The investment and funding landscape in Thailand is experiencing significant growth in 2024. Notably, applications for investment promotion surged by 64% in the first half of the year, with the total investment value reaching 339.7 billion baht. Key sectors attracting investments include electrical appliances and electronics, automotive and parts, agriculture and food processing, and digital sectors. Foreign direct investment (FDI) has also seen a substantial increase, with Singapore, China, Hong Kong, Japan, and Taiwan being the top contributors.
In addition to sector-specific growth, the private fund industry in Thailand is expected to continue its upward trend. In 2023, assets under management (AUM) in private funds grew by 10.6%, reaching 2.17 trillion baht. This growth is driven by a surge in demand for wealth management and foreign investments. Prominent asset management companies such as SCB Asset Management, AIA Investment Management, and Krungthai Asset Management have reported significant increases in their AUM.
Overall, Thailand’s investment environment is characterized by robust growth in both public and private sectors, underpinned by strategic sector focus and increased FDI inflows.
