Thailand has become the leading manufacturing base for printed circuit boards in ASEAN, supported by more than USD 5.6 billion in investment applications since 2022. The growth reflects rising global demand for artificial intelligence, data centers, and advanced electronics, as well as the relocation of production by foreign manufacturers.
According to the Thailand Board of Investment, over 180 PCB related projects applied for investment promotion between 2022 and June 2025, with a combined value exceeding 200 billion baht, or about $5.6 billion. In the first nine months of 2025, the electrical appliances and electronics sector recorded 382 investment applications worth more than 180 billion baht, or about $5 billion. This sector includes PCBs, hard disk drives, electronic components, battery cells, and smart devices.
Thailand’s advantages include established infrastructure, stable power supply, and integrated logistics networks linking ports and airports. The country also has a skilled workforce and supply chains connected to industries such as electric vehicles, semiconductors, medical devices, and data centers. Government incentives include corporate income tax exemptions of up to 13 years.
Industrial estates such as 304 Industrial Park support the sector with dedicated utilities. The site has power generation capacity of 893 megawatts, water supply capacity of 344,000 cubic meters per day, and wastewater treatment capacity of 175800 cubic meters per day. Renewable energy capacity exceeds 555 megawatts.
Thailand aims to leverage these factors to become one of the world top five PCB manufacturing centers.
(Source: The Nation)
