莱坊-2024年中国对泰国的外商直接投资白皮书（英）

White Paper Chinese Foreign Direct Investment in ThailandChinese Investment,Knight Frank Thailand White PaperHigh-Speed Rail & U.S. Tariffs on Thailand Industrial MarketMy ViewAs we reflect on the growing wave of Chinese investment into Thailand’s industrial sector, it’s important to recognise both the momentum and the pressures it creates. While the Eastern Economic Corridor (EEC) continues to thrive as a leading destination for foreign direct investment supported by world-class infrastructure and proactive government policy, many industrial estates are now approaching full capacity. At the same time, demand for utilities, particularly water and power, is rising steadily.To maintain Thailand’s competitiveness and ensure long-term sustainability, it may be time to consider how we can complement our traditional growth zones with emerging alternatives. The high-speed rail corridor offers a unique opportunity. With strategic cities in the Northeast, such as Khon Kaen, Nakhon Ratchasima, and Udon Thani, soon to be linked directly to Bangkok and China, we are well placed to explore broader industrial development.By investing in zoning, logistics infrastructure, and tailored incentives in these regions, Thailand can both ease pressure on existing hubs and foster more inclusive economic growth. Broadening our industrial map would not only unlock new capacity, but also position the country for a more balanced and resilient future.Mr. Marcus Burtenshaw Partner, Head of Industrial Strategy and Solutions, Knight Frank ThailandIn an increasingly interconnected global economy, the role of foreign direct investment has become a critical factor in shaping national development and industrial transformation. Thailand, strategically located at the heart of Southeast Asia, continues to attract global investors seeking access to ASEAN markets and resilient infrastructure.Among these investors, China has taken a particularly active role, with its investments expanding significantly under the framework of the Belt and Road Initiative. From high-tech manufacturing to cross-border infrastructure, the deepening economic relationship between China and Thailand offers both new opportunities and strategic considerations for policymakers, industry leaders, and the broader business community.This white paper seeks to provide an evidence-based analysis of the patterns, implications, and challenges of Chinese FDI in Thailand. By identifying key trends and critical sectors, we hope this report will serve as a practical resource for shaping future industrial strategies and investment policies in a rapidly evolving regional landscape.ForewordOver the past decade, China has emerged as a prominent source of foreign direct investment (FDI) in Thailand, capitalizing on the country’s strategic geographic location, investment-friendly environment, and well-developed infrastructure. The rising influx of Chinese FDI has played a significant role in reshaping Thailand’s industrial landscap