Minister of Industry and AMCHAM Discuss “Five to Thrive” and Initiatives to Attract Investors 

Roundtable Meeting with Ministry of Industry

Bangkok, Thailand, January 27 – AMCHAM Vice Presidents Ornkanya (Mook) Pibuldham of Bank of America and Peerasak Gamonsugosol of Honeywell led a delegation from the American Chamber of Commerce in Thailand (AMCHAM) to meet with Minister of Industry, H.E. Akanat Promphan, Permanent Secretary of Industry, Nattapol Rangsitpol, Acting Governor of the Industrial Estate Authority of Thailand, Sumet Tangprasert, and senior officers from the Office of Industrial Economics. 

During the meeting, AMCHAM introduced its “Five to Thrive 2025” initiative, aimed at attracting and increasing foreign investment in Thailand. The key areas discussed included incentives for investor employee upskilling programs, technology and knowledge transfers, and green projects for sustainable growth. 

Minister Akanat shared that the Ministry’s programs are already aligned with the “Five to Thrive”. He highlighted two important policies: the Solar Installation Bill, which seeks to accelerate Thailand’s transition to renewable energy, and the Industrial Waste Bill, which is designed to reshape the country’s manufacturing sector with a focus on circular economy principles.

Both parties also discussed Thailand’s plans for a recycling-focused industrial estate to help meet the country’s ambitious net-zero emissions goals while maintaining economic competitiveness.  

AMCHAM reaffirmed its commitment to supporting Thailand’s industrial growth, fostering innovation, and collaborating with the Ministry for sustainable development. “AMCHAM  also assists the Thai Government to amplify its efforts on the ease of doing business to attract more international direct investment” said AMCHAM Vice President Ornkanya. 

About AMCHAM Thailand

The American Chamber of Commerce in Thailand (AMCHAM) is an independent, non-partisan, non-profit organization. With over 3,500 executives representing 700 American, Thai, and other international companies, AMCHAM is the leading international business association in Thailand. Member companies have cumulatively invested over 84 billion U.S. dollars in Thailand and provide more than 500,000 local jobs.

If you would like to learn more about AMCHAM, please visit: www.amthamthailand.com or contact Varsha Wadhwani, AMCHAM Communications Manager at e-mail varsha@amchamthailand.com.