Thailand is attracting renewed interest as the government advances a new economic growth strategy and benefits from growing demand for stable investment destinations, Vice Minister for Finance Santitarn Sathirathai said.
Mr Santitarn said policymakers and capital market participants share the view that Thailand is at a critical moment as global economic and geopolitical shifts prompt investors to seek safe and stable markets where they can position their portfolios effectively.
"Investors are increasingly turning their attention to Asean, and Thailand is once again receiving particular interest," he said. "This is an important opportunity for all stakeholders to work together."
He attributed the renewed confidence to the "New Growth Story", built around the Finance Ministry's "5T" framework: target, transition, transform, transparency and together.
Thailand is well-positioned to capitalise on the global energy transition by developing green industries, creating a new growth engine, he said.
He noted that many countries continue to struggle with policy uncertainty, fiscal challenges and efforts to offset high energy costs, while Thailand has demonstrated relative stability and adaptability.
"This has become a new growth story that investors find attractive," he said, citing rising real-sector investment evident in Board of Investment applications and GDP figures, as well as increasing participation by financial investors in Thailand's capital markets.
Addressing concerns over Thailand's emerging twin deficits, he said the issue appears to be short-term.
"We are aware of the situation, but we should not panic," he said. "The development is largely expected because Thailand imports substantial amounts of energy and must maintain strategic reserves for energy security."
