Prime Minister Highlights U.S. Private Sector Confidence in Thailand, Pushes for Regulatory Reforms to Support Big Tech and Data Centers While Ensuring Energy Balance

Key summary

The Prime Minister and Minister of Interior, Mr. Anutin Charnvirakul, revealed after a meeting with Mr. Brian McFeeters, Chairman and CEO of the U.S.-ASEAN Business Council (USABC), that U.S. business and investor representatives are continuously expanding their investments in Thailand, including establishing new production bases, expanding existing operations, and investing in the capital market. They reaffirmed their confidence in Thailand's stability and readiness. U.S. private sector representatives suggested amending outdated laws and regulations to reduce obstacles. The government is ready to promote investment in the Big Tech sector and the large automotive industry, which employs a significant number of Thai workers. For Data Center and AI businesses, the government is focused on ensuring investment stability while managing energy in a balanced manner, ensuring that the country's electricity supply is not diverted to Data Center operations, which could impact energy security or burden the public.