has overtaken electronics and automotive as the largest category for foreign investment. Companies like Amazon, Google, BYD, and Great Wall Motor have invested heavily in Thai manufacturing. This shift has made Thailand a key player in the global electronics industry, particularly in high-end manufacturing. The country’s infrastructure and strategic location have made it an attractive destination for global corporations. This trend is expected to continue, with Thailand becoming a major hub for digital infrastructure and high-end manufacturing. Source: The Thaiger

For Phuket investors following these signals, see the Phuket rental yield guide and best areas in Phuket to buy property.

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