Thailand’s government presented its investment priorities to global institutional investors at a Bank of America roadshow on September 22, 2026, led by Prime Minister and Minister of Interior Anutin Charnvirakul to highlight data centers, energy transition and economic reforms while reaffirming fiscal discipline and balanced relations with Washington and Beijing.
The group meeting attracted around 25 participants, predominantly funds already investing in Thailand, including BlackRock, Blackstone, Citadel and Fidelity, with combined assets under management of approximately $40 trillion.
The Thai PM outlined priorities covering digital technology, food security and energy transition. Responding to questions about public borrowing, he assured investors that the government would maintain strict fiscal discipline and remain within the public debt ceiling.
The prime minister reaffirmed cooperation with Microsoft following longstanding discussions about investment in Thailand. However, the government wants to select data center projects that deliver substantial national benefits rather than simply consume resources and exploit the country’s strategic location.
Deputy Prime Minister and Minister of Commerce Suphajee Suthumpun said investors showed strong interest in Thailand and sought greater clarity on government policy, particularly relations with the United States and China. The delegation emphasized that Thailand considers both countries important partners and pursues mutual benefits without taking sides.
Suphajee said global funds were exploring infrastructure funds and data centers as they sought opportunities outside the U.S. She cited Thailand’s infrastructure connectivity, energy readiness and position as an ASEAN hub as key attractions.
Minister of Digital Economy and Society Chaichanok Chidchob said Thailand prioritized a sustainable, long-term technology ecosystem over one-time investment. Investors remained receptive to requirements involving sustainable energy, water management, technology transfer, university collaboration and computing-power support, despite the additional costs.
Bank of America also arranged a one-on-one meeting with Pacific Investment Management Company LLC (PIMCO), attended by Chief Executive Manny Roman. The investment manager has approximately $2.5 trillion in assets under management.
According to Bank of America Thailand President Ornkanya Pibuldham, PIMCO showed interest in financing Thai data centers through loans or corporate bonds. It also encouraged Thailand to issue US dollar-denominated government bonds and indicated readiness to invest if an issuance proceeds.
Stock Exchange of Thailand President Asadej Kongsiri explained that ample domestic liquidity and low interest rates meant Thailand had no immediate need for such borrowing. PIMCO nevertheless argued that a global bond roadshow could raise the country’s international profile.
Capital market initiatives presented included JUMP+, aimed at strengthening listed companies, and BOI to IPO, intended to bring more new-growth industries to the market.
The government reiterated its ambition to make Thailand a high-income country by 2037. Kiatnakin Phatra Financial Group Chief Economist Pipat Luengnaruemitchai said the delegation also outlined a target to raise investment to 30% of GDP and emphasized reform commitments, including OECD accession.
Pipat said Thailand had returned to investors’ radar following stronger market performance and an improved Moody’s credit-rating outlook. However, listed companies still needed to demonstrate earnings growth following the market’s re-rating.
He also cautioned that Thailand’s relatively low yields could encourage capital outflows if confidence weakened, making fiscal discipline and political stability essential to sustaining investor interest.
