Thai foreign investment outlook positive amid political shift

The Industrial Estate Authority of Thailand (IEAT) and prominent business leaders expressed optimism about foreign investment in the country this year, despite delays due to the formation of a new government. IEAT Governor Veeris Ammarapala stated that foreign investors are expected to understand the evolving political landscape in Thailand, including the transition towards a Move Forward Party-led coalition government.

At a recent industry forum, Ammarapala said…

“Investors believe investment policies in Thailand will not change.”

Investors are eager for the new government to be established promptly, as it is crucial for maintaining business confidence. The IEAT anticipates an increase in investment in Thailand in the second half of the year, partially driven by foreign investors seeking to invest in the Association of Southeast Asian Nations (ASEAN) to…