Bangkok Post
Govt backs 2026 investment push
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The government remains committed to making 2026 the "Year of Investment" despite a smaller share of capital expenditure in the 2027 fiscal budget, with plans to mobilise hundreds of billions of baht in public and private investment to support long-term economic growth.
Key facts
- The government remains committed to making 2026 the "Year of Investment"
- Speaking at the 29th anniversary of the National Press Council of Thailand on Saturday under the theme "Major Challenges for the Thai Economy Amid Global Crises", Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas said the
- Under the programme, investors receiving BoI incentives will be required to commit at least 20% of their planned investment this year
- Mr Ekniti said the lower proportion of capital expenditure in the 2027 budget largely reflected efforts to improve fiscal transparency by separating recurring expenditure that had previously been incorporated into other budget categories.
Summary
Speaking at the 29th anniversary of the National Press Council of Thailand on Saturday under the theme "Major Challenges for the Thai Economy Amid Global Crises", Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas said the lower capital budget did not reflect a reduction in overall national investment.
He said the government would increasingly rely on off-budget financing, public-private partnerships (PPPs), state enterprise investment and foreign direct investment (FDI) to drive infrastructure development while easing the fiscal burden.