BOI Fast Pass Unlocks Over 480 Billion Baht Investment

Khaosod•Economy•8h ago

Reader Briefing

Thailand's BOI Fast Pass initiative aims to accelerate the release of over 480 billion baht in approved private investment to boost economic growth.

•Deputy Prime Minister and Finance Minister Akaniti Nitithanprapas is leading the BOI Fast Pass initiative.
•The program aims to unlock 80 approved private investment projects valued at over 480 billion baht.
•The goal is to inject these funds into the economy quickly to sustain economic expansion.
•This initiative follows the announcement of Thailand's GDP growth of 2.4% in 2025.

Overview

•Deputy Prime Minister and Finance Minister Akaniti Nitithanprapas announced the BOI Fast Pass initiative.
•The initiative was introduced following the Thai economy (GDP) announcement for 2025, which grew by 2.4%.
•The BOI Fast Pass aims to ensure continued economic expansion.
•The initiative focuses on unlocking private sector investment projects approved by the Board of Investment (BOI).
•Over 80 approved investment projects, valued at more than 480,000 million baht, are being processed.
•The objective is to get these investments into the system quickly and effectively.
•The initiative aims to unlock investment, especially in new target industries such as smart electronics and digital.
•Accelerating budget disbursement by government agencies and state-owned enterprises is crucial for sustained economic stimulus.

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Key Quotes

Akaniti Nitithanprapas

"What can be done is to unlock private sector investment approved by the Board of Investment (BOI) but facing operational obstacles, totaling over 480,000 million baht, accounting for approximately 80 projects, requiring these funds to enter the system as quickly as possible."

สิ่งที่ทำได้ คือ การปลดล็อกการลงทุนภาคเอกชน ที่ได้รับอนุมัติจากคณะกรรมการส่งเสริมการลงทุน (BOI) แต่ยังติดขัดในขั้นตอนการดำเนินการ ซึ่งมีมูลค่ารวมกว่า 480,000 ล้านบาท คิดเป็นประมาณ 80 โครงการ ซึ่งต้องให้เม็ดเงินเหล่านี้เข้าสู่ระบบจริงโดยเร็วที่สุด

Key Entities

Person

Akaniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance who is promoting the BOI Fast Pass.

Organization

Board of Investment(BOI)ℹ️

The organization responsible for approving private sector investment projects that the BOI Fast Pass aims to unlock.

Cabinet(คณะรัฐมนตรี (ครม.))ℹ️

The governmental body whose meeting was addressed by Deputy Prime Minister Akaniti Nitithanprapas.

Office of the National Economic and Social Development Council (NESDC)(สำนักงานสภาพัฒนาการเศรษฐกิจและสังคมแห่งชาติ (สศช.))ℹ️

The agency that announced the Thai GDP growth figures for 2025.

Policy

BOI Fast Pass

A government initiative designed to accelerate the release of approved private investment.