Thailand aims to become ASEAN's clean energy hub

BoI Secretary-General Narit Therdsteerasukdi revealed that there are currently 28 electric vehicle production projects by 22 companies in Thailand, with a total investment of approximately 78 billion THB and a combined production capacity of over 880,000 units.

The Thailand Board of Investment (BoI) is driving clean energy investment across over 2,900 projects in the past decade, with a total value exceeding 560 billion THB (16.79 billion USD), pushing the country toward becoming a clean energy hub in the region.

BoI Secretary-General Narit Therdsteerasukdi revealed that there are currently 28 electric vehicle production projects by 22 companies in Thailand, with a total investment of approximately 78 billion THB and a combined production capacity of over 880,000 units.

l4j5ajude9t6euvnfke0-628.jpg
Illustrative image (Source: nationthailand.com)

Thailand is committed to reducing greenhouse gas emissions, targeting carbon neutrality by 2050 and net zero emissions by 2065. Under its Power Development Plan (PDP 2024), the country aims to increase the share of clean energy to no less than 50% of total electricity generation to support its green industry transition.

Currently, clean energy accounts for 26% of Thailand’s power capacity. According to the 2023 SDG Index, the nation ranks 43rd globally and 1st in ASEAN, with the highest progress in clean energy.

Narit revealed that from 2015 to March 2025, over 2,900 clean energy projects have been submitted for investment promotion. Additionally, the BoI has promoted over 2,400 projects worth more than 220 billion THB to improve production efficiency and shift toward renewable energy, supporting a green supply chain from upstream to downstream. This effort enhances opportunities, reduces risks, and strengthens Thailand’s competitiveness in sustainable business./.

World

Indonesia seeks new markets for palm oil
World

Indonesia seeks new markets for palm oil

Indonesia is the world's biggest producer of the edible oil used in making foods such as cakes, chocolate, and margarine as well as cosmetics, soap and shampoo, accounting for more than half of the global supply.

Thailand optimistic about tourism and spending during Songkran festival
World

Thailand optimistic about tourism and spending during Songkran festival

Deputy government spokesman Anukul Prueksanusak has cited findings from a recent consumer behaviour survey conducted by the University of the Thai Chamber of Commerce, which said spending during Songkran is projected to increase by 4.5% to 134 billion THB (3.8 billion USD), up from last year’s 129 billion THB

Thailand to negotiate with US on tariffs
World

Thailand to negotiate with US on tariffs

Thailand is on the list of 15 countries that could be affected by Trump’s tariff policy. The average US tariff on Thai imports is 2% while Thailand levies an average tariff of 8% on US products

Thailand revises tourism strategy after earthquake
World

Thailand revises tourism strategy after earthquake

Minister of Tourism and Sports Sorawong Thienthong said that a tourism risk and crisis management team will be established to support the industry, with representatives from organisations in the tourism supply chain, such as the Ministry of Home Affairs and the Roads Authority.

Belgian monarchs' state visit to open new chapter in bilateral cooperation
World

Belgian monarchs' state visit to open new chapter in bilateral cooperation

As a major player in the region and one of the most dynamic economies in Asia, Vietnam is an indispensable partner for Belgium. The meetings with the various Vietnamese authorities will therefore offer an excellent opportunity to further deepen and enrich this diverse partnership, according the Belgian Federal Public Service of Foreign Affairs, Foreign Trade and Development Cooperation.