BANGKOK, Oct. 29 (Xinhua) -- Thailand's investment application value surged 94 percent year-on-year in the first nine months of 2025 to a combined 1.37 trillion baht (42.5 billion U.S. dollars), fueled by large-scale projects in data centers and smart electronics, official data showed on Wednesday.
The figure was the highest on record since the establishment of the Southeast Asian country's Board of Investment 60 years ago, with the number of applications rising 23 percent to 2,622 projects.
Foreign direct investment was the key driver, accounting for 72 percent of the total application value with pledges worth 985.3 billion baht (about 30.5 billion dollars), an 82-percent increase from the same period last year.
Last year, the kingdom recorded a decade-high 1.14 trillion baht (about 35.3 billion dollars) in total investment pledges, with the digital sector taking the lead for the first time. ■
