Nonthaburi, The Director-General of the Department of Business Development stated that the total number of foreigners coming to invest and conduct business in Thailand according to the Foreign Business Act of 1999 totaled 667, representing a high sum of 127,532 million baht. Japan is number one in investment with 32,148 million baht, followed by Singapore with 25,405 million baht and Hong Kong with 17,325 million baht, employing 6,845 Thai people. Mrs. Oramon Sapthaweetham Director-General of the Department of Business Development said that in 2023, foreigners will be allowed to invest and conduct business in Thailand. Under the Foreign Business Act of 1999, there were a total of 667 investments, 228 of which were investments through the process of applying for a foreign business license and requesting a certificate of foreign business operation. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and exercisi ng rights according to treaties or international agreements) 439 persons, total investment of 127,532 million baht, employing a total of 6,845 Thai people. In this regard, the top 5 foreign investors include Japan, numbering 137, accounting for 20.5 percent of the number of foreign businesses in Thailand in 2023, with investments of 32,148 million baht in businesses such as service businesses that are contracted with the private sector. (Services for drilling petroleum wells within the concessioned exploration blocks in the Gulf of Thailand; services for designing, procuring, constructing, installing, testing systems, repairing and maintaining gas pipelines for gas pipeline construction projects), engineering and technical service businesses such as analysis and Processing data on the use of greenhouse gases in various business activities, contract manufacturing services business (Vehicle parts / Electronic parts) Raw material purchasing business Parts and components for various industries for domestic whole sale trade Singapore: 102 companies, accounting for 15.3 percent of the number of foreign businesses in Thailand in 2023, with investments of 25,405 million baht in businesses such as life/casualty insurance brokerage business, hotel business, electronic money service business. Platform development service business United States, numbering 101, accounting for 15.1 percent of the number of foreign businesses in 2023, with investments of 4,291 million baht in businesses such as engineering service businesses. Retail business (Supplementary products / medicines / sports equipment) Business of design and development services, installation and system implementation of software programs (Software) and applications. (Application) Business providing advice and guidance on various aspects of management such as business planning. Business coordination Organizational management, etc. Chinese, numbering 59, accounting for 8.9 percent of the number of foreign businesses in Thailand in 2023, have investments of 16,059 m illion baht in businesses such as construction services. Including installation and testing of natural gas pipelines and natural gas control stations. Offshore well maintenance business Product manufacturing service business (Industrial machinery / metal parts and plastic parts / battery packs for electric vehicles) Electronic commerce business (e-Commerce) which provides a central platform for buying and selling products. Hong Kong: 34, accounting for 5.1 percent of the number of foreign businesses in Thailand in 2023, with investments of 17,325 million baht in businesses such as maintenance services. and repair of electric cars Product manufacturing service business (Electronic components/Seamless steel pipes/Recycled plastic pellets) Credit service business for product distributors who are juristic persons registered in Thailand. Airline ticket booking service business through online platforms However, the entry of foreigners into doing business in Thailand in the recent past Especially in the above indu stries Helps to transfer technology, which is specialized knowledge from investing countries to Thai people, such as knowledge about drilling and maintaining petroleum wells. Knowledge regarding the design of electrical and electronic systems in electric rail projects Knowledge about onshore natural gas pipeline systems Knowledge about how to maintain and take care of parts, tools, and equipment for power plant maintenance work. Knowledge about the maintenance of medical equipment and medical equipment and knowledge regarding application program development for security and personal data management Compared to 2022, it was found that allowing foreigners to invest and conduct business in Thailand increased by 84 cases (14%) (2023 allowed 667 cases / 2022 allowed 583 cases), although the investment value decreased by 1,242. million baht (1%) (Year 2023 invested 127,532 million baht / Year 2022 invested 128,774 million baht) but hired 1,592 Thai people, accounting for 30 percent (Year 2023 hired 6,845 people / Year 2022 hired 5,253 person) For investment in the EEC area by foreign investors, in 2023 there were 134 foreign investors interested in investing in the EEC area, accounting for 20 percent of the number of foreign investors in Thailand. An increase of 13% from 2022, with an investment value in the EEC area of ??38,613 million baht, accounting for 30% of the total investment. There are 44 investors from Japan, investing 7,053 million baht, China 30 investors, investing 4,128 million baht, Hong Kong 10 investors investing 14,573 million baht, and other countries, 50 investors investing 12,859 million baht. The businesses invested include businesses providing services, installation, testing, repair, maintenance and Training on machines, tools, equipment, and various work systems. used for construction projects producing and assembling electric vehicles Engineering service business Business consulting Product manufacturing service business (Electronic parts/metal parts and plastic parts/vehicle parts) Renovati on and repair service business REFRIGERATION AIR DRYER AIR FILTER However, only in December 2023, there were 55 foreigners allowed to conduct business in Thailand, 19 of which were investments through the channel of applying for a foreign business license and requesting a foreign business certificate. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and the exercise of rights according to treaties or international agreements) totaling 36 cases, with an investment of 29,244 million baht, most of them being foreigners from Hong Kong, Japan, and Singapore, employing 759 Thai people, including the transfer of technology, which is a specialized knowledge body. Direct aspects from investing countries to Thai people, such as knowledge about testing automotive parts using CT scan machines. Knowledge about the technology of medical equipment used for injection of contrast material for radiological diagnostic equipmen t. Knowledge about telematics systems and knowledge about quality inspection, warranty, and issuance of vehicle quality certificates, etc. The businesses that foreigners will be allowed to operate in December 2023 include the non-life insurance brokerage business in the category of direct insurance management. Product manufacturing service business (gypsum board / equipment for creating electric mobility / parts of agricultural tractors) Cloud services business, which provides services in the field of software. (SOFTWARE-AS-A-SERVICE) to store and manage electronic data and the Internet network. Business of product quality inspection services for automobile parts. Source: Thai News Agency

Nonthaburi, The Director-General of the Department of Business Development stated that the total number of foreigners coming to invest and conduct business in Thailand according to the Foreign Business Act of 1999 totaled 667, representing a high sum of 127,532 million baht. Japan is number one in investment with 32,148 million baht, followed by Singapore with 25,405 million baht and Hong Kong with 17,325 million baht, employing 6,845 Thai people. Mrs. Oramon Sapthaweetham Director-General of the Department of Business Development said that in 2023, foreigners will be allowed to invest and conduct business in Thailand. Under the Foreign Business Act of 1999, there were a total of 667 investments, 228 of which were investments through the process of applying for a foreign business license and requesting a certificate of foreign business operation. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and exercisi ng rights according to treaties or international agreements) 439 persons, total investment of 127,532 million baht, employing a total of 6,845 Thai people. In this regard, the top 5 foreign investors include Japan, numbering 137, accounting for 20.5 percent of the number of foreign businesses in Thailand in 2023, with investments of 32,148 million baht in businesses such as service businesses that are contracted with the private sector. (Services for drilling petroleum wells within the concessioned exploration blocks in the Gulf of Thailand; services for designing, procuring, constructing, installing, testing systems, repairing and maintaining gas pipelines for gas pipeline construction projects), engineering and technical service businesses such as analysis and Processing data on the use of greenhouse gases in various business activities, contract manufacturing services business (Vehicle parts / Electronic parts) Raw material purchasing business Parts and components for various industries for domestic whole sale trade Singapore: 102 companies, accounting for 15.3 percent of the number of foreign businesses in Thailand in 2023, with investments of 25,405 million baht in businesses such as life/casualty insurance brokerage business, hotel business, electronic money service business. Platform development service business United States, numbering 101, accounting for 15.1 percent of the number of foreign businesses in 2023, with investments of 4,291 million baht in businesses such as engineering service businesses. Retail business (Supplementary products / medicines / sports equipment) Business of design and development services, installation and system implementation of software programs (Software) and applications. (Application) Business providing advice and guidance on various aspects of management such as business planning. Business coordination Organizational management, etc. Chinese, numbering 59, accounting for 8.9 percent of the number of foreign businesses in Thailand in 2023, have investments of 16,059 m illion baht in businesses such as construction services. Including installation and testing of natural gas pipelines and natural gas control stations. Offshore well maintenance business Product manufacturing service business (Industrial machinery / metal parts and plastic parts / battery packs for electric vehicles) Electronic commerce business (e-Commerce) which provides a central platform for buying and selling products. Hong Kong: 34, accounting for 5.1 percent of the number of foreign businesses in Thailand in 2023, with investments of 17,325 million baht in businesses such as maintenance services. and repair of electric cars Product manufacturing service business (Electronic components/Seamless steel pipes/Recycled plastic pellets) Credit service business for product distributors who are juristic persons registered in Thailand. Airline ticket booking service business through online platforms However, the entry of foreigners into doing business in Thailand in the recent past Especially in the above indu stries Helps to transfer technology, which is specialized knowledge from investing countries to Thai people, such as knowledge about drilling and maintaining petroleum wells. Knowledge regarding the design of electrical and electronic systems in electric rail projects Knowledge about onshore natural gas pipeline systems Knowledge about how to maintain and take care of parts, tools, and equipment for power plant maintenance work. Knowledge about the maintenance of medical equipment and medical equipment and knowledge regarding application program development for security and personal data management Compared to 2022, it was found that allowing foreigners to invest and conduct business in Thailand increased by 84 cases (14%) (2023 allowed 667 cases / 2022 allowed 583 cases), although the investment value decreased by 1,242. million baht (1%) (Year 2023 invested 127,532 million baht / Year 2022 invested 128,774 million baht) but hired 1,592 Thai people, accounting for 30 percent (Year 2023 hired 6,845 people / Year 2022 hired 5,253 person) For investment in the EEC area by foreign investors, in 2023 there were 134 foreign investors interested in investing in the EEC area, accounting for 20 percent of the number of foreign investors in Thailand. An increase of 13% from 2022, with an investment value in the EEC area of ??38,613 million baht, accounting for 30% of the total investment. There are 44 investors from Japan, investing 7,053 million baht, China 30 investors, investing 4,128 million baht, Hong Kong 10 investors investing 14,573 million baht, and other countries, 50 investors investing 12,859 million baht. The businesses invested include businesses providing services, installation, testing, repair, maintenance and Training on machines, tools, equipment, and various work systems. used for construction projects producing and assembling electric vehicles Engineering service business Business consulting Product manufacturing service business (Electronic parts/metal parts and plastic parts/vehicle parts) Renovati on and repair service business REFRIGERATION AIR DRYER AIR FILTER However, only in December 2023, there were 55 foreigners allowed to conduct business in Thailand, 19 of which were investments through the channel of applying for a foreign business license and requesting a foreign business certificate. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and the exercise of rights according to treaties or international agreements) totaling 36 cases, with an investment of 29,244 million baht, most of them being foreigners from Hong Kong, Japan, and Singapore, employing 759 Thai people, including the transfer of technology, which is a specialized knowledge body. Direct aspects from investing countries to Thai people, such as knowledge about testing automotive parts using CT scan machines. Knowledge about the technology of medical equipment used for injection of contrast material for radiological diagnostic equipmen t. Knowledge about telematics systems and knowledge about quality inspection, warranty, and issuance of vehicle quality certificates, etc. The businesses that foreigners will be allowed to operate in December 2023 include the non-life insurance brokerage business in the category of direct insurance management. Product manufacturing service business (gypsum board / equipment for creating electric mobility / parts of agricultural tractors) Cloud services business, which provides services in the field of software. (SOFTWARE-AS-A-SERVICE) to store and manage electronic data and the Internet network. Business of product quality inspection services for automobile parts. Source: Thai News Agency

Nonthaburi, The Director-General of the Department of Business Development stated that the total number of foreigners coming to invest and conduct business in Thailand according to the Foreign Business Act of 1999 totaled 667, representing a high sum of 127,532 million baht. Japan is number one in investment with 32,148 million baht, followed by Singapore with 25,405 million baht and Hong Kong with 17,325 million baht, employing 6,845 Thai people. Mrs. Oramon Sapthaweetham Director-General of the Department of Business Development said that in 2023, foreigners will be allowed to invest and conduct business in Thailand. Under the Foreign Business Act of 1999, there were a total of 667 investments, 228 of which were investments through the process of applying for a foreign business license and requesting a certificate of foreign business operation. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and exercisi ng rights according to treaties or international agreements) 439 persons, total investment of 127,532 million baht, employing a total of 6,845 Thai people. In this regard, the top 5 foreign investors include Japan, numbering 137, accounting for 20.5 percent of the number of foreign businesses in Thailand in 2023, with investments of 32,148 million baht in businesses such as service businesses that are contracted with the private sector. (Services for drilling petroleum wells within the concessioned exploration blocks in the Gulf of Thailand; services for designing, procuring, constructing, installing, testing systems, repairing and maintaining gas pipelines for gas pipeline construction projects), engineering and technical service businesses such as analysis and Processing data on the use of greenhouse gases in various business activities, contract manufacturing services business (Vehicle parts / Electronic parts) Raw material purchasing business Parts and components for various industries for domestic whole sale trade Singapore: 102 companies, accounting for 15.3 percent of the number of foreign businesses in Thailand in 2023, with investments of 25,405 million baht in businesses such as life/casualty insurance brokerage business, hotel business, electronic money service business. Platform development service business United States, numbering 101, accounting for 15.1 percent of the number of foreign businesses in 2023, with investments of 4,291 million baht in businesses such as engineering service businesses. Retail business (Supplementary products / medicines / sports equipment) Business of design and development services, installation and system implementation of software programs (Software) and applications. (Application) Business providing advice and guidance on various aspects of management such as business planning. Business coordination Organizational management, etc. Chinese, numbering 59, accounting for 8.9 percent of the number of foreign businesses in Thailand in 2023, have investments of 16,059 m illion baht in businesses such as construction services. Including installation and testing of natural gas pipelines and natural gas control stations. Offshore well maintenance business Product manufacturing service business (Industrial machinery / metal parts and plastic parts / battery packs for electric vehicles) Electronic commerce business (e-Commerce) which provides a central platform for buying and selling products. Hong Kong: 34, accounting for 5.1 percent of the number of foreign businesses in Thailand in 2023, with investments of 17,325 million baht in businesses such as maintenance services. and repair of electric cars Product manufacturing service business (Electronic components/Seamless steel pipes/Recycled plastic pellets) Credit service business for product distributors who are juristic persons registered in Thailand. Airline ticket booking service business through online platforms However, the entry of foreigners into doing business in Thailand in the recent past Especially in the above indu stries Helps to transfer technology, which is specialized knowledge from investing countries to Thai people, such as knowledge about drilling and maintaining petroleum wells. Knowledge regarding the design of electrical and electronic systems in electric rail projects Knowledge about onshore natural gas pipeline systems Knowledge about how to maintain and take care of parts, tools, and equipment for power plant maintenance work. Knowledge about the maintenance of medical equipment and medical equipment and knowledge regarding application program development for security and personal data management Compared to 2022, it was found that allowing foreigners to invest and conduct business in Thailand increased by 84 cases (14%) (2023 allowed 667 cases / 2022 allowed 583 cases), although the investment value decreased by 1,242. million baht (1%) (Year 2023 invested 127,532 million baht / Year 2022 invested 128,774 million baht) but hired 1,592 Thai people, accounting for 30 percent (Year 2023 hired 6,845 people / Year 2022 hired 5,253 person) For investment in the EEC area by foreign investors, in 2023 there were 134 foreign investors interested in investing in the EEC area, accounting for 20 percent of the number of foreign investors in Thailand. An increase of 13% from 2022, with an investment value in the EEC area of ??38,613 million baht, accounting for 30% of the total investment. There are 44 investors from Japan, investing 7,053 million baht, China 30 investors, investing 4,128 million baht, Hong Kong 10 investors investing 14,573 million baht, and other countries, 50 investors investing 12,859 million baht. The businesses invested include businesses providing services, installation, testing, repair, maintenance and Training on machines, tools, equipment, and various work systems. used for construction projects producing and assembling electric vehicles Engineering service business Business consulting Product manufacturing service business (Electronic parts/metal parts and plastic parts/vehicle parts) Renovati on and repair service business REFRIGERATION AIR DRYER AIR FILTER However, only in December 2023, there were 55 foreigners allowed to conduct business in Thailand, 19 of which were investments through the channel of applying for a foreign business license and requesting a foreign business certificate. (via investment channels according to the investment promotion law or is permitted according to the law on the Industrial Estate Authority of Thailand and the exercise of rights according to treaties or international agreements) totaling 36 cases, with an investment of 29,244 million baht, most of them being foreigners from Hong Kong, Japan, and Singapore, employing 759 Thai people, including the transfer of technology, which is a specialized knowledge body. Direct aspects from investing countries to Thai people, such as knowledge about testing automotive parts using CT scan machines. Knowledge about the technology of medical equipment used for injection of contrast material for radiological diagnostic equipmen t. Knowledge about telematics systems and knowledge about quality inspection, warranty, and issuance of vehicle quality certificates, etc. The businesses that foreigners will be allowed to operate in December 2023 include the non-life insurance brokerage business in the category of direct insurance management. Product manufacturing service business (gypsum board / equipment for creating electric mobility / parts of agricultural tractors) Cloud services business, which provides services in the field of software. (SOFTWARE-AS-A-SERVICE) to store and manage electronic data and the Internet network. Business of product quality inspection services for automobile parts. Source: Thai News Agency