Thailand Board of Investment North America

Prime Minister Paetongtarn’s U.S. visit in Los Angeles aims to strengthen diplomatic ties, promote Thailand’s interests, and explore investment opportunities, especially in the film industry, while engaging with the Thai community. https://bit.ly/3VlT17h

The project will focus on public education and plans to build small plants with capacities under 300 MW. It will use advanced SMR ( Small Modular Reactor) technology, which is characterized by a high level of safety and a limited radius of less than one kilometer. The Federation of Thai Industries (FTI) states that electricity costs could fall significantly from 4 baht to just 2 baht per unit. https://bit.ly/4i02tH4

Thailand's Board of Investment (BOI) said it had approved US$2 billion worth of new investments in data centres and electronics manufacturing. The approvals include a 32.8-billion-baht ($968.12 million) investment by a subsidiary of Alphabet Inc to establish a hyperscale data centre. https://bit.ly/4fGCxOs

Thailand is poised to attract more investment in electric vehicles, smart electronics, home appliances and high-tech industries next year, with manufacturers relocating to avoid US tariffs, according to Amata Corporation. https://bit.ly/3Z2I4tp

The Electricity Generating Authority of Thailand (Egat) wants to accelerate the development of 15 planned floating solar farm projects with a total capacity of 2,656 megawatts on the reservoirs of its six hydroelectric dams under the new national power development plan (PDP) of 2024. https://bit.ly/3Z3DlaF

US-based cloud service provider Equinix has announced it is investing US$500 million in data centre development in Thailand over 10 years to serve growing demand from customers in CLMVT, says the Board of Investment (BOI). https://bit.ly/4fmr9b4

Narit said the appointment of the new EV board showed the government’s commitment to implement the 30@30 policy, that is, the policy to have 30% of all electric vehicles made in the country by 2030. https://bit.ly/4eddEZT

Ambassador Ping Kitnikone meets Thailand’s commerce minister to discuss stronger trade ties, investment opportunities and free-trade pact in the region. https://bit.ly/40B5Cqq

The Board of Investment (BOI) has approved investment support for two large data centre projects in Thailand worth over 60 billion baht on Friday. https://bit.ly/48EKqla

The Electricity Generating Authority of Thailand (EGAT) has announced its commitment to bolstering the country’s electric vehicle (EV) infrastructure with its comprehensive EV charging solutions. The initiative aims to empower entrepreneurs nationwide to install EV chargers, supplementing their existing businesses and promoting wider EV adoption. https://bit.ly/48mRHWX