(Bangkok 18th) — The Thailand Board of Investment (BOI) and the Stock Exchange of Thailand (SET) today announced a strategic collaboration to promote the entry of leading foreign high-tech enterprises into Thailand's capital market, as well as to support existing listed companies in accelerating their transformation and upgrade, helping Thailand move towards a technology and innovation-driven "new economy".
BOI Secretary-General Narit pointed out that both sides have reached a consensus on the direction of cooperation, focusing on two main priorities: firstly, attracting foreign high-tech enterprises to list in Thailand, especially those that have already established business bases in Thailand and received BOI investment incentives; and secondly, supporting existing listed companies in their transformation, encouraging businesses to increase production efficiency and added value through investment, and to achieve long-term growth through sustainable development.
The two parties plan to initially cooperate in three major high-tech industries: smart electronics and home appliances, electric vehicles, and the digital industry. In recent years, these fields have attracted significant foreign investment to Thailand and have seen successful listing cases—such as Delta Electronics Thailand PCL and Cal-Comp Electronics (Thailand) PCL.
In promoting sustainable development of enterprises, the Stock Exchange will provide support for growth planning, investor communication, and reputation enhancement for companies through the “JUMP+ Program”; while the Board of Investment will offer tax incentives through the “Smart and Sustainable Industry” program. Both sides will also set up a “Fast-Track” channel to enable companies to receive dual support simultaneously.
Narit emphasized that amid global economic uncertainties, Thailand must enhance enterprise competitiveness and economic resilience—not only aiding current enterprises in upgrading, but also facilitating the establishment of a complete ecosystem for emerging high-tech industries in Thailand, encompassing production, R&D, regional headquarters, and capital market expansion, to become a new engine driving Thailand’s economy.
SET CEO Pakorn Peetathawatchai stated that this cooperation not only provides financing and expansion channels for new industry enterprises, but also brings more high-potential investment opportunities to investors. By combining BOI tax incentives with the SET’s “JUMP+” program, this will further spur companies to adopt sustainable practices in business development, corporate governance, and carbon emission management.
This strategic collaboration is seen as an important milestone in Thailand’s promotion of the “new economy” strategy and is expected to attract more global tech giants to land in Thailand’s capital market, further elevating Thailand's competitive position in the regional economy.