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BoI sees 139% rise in applications in first half
Bangkok Post
|July 25, 2025
Applications for investment promotion incentives in the first half of 2025 increased by 139% year-on-year to a record 1.06 trillion baht, led by investment in the digital sector, says the Board of Investment (BoI).
The data centre business alone attracted a combined investment value of 521.2 billion baht from 28 projects, as foreign and local tech companies continued to address the soaring demand for cloud services from hyperscalers, which refers to global cloud service companies.
Hyperscalers such as Amazon Web Services and Google, as well as platforms such as TikTok, have announced plans to expand in Thailand and the region.
In other segments of the digital sector, cloud services saw two investment applications worth a combined 671 million baht, while 59 applications were filed for software and digital platform development projects, representing 669 million baht in combined investment.
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