According to the Board of Investment (BOI), Thailand hosts over 50,000 foreign nationals participating in investment promotion projects, with individuals hailing from nations including the United States, Russia, the United Kingdom, China, Germany, Japan, and France.
Thailand is prioritizing the development of its startup ecosystem to ensure future economic growth. However, efforts are not yet focused enough compared to other countries in the region.
BANGKOK, Feb. 3, 2023 /PRNewswire/ The National Innovation Agency, (Public Organization), or NIA, is accelerating its goal to push Thailand into the top 30 of the world's innovative countries and is stimulating investment in start-ups through a variety of strategies such as facilitating innovation for foreign investors, the establishment of the Smart Visa project with the co-operation of the Board of Investment of Thailand (BOI) and the establishment of a Global Startup Hub. The NIA Discloses Ways to Attract Foreign Investors to Invest in Innovative Businesses in Thailand, Aiming to Attract More Than a Billion Dollars in Investments Within 5 Years The NIA also revealed 4 factors contributing to innovative business operations such as having an Innovation District for business operations, with Bangkok being a city that is conducive to startup business operations, being a country with a reasonable cost of living, and with the lifestyles of Thai people having a unique identity. In ad