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BOI Fast Pass to Unlock 480 Billion Baht Investment

BOI Fast Pass to Unlock 480 Billion Baht Investment

Prachachat•Economy•12h ago

Reader Briefing

Thailand aims to stimulate economic growth by using the BOI Fast Pass to accelerate 480 billion baht in approved, but stalled, private investments.

  • •Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas announced measures to boost the Thai economy.
  • •The BOI Fast Pass will be used to unlock 480 billion baht in private investments currently facing procedural delays.
  • •These investments are primarily aimed at new target industries such as smart electronics and digital sectors.
  • •The move follows a 2.4% GDP growth announcement for the year 2025 (2025).

Overview

  • •Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas announced economic stimulus measures following the NESDC's GDP announcement.
  • •Thailand's GDP grew by 2.4% in the year 2025 (2025).
  • •To ensure continuous economic expansion, the government plans to utilize the BOI Fast Pass mechanism.
  • •The BOI Fast Pass will be used to unlock private sector investments pending BOI approval that are encountering procedural obstacles.
  • •The value of these delayed private investments amounts to over 480,000 million baht across approximately 80 projects.
  • •The objective is to facilitate the entry of these investments into the system quickly, particularly in new target industries like smart electronics and digital.
  • •Accelerating budget disbursement by government agencies and state enterprise investment spending is considered crucial for sustained economic stimulation.

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Source: Prachachat (Original)

Key Quotes

Ekniti Nitithanprapas
"Following the NESDC's announcement that Thailand's GDP in 2025 grew by 2.4%, to ensure continuous economic expansion,"
ภายหลังจากที่สำนักงานสภาพัฒนาการเศรษฐกิจและสังคมแห่งชาติ (สศช.) ประกาศตัวเลขเศรษฐกิจไทย (จีดีพี) ปี 2025 ขยายตัวได้ 2.4% นั้น เพื่อให้เศรษฐกิจขยายตัวได้ต่อเนื่อง
Ekniti Nitithanprapas
"What can be done is to unlock private sector investments approved by the BOI that are facing procedural bottlenecks, valued at over 480 billion baht."
สิ่งที่ทำได้ คือ การปลดล็อกการลงทุนภาคเอกชนที่ได้รับอนุมัติจากคณะกรรมการส่งเสริมการลงทุน (BOI) แต่ยังติดขัดในขั้นตอนการดำเนินการ ซึ่งมีมูลค่ารวมกว่า 480,000 ล้านบาท

Key Entities

Person

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)
Deputy Prime Minister and Minister of Finance of Thailand who announced economic stimulus measures.

Policy

BOI Fast Pass
A policy mechanism to unlock private sector investments facing procedural bottlenecks.

Organization

National Economic and Social Development Council (NESDC)(สำนักงานสภาพัฒนาการเศรษฐกิจและสังคมแห่งชาติ (สศช.))ℹ️
Organization that announced Thailand's GDP growth figures.
Board of Investment (BOI)(คณะกรรมการส่งเสริมการลงทุน (BOI))ℹ️
The committee responsible for approving investments in Thailand, whose pending projects are targeted by the Fast Pass.

Industry

Smart Electronics and Digital(สมาร์ทอิเล็กทรอนิกส์และดิจิทัล)
Target industries for new investments being prioritized under the BOI Fast Pass initiative.