This substantial foreign investment has facilitated valuable technology transfer to Thai workers, providing expertise in areas such as petroleum drilling, medical technology, automotive component quality testing, and electric vehicle electrical system design, Auramon said.
The 2024 figures represent a 43% increase in the number of foreign businesses operating in Thailand (up from 667 in 2023 to 954) and a 79% increase in investment value (from 127.532 billion baht in 2023 to 228.106 billion baht).
However, the number of Thai employees hired by foreign investors decreased by 26% (from 6,845 in 2023 to 5,040 in 2024).
Japan remains the largest investor, with investment increasing more than three fold – from 32.148 billion baht in 2023 to 121.190 billion baht in 2024.
Investment in the Eastern Economic…
