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Ekniti Promotes Thailand as Trusted Connector, BOI Requests Surge

Ekniti Promotes Thailand as Trusted Connector, BOI Requests Surge

Khaosod•Economy•25m ago

Reader Briefing

Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas positions Thailand as a Trusted Connector amid a surge in investment requests.

  • •Investment requests to the Board of Investment (BOI) reached approximately 1.47 trillion baht in the first half of 2026.
  • •Private sector investment in the second quarter expanded by nearly 15%, the highest rate in over a decade.
  • •The government's economic policy framework consists of three phases: Stabilise Today, Transition Now, and Invest for Tomorrow.

Overview

  • •Ekniti Nitithanprapas presented a vision to establish Thailand as a 'Trusted Connector' for companies linking production and markets across regions during the Thailand Focus 2026: Reignite Thailand event.
  • •Investment requests to the Board of Investment (BOI) in the first half of 2026 totaled approximately 1.47 trillion baht, a 37% increase.
  • •Actual investment in promoted projects exceeded 500 billion baht, increasing by nearly 30%.
  • •The government implements a three-phase economic policy: 'Stabilise Today. Transition Now. Invest for Tomorrow.'
  • •The government utilizes Thailand FastPass to accelerate foreign investment and the Joint Public and Private Sector Steering Committee (JPPSC) to stimulate Thai business investment.
  • •Since the implementation of Thailand FastPass, actual investment has expanded in double digits for two consecutive quarters.
  • •Ekniti Nitithanprapas emphasized that success should be measured by the benefits provided to the country and the quality of investment rather than just the amount of money.
  • •Thailand will present the concept 'Thailand’s New Horizons: Empowering People, Building Resilience' at the IMF–World Bank Annual Meetings at the end of this year.

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Key Quotes

Ekniti Nitithanprapas
"Comparing economic development to a football team, businesses in future industries act as 'forwards', the Joint Public and Private Sector Steering Committee (JPPSC) and the government act as 'midfielders' solving problems and pushing investment, while macroeconomic stability and fiscal discipline are 'defenders' ensuring stable growth."
เปรียบการพัฒนาเศรษฐกิจเสมือนทีมฟุตบอล โดยภาคธุรกิจในอุตสาหกรรมแห่งอนาคตทำหน้าที่เป็น ‘กองหน้า’, กรอ. และภาครัฐทำหน้าที่เป็น ‘กองกลาง’ ช่วยแก้ปัญหาและผลักดันการลงทุน ขณะที่เสถียรภาพเศรษฐกิจมหภาคและวินัยการคลังคือ ‘กองหลัง’ ที่สร้างความมั่นใจให้เศรษฐกิจเติบโตได้อย่างมั่นคง

Key Entities

Person

Ekniti Nitithanprapas(เอกนิติ นิติทัณฑ์ประภาศ)ℹ️
Deputy Prime Minister and Minister of Finance who presented the Trusted Connector vision.

Organization

Board of Investment (BOI)(คณะกรรมการส่งเสริมการลงทุน (บีโอไอ))
The organization receiving investment promotion requests.
Joint Public and Private Sector Steering Committee (JPPSC)(คณะกรรมการร่วมภาครัฐและเอกชนเพื่อแก้ไขปัญหาทางเศรษฐกิจ (กรอ.))
The mechanism used by the government to stimulate Thai business investment.

Policy

Thailand FastPass
A government initiative to accelerate foreign investment.
Skill Bridge
A demand-driven training program to create new skills for Thai people based on industrial needs.
TISA
A tool for capital market development mentioned by Ekniti Nitithanprapas.
BOI-to-IPO
A mechanism for capital market development linking BOI promotion to initial public offerings.
JUMP+ℹ️
A capital market development initiative mentioned by Ekniti Nitithanprapas.