However, investment in Thailand must pass numerous rules and regulations governed by various laws and agencies, making the process cumbersome. Mr Ekniti said Thailand needs to create a fast-track system for domestic investment by consolidating regulations governing investment into a single law to improve efficiency. This concept is known as an omnibus law, which he said would represent a major transformation in Thailand's investment landscape. Some 20-30 years ago, Thailand was Southeast Asia's primary manufacturing base, but today Vietnam has overtaken Thailand in several industries. First, the country has more open investment laws.

Source: Bangkok Post April 11, 2026 00:13 UTC