What role does the BOI play in elevating Thai entrepreneurs?

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The BOI actively cultivates Thai entrepreneurs by integrating them into global supply chains and enhancing their capabilities through initiatives like SUBCON Thailand.

The Thailand Board of Investment (BOI) plays a pivotal role in empowering Thai entrepreneurs by strategically connecting them with international markets and fostering their growth. A key mechanism for this is SUBCON Thailand, ASEAN's largest industrial sourcing expo, which the BOI co-organizes. This event serves as a vital platform for Thai businesses to engage with global supply chains, identify opportunities, and build crucial partnerships.
SUBCON Thailand as a Global Connection Platform

SUBCON Thailand, held from May 13-16 in Bangkok, facilitated an estimated USD 705.5 million in parts trade, underscoring its significance in connecting manufacturers worldwide with Southeast Asian industrial capabilities. The expo attracted over 50,000 participants and generated more than 9,600 business matching pairs, demonstrating its effectiveness in fostering international collaboration. The BOI utilizes this event to bridge the gap between Thai entrepreneurs and global demand, particularly during a period of significant industrial restructuring worldwide.
Elevating Capabilities for Future Industries

Beyond mere connection, the BOI aims to develop SUBCON Thailand into a platform that actively elevates the capabilities of Thai entrepreneurs. The focus is on preparing them for integration into high-value sectors. Future plans include expanding the expo's scope to specifically target emerging industries such as AI, advanced electronics, modern vehicles, and logistics. This strategic expansion is designed to position Thailand more firmly on the global industrial supply chain map and ensure its manufacturers are equipped for the demands of these advanced fields.
Enhancing Business Matching and Investor Ties

A crucial component of the BOI's strategy involves expanding the Business Matching sessions at SUBCON Thailand. This initiative seeks to engage a broader spectrum of industries and cultivate deeper relationships between Thai companies and overseas investors. By facilitating these connections, the BOI aims to create a more robust ecosystem for investment and collaboration, enabling Thai businesses to secure procurement agreements, initiate follow-up negotiations, and establish technology partnerships with international entities. This focus on direct connectivity has yielded high satisfaction rates among participants, highlighting its central role in the event's success.

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What role does the BOI play in elevating Thai entrepreneurs?

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