Singapore followed with 83 businesses and investment of THB37.87 billion. Projects included wood-veneer production, data centres and electronic-data connections between businesses and government agencies through the Thailand National Single Window.
Singaporean investors were also involved in contract manufacturing of animal feed, formed metal components and parts for fibre-optic telecommunications systems.
Hong Kong ranked fifth, with 59 approved businesses and investment worth THB13.09 billion.
Activities ranged from engineering and technical services to the installation and testing of wind-power systems, software development and the manufacture of automated machinery, optical lenses, spectacles and dental products.
BOI projects account for almost half of approvals
Investment promoted under the Board of Investment framework accounted for 307 of the 640 approved businesses, or 48% of the total, with combined capital of THB127.88 billion.
The figures reflected the government’s efforts to draw investment into future-oriented industries, including advanced technology, the digital economy, AI, electric vehicles, clean energy and agricultural and food innovation.
The largest category covered contract-manufacturing services for products such as aircraft engine cases, automated machinery and plastic parts used in electronics and electrical appliances. These activities are intended to support the shift towards higher-value manufacturing and more technologically advanced production.
The second major group comprised high-value services, including trade and investment support offices, international business centres and international procurement offices for raw materials, parts and components.
Such operations are seen as important to Thailand’s ambition to strengthen its position as a regional trade and investment centre.
Computer-related businesses formed the third-largest category. They included data centres, software development and platform services aligned with Thailand’s digital-economy and AI-services goals.
EEC draws nearly THB84 billion
The Eastern Economic Corridor remained a major destination for foreign capital, attracting 199 approved businesses during the six-month period.
The number represented 31% of all approved foreign businesses nationwide and was 41 higher than a year earlier, an increase of 26%.
Investment in the EEC reached THB83.78 billion, accounting for 45% of all approved foreign investment in Thailand during the period.
China was the leading source of EEC investment by business numbers, with 69 companies investing THB28.98 billion.
Japan followed with 28 businesses and THB22.39 billion, while Singapore contributed 22 businesses and THB10.10 billion. Another 80 businesses from other economies invested a combined THB22.31 billion.
Projects in the corridor included maintenance of aircraft nacelles and related components for military aircraft, EV-related engineering consultancy, warehousing, mould production, industrial metal forming and recycled-paper products.
June approvals reach THB34 billion
In June alone, 112 foreign businesses were approved to operate in Thailand, comprising 30 foreign business licences and 82 foreign business certificates.
Their combined investment reached THB34.06 billion, with China, the United States and Japan supplying the largest numbers of investors during the month.
Businesses operating under foreign business licences created 481 jobs for Thai workers and transferred specialised knowledge in areas including the use of AI for brand development and the repair of medical equipment.
The approved June activities included petroleum-well drilling in concession areas in the Gulf of Thailand, wholesale distribution of three-dimensional printers and automotive and air-conditioner compressor components, and energy-management services involving hotel chilled-water systems.
Other projects covered contract manufacturing of robots, dental products and recycled-paper packaging.