FastPass system launches: Invest in Thailand faster!

FastPass system launches: Invest in Thailand faster!

On November 10, 2025, the Board of Investment (BOI), chaired by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas, approved the FastPass system in the first phase. This system is intended to ensure that the approval of important investment projects in Thailand is carried out quickly. Seven authorities will pull together to reduce bureaucratic hurdles and improve cooperation. These agencies include the Ministry of Industry, the Eastern Economic Corridor (EEC) Office and the Immigration Department, among others. The hoped-for time savings for important approvals are between 20 and 50 percent Nation of Thailand reported.

It is expected that the FastPass system will make a significant contribution to promoting the government's “Quick Big Win” policy. This was also evident at the BOI meeting, where important issues such as electricity issues, land procurement, and visa and work permits were discussed together. How Line Today Highlights, 80% of the 74 major projects already approved, totaling over 300 billion baht between 2023 and 2024, are scheduled to begin investment or have clear plans.

Investments and projects

In this context, there are already some interesting investments in the pipeline. 32 of these projects are already starting with investments amounting to 160 billion baht. There are also 28 more planned by the end of 2025 to 2026 with a total of 82.5 billion baht. However, there are also 14 projects that have stalled due to economic and technological changes - with a total volume of 61 billion baht.

Particularly noteworthy are the new conditions for investments in emerging data centers. In order to pass on both technology and knowledge to Thai professionals, at least 50% of managers must come from the Kingdom. The BOI, which also provides tax incentives for these projects, has already given approval for four large data center projects totaling nearly 100 billion baht. These include the particularly exciting projects:

• Telehouse (Bangkok) – 7,55 Milliarden Baht
• Vistus Technology (Chonburi) – 9,09 Milliarden Baht
• NextGen Data Center (Pathum Thani) – 26,72 Milliarden Baht
• Zenit Data Center (Pathum Thani) – 54,85 Milliarden Baht

Bonuses for investors

The BOI is not only responsible for approving projects, but also offers a whole range of incentives to bring foreign investors on board. Companies can receive up to 100% foreign participation and tax exemptions for up to 13 years, depending on the type of project. In addition, there is the exemption from import duties for machinery and raw materials, which are often very attractive, especially for new initiatives. According to AIM Bangkok A distinction is made between tax and non-tax incentives, the latter also including faster visa and work permit procedures.

Thailand is struggling with these measures, particularly by optimizing approval processes, to gain visibility and competitiveness in the global investment landscape. The FastPass system therefore represents a strategic step towards being at the forefront of international comparison. If the speculation proves correct, the implementation of the FastPass system could actually revolutionize the investment landscape in Thailand.