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Thailand Approves $1.99 Billion in New Investment, Led by AI and Advanced Electronics

Asia Pacific

Thailand Approves $1.99 Billion in New Investment,  Led by AI and Advanced Electronics
Asia Pacific

Asia Pacific

Thailand Approves $1.99 Billion in New Investment, Led by AI and Advanced Electronics

2026-07-08 19:00 Last Updated At:19:02

BANGKOK, THAILAND - Media OutReach Newswire - 8 July 2026 - Thailand has approved nine major investment projects worth a combined USD 1.99 billion (66.3 billion baht) in high-value sectors, including artificial intelligence (AI), advanced electronics, aviation, clean energy, and food as global manufacturers reposition their supply chains across Southeast Asia.

Thailand Board of Investment Meeting

Thailand Board of Investment Meeting

The approvals, cleared during a meeting of the Thailand Board of Investment (BOI) chaired by Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, highlight the country's appeal to multinational corporations seeking reliable production hubs.

"These investments by leading multinationals signal strong global confidence in our industrial capacity," said Mr. Narit Therdsteerasukdi, Secretary General of the BOI. "By locating key parts of the AI and advanced electronics value chain here, we are connecting our economy directly to the core of next-generation global technology."

To sustain this influx of high-tech investment, the BOI has restructured and expanded the mandate of its specialized energy panel into the "Subcommittee on Energy Management for Data Center Investment and Project Screening." Chaired by the Minister of Energy, this body will serve as a one-stop regulatory filter to evaluate data center proposals on resource consumption, environmental impact, and clean energy sourcing before investors can apply for tax incentives, thereby providing policy transparency for international operators.

The largest share of the approvals covers Thailand's advanced electronics and digital sector, led by companies from East Asia's technology supply chains. In the AI infrastructure sector, Datasection (Thailand) Co., Ltd., a subsidiary of Japan's Datasection Inc., will invest USD 235.2 million (7.8 billion baht) to establish high-performance GPU server infrastructure for data hosting in Bangkok and Pathum Thani. This specialized hardware will directly power advanced AI applications and digital businesses in the region.

Doosan Electro-Materials (Thailand) Co., Ltd., a unit of South Korean conglomerate Doosan Corp. and a global leader in non-flow prepregs, will also invest USD 180.2 million (6 billion baht) in Samut Prakan to manufacture copper-clad laminate (CCL) and prepreg, which serve as critical inputs for printed circuit boards (PCBs).

Similarly, Taiwan Union Technology (Thailand) Co., Ltd. is set to invest USD 189.2 million (6.3 billion baht) in Chonburi to manufacture CCL and prepreg designed specifically for high-demand AI servers and data centers. Fulltech Fiber Glass (Thailand) Co., Ltd. will invest USD 99.4 million (3.3 billion baht) to produce specialized glass fiber fabric, a raw material for PCB manufacturing, in Chachoengsao.

Beyond technology, multinational brands and critical infrastructure providers committed major investments to serve regional demand. In the consumer goods sector, Switzerland's Nestlé (Thai) Co., Ltd. is committing USD 688.7 million (22.9 billion baht) to expand its Samut Prakan production facilities for instant, mixed, and ready-to-drink coffee, targeting both domestic and regional Southeast Asian markets.

National carrier Thai Airways International PCL secured approvals for two expansion projects totaling USD 430.2 million (14.3 billion baht) to lease eight passenger aircraft for its international flight networks.

For the infrastructure sector, Lomrak Green Energy Co., Ltd. will invest USD 168.7 million (5.6 billion baht) across two wind power projects in Lopburi province. The facilities will deliver a combined capacity of 120 megawatts to Thailand's electrical grid, supporting the clean energy needs of high-demand industrial users.

To accommodate hyper-scale projects, the government has fast-tracked a seven-point energy action plan. This includes establishing a dedicated utility tariff rate for data centers, aligning data centers' green energy targets with the Power Development Plan, facilitating clean power trading via Direct PPAs, introducing electricity usage guarantee rules, exploring direct high-voltage transmission for major operators, accelerating grid investment, and mapping water and power availability to guide site selections.

"We are building the infrastructure needed for the next wave of future-industry investment," said Mr. Narit. "The government is aligning resource management with its green transition goals to ensure long-term operational security and give global investors confidence."

Note: Currency conversions are based on the Bank of Thailand's average selling rate of approximately 1 USD = 33.30 THB.

Hashtag: #Thailandboardofinvestment #BOI #FDI #Investment

The issuer is solely responsible for the content of this announcement.

Thailand Board of Investment (BOI)

Established in 1966, the Office of the Board of Investment (BOI) has continuously played an essential role for over 60 years in promoting value-adding investment for the country, from both foreign and Thai investors, to enhance national competitiveness and drive towards a new era of sustainable and balanced growth.

Investment Services Center — PR Section, The Office of the Board of Investment (BOI)

555 Vibhavadi-Rangsit Road, Chatuchak Bangkok 10900 Tel. +66 (0) 2553 8111, Fax: +66 (0) 2553 8222

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 8 July 2026 - Technology brand CUKTECH successfully hosted its first "Charge & Connect" event at The VIBES Events & Dining, officially introducing its next-generation charging ecosystem to the Vietnamese market. The event brought together company representatives, media professionals, technology reviewers, and industry partners, marking an important milestone in CUKTECH's expansion strategy in Vietnam.

CUKTECH Hosts Its First "Charge & Connect" Event, Officially Strengthening Its Presence In Vietnam’s Technology Market

CUKTECH Hosts Its First "Charge & Connect" Event, Officially Strengthening Its Presence In Vietnam’s Technology Market

A Vision Built on Innovation

The event opened with a keynote by Eric Wang, Chief Marketing Officer (CMO) of CUKTECH, who shared the brand's global vision and product roadmap for Southeast Asia, with Vietnam identified as one of its key strategic markets.

Eric Wang highlighted CUKTECH's continuous investment in research and development (R&D) to solve the everyday challenges faced by modern consumers, including slow charging speeds, limited product innovation, and the increasing need for reliable, high-performance charging solutions that support multiple devices simultaneously. By combining advanced charging technologies with user-focused design, CUKTECH aims to deliver a faster, safer, and more intelligent charging experience.

Real-World Experience from Technology Reviewer Hung Khuc

One of the event's highlights was a sharing session by Hung Khuc, one of Vietnam's leading technology reviewers, who discussed his hands-on experience using CUKTECH products in his daily work.

"As a content creator who frequently shoots outdoors, I need charging devices that are both powerful and reliable. What impressed me most about CUKTECH's power banks and chargers is their real-world performance. They can simultaneously fast charge my MacBook Pro, smartphone, and camera at full speed without power drops or interruptions."

To promote transparency and foster closer engagement with the local technology community, the event concluded with an extensive media Q&A session. Eric Wang, together with CUKTECH's product research and quality management teams, addressed questions on product localization, international safety standards, the brand's one-for-one warranty policy, and future product development plans.

More than a product launch, Charge & Connect represents CUKTECH's official step toward establishing a lasting presence in Vietnam. By combining cutting-edge charging technology, award-winning design, and a strong focus on user experience, CUKTECH is committed to delivering premium charging solutions that meet the evolving needs of modern consumers.

As the brand continues to expand its product ecosystem, CUKTECH aims to become a trusted technology partner for Vietnamese users while helping shape the future of premium charging accessories in the market.

Hashtag: #CUKTECH

The issuer is solely responsible for the content of this announcement.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

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