BOI Approves Third FastPass Batch of 17 Projects Worth 121 Billion Baht

The Thailand Board of Investment (BOI) announced in Press Release No. 156/2569, dated 11 September 2026, that it approved a third batch of projects under its FastPass track. The batch covers 17 projects from 15 companies, with a combined value of about 121 billion baht (US$3.66 billion), and is expected to create more than 14,000 jobs.

Electronics and electrical components made up 10 projects worth about 83.92 billion baht (US$2.54 billion), roughly 70% of the batch. Processed foods accounted for about 24.34 billion baht, pet nutrition about 8.80 billion baht, and precision machinery and automotive parts about 4.36 billion baht. BOI reports that across the three FastPass intakes the portfolio now totals 42 projects worth about 344 billion baht (US$10.39 billion).

The same announcement also listed direct capital approvals of about 9.64 billion baht across three projects: a 90 MW wind farm in Maha Sarakham, aseptic food and beverage packaging in Ayutthaya, and printed circuit board assembly in Rayong. US dollar figures in the release use an average rate of about 1 USD = 33.1 THB.

This article is general information based on the BOI release and is not investment advice. Readers should consult BOI directly for current application procedures.