Key Takeaways
- BoI and SET partner to boost stock market listings and investment
- Investment applications surged 94% to 1.37 trillion baht in first nine months
- Focus on smart electronics, EVs, and digital technologies as priority sectors
Thailand’s Board of Investment (BoI) is accelerating its push toward a “smart and sustainable economy” through a strategic partnership with the Stock Exchange of Thailand (SET). The collaboration aims to provide integrated incentives and capital market access for companies seeking to list on the Thai bourse.
Strategic Partnership for Economic Growth
BoI secretary-general Narit Therdsteerasukdi announced the agencies are combining tax benefits, non-tax incentives, and financial support to create a comprehensive business ecosystem. “The goal is to make Thailand a regional business hub and gateway for trade and investment in Asia,” he stated.
SET president Asadej Kongsiri emphasized the bourse’s role as a funding platform for sustainable growth. “The best way to get through these challenging times is to keep growing the economy,” he told a joint event.
Focus on High-Tech Industries
The initiative initially targets three sectors attracting significant foreign investment: , electric vehicles, and digital technologies. Companies like Delta Electronics and Cal-Comp Electronics demonstrate how BoI-promoted firms can leverage capital markets for global expansion.
Mr Narit revealed impressive growth metrics: “The BoI’s investment applications in the first nine months totalled 1.37 trillion baht, a 94% increase year-on-year, with project numbers up 23%.” This surge reflects renewed investor confidence and Thailand’s positioning as a key regional hub.
Building Long-Term Competitiveness
“We believe the combined strengths of BoI and SET will enhance Thai enterprise competitiveness,” said Mr Narit. The partnership focuses on creating new economic engines while strengthening existing sectors through structural transformation.
Mr Asadej noted the collaboration makes capital markets more inclusive by connecting investment promotion with fundraising. “This partnership provides growth pathways for new companies and offers investors exposure to high-potential industries,” he concluded.
