The Prime Minister is preparing to launch “Thailand FastPass” on 23 June to unlock government regulations, attract hundreds of billions in investment into the system, and boost Thailand's investment ranking by six places.
On 23 June 2026, Anutin Charnvirakul, Prime Minister and Minister of Interior, will preside over the opening ceremony of “Thailand FastPass to Accelerate Investment” and announce decisive measures to eliminate legal obstacles and government approval procedures, aiming to quickly drive real investment capital into large-scale promoted projects within the country.
The event will be attended by Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance, serving as chairman and supervisor of the Board of the Board of Investment (BOI); Narit Therdsteerasak, Secretary-General of the BOI; senior executives from eight related government agencies; and representatives from major private companies selected to participate in the program.
Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas revealed that the upcoming launch of the “Thailand FastPass” project this Tuesday is a key government mechanism to demonstrate its capability and decisiveness in overcoming legal and approval constraints in the public sector. It builds on the success of the previous “BOI Fast Pass” program, which proved that integrated government agency cooperation can rapidly stimulate and attract real foreign direct investment (FDI) without the state incurring any budget expenditure.
“This proactive, fast-moving policy directly boosts foreign investors’ confidence, reflected in the latest global IMD ranking, where Thailand’s international investment promotion score jumped six places from 30th to 24th. Going forward, the government will expand this model by collaborating with the private sector through the Joint Private Sector Committee (JPSC) to enhance long-term operational efficiency,” said Ekniti.
A senior source from the BOI board noted that Ekniti has closely monitored progress, focusing on unlocking two key investor concerns: electricity/clean energy systems and investment site provision. Recently, on 6 May 2026, the BOI board approved nine more major projects to join the Thailand FastPass acceleration system in the second batch, totaling 52.1 billion baht, following the first batch of 16 projects approved in March. Currently, 25 major projects are in this fast-track system with a combined investment value of 223.2 billion baht.
All projects selected for Thailand FastPass receive special privileges for expedited consideration, licensing, and coordination from key partner agencies such as the BOI, Department of Industrial Works, Industrial Estate Authority of Thailand (IEAT), Office of Natural Resources and Environmental Policy and Planning (ONEP), Customs Department, and state enterprises related to electricity, enabling factories and businesses to start operations immediately.
Between 2023 and 2025, Thailand had 78 large-scale investment projects totaling 480 billion baht: 35 projects worth 100 billion baht have already started investing; 30 projects worth 110 billion baht have clear investment plans for 2026-2027; while 13 projects worth 270 billion baht remain stalled due to land and licensing issues. The government expects the "Thailand FastPass" mechanism to break through these bottlenecks, driving over 350 billion baht of additional real investment funds into the Thai economy by 2027.