Post by : Shakul

Board of Investment has approved six large-scale investment projects worth more than 950 billion baht, marking one of the country’s biggest recent investment announcements. The decision was made during a Board of Investment meeting chaired by Deputy Prime Minister and Finance Minister Mr. Ekniti Nitithanprapas on May 6, 2026. Officials said the projects are expected to strengthen Thailand’s position as a major digital, industrial and clean energy hub in Southeast Asia.

One of the largest approved investments came from TikTok through TikTok Systems Thailand Co., Ltd. The company will invest more than 842 billion baht to expand its data hosting and server infrastructure across Bangkok, Samut Prakan and Chachoengsao. The expansion is designed to transform Thailand into a strategic regional centre for storing and processing digital user data as demand for online services continues to grow rapidly across Asia.

According to the Board of Investment, TikTok’s project will also include digital literacy and e-commerce training programmes aimed at supporting Thai entrepreneurs and improving the country’s digital workforce capabilities. Officials described the investment as an important step in helping Thailand compete with other major technology centres in the region. The project is expected to create economic opportunities and attract additional international technology companies.

Apart from TikTok, two additional major data centre projects also received approval. Skyline Data Center and Cloud Services Co., Ltd., a subsidiary of the UAE-based DAMAC Group, will invest nearly 47 billion baht in a large-scale facility in Chachoengsao province. Meanwhile, Bridge Data Center IIO Thailand Co., Ltd. will invest more than 24 billion baht in Chonburi province to develop another major data storage and processing centre.

The Board of Investment also approved several industrial and energy-related projects. Pure Cycle Thailand Co., Ltd. received approval for an 8.1 billion baht recycled plastic pellet production facility in Rayong province. The company holds exclusive rights connected to global consumer goods giant Procter & Gamble and plans to use Thailand as its main production base for the Asian market.

In the renewable energy sector, Dan Khun Thod Wind One Co., Ltd. secured approval for a wind power project in Nakhon Ratchasima province with an investment value of over 4.7 billion baht. The project will generate nearly 90 megawatts of electricity and forms part of Thailand’s broader effort to increase clean energy production. Another major approval involved ASEAN Potash Chaiyaphum Public Company Limited, which will invest over 31 billion baht in potassium chloride production for fertiliser manufacturing.

During the same meeting, the Board of Investment also expanded the Thailand FastPass system by approving nine additional investment projects valued at more than 52 billion baht. The FastPass programme was introduced to speed up investment approvals and simplify regulatory procedures for key strategic projects. Authorities said the system will help reduce delays and improve Thailand’s attractiveness for international investors.

The meeting further focused on improving Thailand’s electricity infrastructure and clean energy capabilities. Officials from the Ministry of Energy and the Energy Regulatory Commission discussed urgent measures to increase electricity supply, especially in the Eastern region where growing industrial activity has placed pressure on existing transmission systems. Authorities also discussed promoting renewable energy through direct power purchase agreements and expanding clean energy options for private companies.

Board of Investment Secretary-General Narut Teodsathirasak said continued investments in digital industries and advanced technologies show strong international confidence in Thailand’s economic potential despite ongoing global uncertainty. He explained that the government is working closely with partner agencies to improve infrastructure, strengthen supply chains, develop skilled workers and accelerate investment approvals. Officials believe these projects will play a major role in positioning Thailand as a leading technology and innovation hub in Southeast Asia over the coming years.

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