Thailand's Prime Minister presents new investment strategy in Singapore

Thailand's Prime Minister presents new investment strategy in Singapore

What is the state of Thailand's economy and its development? The “SET Government Roadshow 2025”, which took place in Singapore on November 7th, offers a clear look at this. Organized by the Stock Exchange of Thailand, Kiatnakin Phatra Securities and Bank of America Securities, the event brought together Thailand's Prime Minister Anutin Charnvirakul and his ministerial colleagues to share the country's opportunities and potential. The event attracted over 120 institutional investors and leading companies interested in Thailand's economic environment.

A key element of the event was the Prime Minister’s speech entitled “Confidence in Thailand’s Path Forward”. Here he emphasized the political and economic stability that Thailand offers. The “Quick Big Win” economic policy concepts presented by Deputy Prime Minister Aekniti Nitithanprapas and the five pillars, which are intended to provide the direction for future investments, were particularly important.

Economic strategies and investment potential

The connection between the roadshow and Thailand's current economic strategy is clear: the country has developed a new strategy for 2024 and 2025 to attract international investors. The aim is to position Thailand as an attractive location. To this end, a focus is placed on future technologies such as digitalization and sustainable development. With stable growth rates despite global challenges, Thailand aims to further expand its exports, tourism sector and domestic demand.

The government plans to further promote the tourism sector and increase revenue. The shortage of skilled workers remains a particular challenge, but there are great opportunities in the areas of digitalization, renewable energies and biotechnology. The government has also created incentives for foreign investment, including tax benefits and simplified approval procedures.

A clear course for the investment environment

To position Thailand as a regional investment and financing hub, the Stock Exchange of Thailand introduced the JUMP+ project, which aims to promote listed companies. In this context, three major Thai companies, PTT, Minor International and Thai Airways, are also actively involved in the roadshow. This cooperation demonstrates the desire to gain the trust of investors and strengthen Thailand's attractiveness in the Asia-Pacific region.

The word “set” applies in many ways to Thailand's current efforts to ensure the country remains attractive to investors. It means not only placing something with care, but also defining rules and requirements that ensure long-term peace in the investment landscape.

With a clear direction and a strategy that promotes both sustainable development and technological innovation, Thailand could be considered a pioneer in the ASEAN region in the near future. Investors should definitely not miss out on the offers and opportunities that the country offers. The participation of the Thai ministers in the roadshow clearly shows a commitment and desire to set the course for the economic future with a good hand.

Exciting prospects could open up for German companies in Thailand, particularly in the areas of the automotive industry, mechanical engineering and renewable energies. A visit to Thailand could really be worthwhile for investors - at a time when local markets in the region are more positive than ever.