Thailand has unveiled a fast-track investment plan aimed at reviving sluggish economic growth, signalling a renewed push by the government to accelerate capital inflows and restore momentum across key sectors.

The initiative focuses on cutting red tape, speeding up project approvals and mobilising both domestic and foreign investment to support near-term growth while strengthening the economy’s longer-term competitiveness.

Officials say the plan is designed to address delays that have held back large projects and to ensure that approved investments translate more quickly into real economic activity.

Under the programme, priority projects in strategic industries such as advanced manufacturing, digital infrastructure, data centres, renewable energy and logistics will benefit from expedited licensing, faster environmental and construction approvals, and closer coordination among government agencies.

The government has also instructed relevant authorities to resolve long-standing bottlenecks related to land use, power connections and work permits, issues that have previously slowed implementation despite strong investor interest.

By shortening timelines from approval to execution, policymakers aim to inject stimulus into the economy at a time when external demand remains uncertain.

The fast-track plan is being rolled out alongside targeted incentives, including tax benefits and investment privileges, to reinforce Thailand’s attractiveness as a regional investment destination.

Officials have emphasised that the measures are not a departure from fiscal discipline but a pragmatic response to softer growth, uneven recovery and rising competition from neighbouring economies for global capital.

The initiative builds on Thailand’s broader strategy to reposition itself as a hub for high-value industries and innovation-driven growth.

Government leaders say the success of the fast-track approach will be measured by tangible outcomes such as higher investment disbursement, job creation and improved confidence among investors.

As Thailand seeks to move past a period of subdued expansion, the accelerated investment framework reflects a policy shift toward more active facilitation of growth while maintaining macroeconomic stability and regulatory oversight.