In this post-Covid era, Foreign Direct Investment (FDI) into Thailand has been on the rise, with FDI inflows and applications for investment promotions increasing 36% from the previous year (approximately $13 billion). Accordingly, Thailand’s gross domestic product (GDP) is expected to increase from 2.6% in 2022, to a projected high of 3.7% in 2023.
According to the Thai Government, the top sources of foreign investment into Thailand last year were from Japan, Singapore, US, Taiwan, HK and China. The Board of Investment recorded that the electronics, EV and automobile, and digital sectors had the highest growth rates in 2022.
There are many factors that make Thailand an attractive place for foreign investment, including its geographical location in South East…
