Singapore · Regional expansion
AI supply chains accounted for about 70% of Thailand’s BOI application value
Thailand’s Board of Investment reported US$50.3 billion of investment promotion applications through September 2026. It classified more than US$35.3 billion across 111 applications as directly tied to AI supply chains.
Sources checked
Bars show reported values or thresholds. Categories overlap, so their lengths should not be added.
The AI category cuts across several industries
BOI’s 111 applications directly tied to AI included data centres, data hosting, cloud services, chip design, semiconductor production and testing, optical components, and power or storage systems. The US$35.3 billion threshold covers a supply chain broader than the digital sector alone. Source 1
The applications were heavily weighted towards digital projects
The BOI reported more than US$34.4 billion of applications in the digital sector and US$5.6 billion in electronics and electrical appliances. It also reported US$2.4 billion in agriculture and food processing, up 59% from a year earlier. The sector figures use categories different from the cross-sector AI label. Source 1
Singapore was the largest reported source of foreign applications
Singapore-origin applications numbered 214 and totalled US$34.3 billion. Foreign applications overall reached US$45.7 billion. The release identifies the reported source of applications. It does not identify the ultimate origin of funding for every project or prove that the capital has been invested. Source 1
Approvals represent a separate pipeline stage
The BOI approved 1,951 projects worth US$44.6 billion in the same nine-month period. The approved set is not described as the same group of applications filed during those nine months. Dividing the two values would therefore not provide an approval rate. Job, export and local purchasing figures in the release are projections. Source 1