The government has established the National Semiconductor Policy Committee to set the country’s strategy for the sector, with a target of attracting 2.5 trillion baht in investment to Thailand.
According to government spokeswoman Rachada Dhnadirek, Prime Minister Anutin Charnvirakul signed an order appointing the committee to lay the foundation to strengthen Thailand’s economy, create high-quality jobs, increase revenue and strengthen the country’s long-term competitiveness.
In addition to the investment target, the government aims to develop 230,000 highly skilled workers for the semiconductor industry by 2050.
Ms Rachada said the committee will serve as a central coordinating body, enabling the integration of efforts among the public and private sectors, educational institutions and foreign investors so that all stakeholders can move in the same direction.
The panel will oversee investment promotion, workforce development, R&D, infrastructure development and the integration of Thailand into global supply chains.
Mr Anutin views semiconductors as a cornerstone of the modern economy, as they are critical components behind many technologies used in everyday life, including electric vehicles, artificial intelligence, data centres, automation systems, medical devices, and modern electronic equipment, she said.
Building a semiconductor industry base in Thailand would not only attract manufacturing facilities, but also create opportunities for Thais to secure higher-paying jobs, acquire globally sought-after skills and enhance the country’s long-term economic security, Ms Rachada said.
Investment in semiconductor-related industries continues to show strong growth potential. Investment promotion data for 2025 revealed the electronics and electrical appliance sector recorded investment applications worth 277 billion baht, making it the second-largest sector after digital.
In the first quarter of 2026, new investments in the sector exceeded 40.4 billion baht, reflecting investor confidence in Thailand’s potential.
The government believes Thailand’s strengths lie in its established electronics manufacturing base, component production capabilities, assembly and testing operations, and existing domestic businesses participating in the industry supply chain, Ms Rachada said.
The administration’s focus is to build on these strengths and move towards industries driven by advanced technology and innovation, creating greater economic value and opening pathways for Thais to access higher-quality, better-paying jobs, she noted.
“If the roadmap is implemented consistently, the semiconductor industry will become another key engine of economic growth, helping to improve people’s quality of life, create high-skilled employment, enhance national competitiveness and enable Thailand to keep pace with changes in the global economy,” Ms Rachada said.