HONG KONG, Aug. 4, 2026 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a provider of AI-integrated solutions for next-generation energy grids and intelligent transportation systems, today announced that on August 3, 2026, it entered into subscription agreements (the “Subscription Agreements”) with four existing shareholders for the sale of 9,756,100 Class A Ordinary Shares (each, a “Share” and, collectively, the “Shares”) of the Company at US$1.64 per Share, for aggregate gross proceeds of US$16 million (the “Transaction”), in reliance upon Regulation S under the Securities Act of 1933, as amended (“Regulation S”).
The Shares are being offered for the account of the Company to certain of its existing shareholders in an offshore transaction pursuant to Regulation S.
The closing of the Transaction took place on August 3, 2026, following the satisfaction of customary closing conditions. The Transaction has been approved by the Company’s board of directors.
The Company intends to use the net proceeds from the Transaction primarily to 1) support its expansion into hydrogen energy solutions for intelligent data centers (IDCs) in Thailand, and 2) fund its core operations and the expansion of its proprietary battery-swapping solutions across overseas markets, including its battery-swapping heavy truck project in Thailand, electric van project in Southern Europe, and taxi project in Hong Kong SAR. The Company’s management retains discretion over the use and timing of the proceeds.
Additional details regarding the Transaction are set forth in the Company’s Current Report on Form 6-K filed with the U.S. Securities and Exchange Commission on August 3, 2026. The Shares issued in the Transaction were offered in an offshore transaction to persons who are not U.S. persons pursuant to Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), and have not been registered under the Securities Act or applicable state securities laws. Accordingly, the Shares may not be offered or sold in the United States or to U.S. persons except pursuant to an effective registration statement under the Securities Act, or pursuant to an available exemption from, or in a transaction not subject to, the registration requirements of the Securities Act, and, in each case, only in accordance with applicable state securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
About U Power Limited
U Power is an AI-integrated energy solutions provider building next-generation intelligent transportation and clean energy infrastructure. Originally a pioneer in EV battery-swapping, the Company developed proprietary modular technology, UOTTA™, and built a scalable network supporting commercial EV operations across multiple international markets.
U Power is now evolving beyond battery-swapping into an AI-driven, multi-energy ecosystem spanning EV infrastructure, smart energy management, and hydrogen power generation. Through a joint venture with Jiangsu GuoFu Hydrogen Energy Equipment Co., Ltd., the Company delivers intelligent hydrogen-based power solutions for Artificial Intelligence Data Center (AIDC) and next-generation transportation systems, supporting autonomous mobility, smart grid optimization, and the high-performance power demands of global digital industries with future-ready energy systems.
This press release contains “forward-looking statements,” including statements regarding the Company’s intended use of proceeds. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may affect its future results in the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
Contact
U Power Limited Investor Relations Department Email: ir@upincar.com
Strategic 10,400 sq. m. transformation brings 150+ fashion and lifestyle brands to Central China
WUHAN, CHINA & HONG KONG SAR – Media OutReach Newswire – 4 August 2026 – Heartland 66 in Wuhan, under Hang Lung Properties Limited (SEHK stock code: 00101) (“Hang Lung” or the “Company”), is expanding its new-generation, differentiated retail mix and customer experience offerings through the launch of Central China’s first curated 24KR Korean Trend Zone and edgestreet Concept Space. Building on the Heartland 66’s premium positioning, the two areas bring together Korean Wave culture, contemporary fashion, new-to-market brand launches, vibrant social spaces, and immersive experiences – forming part of Heartland 66’s transformation from a traditional retail destination into a trendy lifestyle hub, while contributing to the development of Wuhan’s retail sector.
24KR Korean Trend Zone, inspired by Seongsu-dong in Seoul, brings together more than 100 trendy Korean brands offering contemporary fashion, footwear and accessories, as well as food and coffee.
Launched between June and July, the 24KR Korean Trend Zone and “Greenhouse by edgestreet,” together spanning approximately 10,400 sq. m., feature a lineup of more than 150 brands. The 24KR Zone captures the contemporary Korean Wave that resonates with new-generation consumers and enriches the shopping experience. “Greenhouse”, meanwhile, is a concept space developed by edgestreet, centered on a greenhouse-inspired botanical theme and offering a diverse mix of design, aesthetics, home living and pet lifestyles. It blends modernfashion, lifestyle aesthetics and social interaction, deepening engagement with emerging customer segments. Among the first batch of brands unveiled, 24KR introduces 11 brands making their China debut and 15 making their Central China debut, while “Greenhouse” brings 20 brands opening their first stores in Wuhan.
“Greenhouse by edgestreet” focuses on designer brands, lifestyle and home living offerings, and pet lifestyle brands favored by new-generation customers, creating a stylish, warm and welcoming aesthetic space that delivers a “greenhouse experience.”
Such initiatives support Wuhan’s goal of accelerating its development into a forward-thinking city and an international consumption center. As a major transportation, education and commercial hub in Central China, Wuhan continues to attract university graduates seeking employment and entrepreneurship, as well as young talent from neighboring provinces who help to fuel local consumption. Heartland 66 aims to inject more emerging consumption experiences and commercial vitality into the local market.
Ms. Veronica Chan, Director – Mainland Business Operation, Hang Lung Properties, said, “Heartland 66 is actively introducing curated fashion and lifestyle offerings in response to the evolving consumer preferences. By providing a rich and diverse range of choices, we are creating placemaking destinations that foster a strong sense of community. As a commercial landmark in Wuhan, we will continue to strengthen our differentiated positioning, contribute to the city’s development as an international consumption center, and help stimulate consumer vitality.”
Mr. Harvey Ye, General Manager of Heartland 66, said, “The successive launch of 24KR Korean Trend Zone and ‘Greenhouse by edgestreet’ marks a firm step forward in engaging younger consumers and driving the revitalization and upgrading of our commercial spaces. On its opening day, the 24KR Zone lifted footfall by more than 50% year-on-year. ‘Greenhouse’, which followed shortly after, also drew a strong market response. Both underscore the powerful potential of the emerging consumer market and the surging economic vitality of Central China.”
Appendix — Details of the 24KR Korean Trend Zone and “Greenhouse by edgestreet”
Item
24KR Korean Trend Zone
“Greenhouse by edgestreet”
Location in Heartland 66, Wuhan
B1, East Zone
L3, East Zone
Area
Approximately 2,400 sq. m.
Approximately 8,000 sq. m.
Positioning
Contemporary Korean fashion and trendy lifestyle
Curated designer brands and quality lifestyle offerings
Brand categories
Trendy fashion, footwear and accessories, cosmetics and fragrances, designer toys, food and coffee
Designer brands, lifestyle and home living offerings, pet lifestyle brands
Number of brands
More than 100 trendy and creative Korean brands
More than 50 emerging international brands
First-in-market highlights
First batch: 11 China-debut and 15 Central China-debut brands, including FANCY CLUB, ZAENIO, IST KUNST, BLACKPURPLE and LAZY
First batch: 20 first-in-Wuhan brands, including THE WAREHOUSE by SHOWROOM SHANGHAI, HiOneOne, DOROQ, ARTICLE NO., and D&L Pets Department Store
Design concept
Inspired by Seongsu-dong in Seoul, incorporating Korean streetscape elements, tactile material textures, and layered urban details
Centered on “Lifestyle Inspiration × Greenhouse Ecology × Artistic Aesthetics,” using light, shadow and greenery to create a natural and open spatial experience
Hashtag: #HangLungProperties
The issuer is solely responsible for the content of this announcement.
About Hang Lung Properties
Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong and Shanghai, the Company manages a portfolio of over 3.6 million square meters of retail, office, residential, and hotel properties across Hong Kong and the Chinese Mainland.
The Company’s diverse portfolio in Hong Kong includes office towers and malls in prime districts, as well as luxury residential developments in prestigious areas. In the Chinese Mainland, under the signature “66” brand, the Company’s mixed-use and retail developments are regarded as premium landmarks, strategically located in the hearts of key cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan, and Hangzhou.
The Company is recognized for pioneering sustainability in the real estate industry, with an MSCI ESG rating of AA and inclusion on CDP “A List” for Climate Change. The Company powers 90% of its operating properties in the Chinese Mainland with renewable energy, with a net-zero commitment by 2050.
At Hang Lung Properties – We Do It Well.
For more information, please visit https://www.hanglung.com.
HA LONG, VIETNAM – Media OutReach Newswire – 4 August 2026 – Vinhomes has outlined the master plan for Vinhomes Global Gate Ha Long, an integrated urban development spanning approximately 6,200 hectares beside the UNESCO-listed Ha Long Bay. It is the company’s largest urban development to date, marking a shift in how success in city-building is measured: not by the size of the land developed, but by the value every hectare delivers to the people who live there.
An illustration of Vinhomes Global Gate Ha Long’s master plan.
For decades, the size of a master planned community has been one of the industry’s clearest measures of ambition. Across many markets, developments spanning 2,500 acres or more are regarded as large scale projects, distinguished by their mix of housing, retail, schools, parks and lifestyle amenities (1).
Today, as cities confront mounting pressure from climate change, population growth and changing patterns of mobility, urban development is being judged by a different standard. The OECD notes that future cities must do more than expand. They must connect people to jobs and services, strengthen climate resilience and integrate nature into the fabric of urban infrastructure (2).
Positioned along the Hanoi – Hai Phong – Quang Ninh Expressway, at the intersection of northern Vietnam’s tourism, industrial and logistics corridors, Vinhomes Global Gate Ha Long is planned not as a residential complex but as a fully integrated city, bringing together world-class housing, public services, commerce and ecological infrastructure within a single connected environment. The project represents Vinhomes’ most comprehensive urban vision to date, extending two decades of evolution from landmark residential projects to fully integrated townships.
A City Engineered for Connectivity and Daily Convenience
At the core of the master plan is the principle of an integrated urban ecosystem, designed to shorten the distance between where people live, work, learn and access essential services. Transportation, education, healthcare, commerce and hospitality are embedded within a single, unified environment.
Reinforcing this connectivity is the project’s location adjacent to the future depot station of the Hanoi–Quang Ninh high-speed railway, which is expected to connect residents to the capital in approximately 23 minutes, reshaping regional mobility and enabling a single daily commute between the intensity of metropolitan Hanoi and the UNESCO World Heritage landscape of Ha Long Bay.
Residents will also enjoy uninterrupted views of Ha Long Bay itself, alongside clean air, expansive waterfronts and exceptional ecological quality. Residential offerings span villas, townhouses, shophouses and high-rise apartments across six major districts.
Embedding Sustainability and World-Class Amenities
Environmental regeneration underpins the development at scale. More than 2,500 hectares are dedicated to green spaces, water bodies and mangrove landscapes, including 680 hectares of naturally filtered seawater, approximately 200 kilometers of coastline and the 660-hectare Globe Ha Long Forest Park. Together, these ecological assets are designed to support biodiversity, strengthen climate resilience and foster healthier living conditions, forming the core of Vinhomes’ ESG++ vision for regenerative urban development.
The city is organized around interconnected ecosystems. Culture and entertainment feature a 60,000-seat outdoor waterfront venue, the 3,000-seat Wonder Theatre, an 81-hectare VinWonders destination featuring what is planned to be the world’s largest aquarium park, an international convention center for more than 4,500 guests, and an 18.5-hectare Vietnamese Cultural and Culinary Village.
Hospitality and leisure offerings include internationally managed luxury hotels and resorts, integrated casino facilities, a 950-hectare golf complex comprising 12 courses, an 800-hectare mangrove recreational park, and Wonder Marina, which provides direct access to Ha Long Bay.
Commerce and lifestyle amenities are centered around Vincom Mega Mall, premium outlet shopping, Vincom Collection retail streets and dedicated lifestyle destinations, creating a 24-hour retail and dining environment.
Sports and wellness infrastructure includes Vietnam’s first purpose-built Sports District, spanning 13.3 hectares, a professional sports academy, and more than 50 kilometers of cycling routes woven throughout the city.
Health and education needs are met by the 14-hectare Vinmec Cleveland Clinic International Hospital; Vin New Horizon, Vietnam’s largest senior living center; Golden Residence retirement villas; Vinschool campuses; an American international school; and Wonder Young Hub, a dedicated center for youth development.
Anchoring the city’s economic future is a new central business district featuring office towers of 30 to 45 stories, designed to attract domestic and international businesses and reinforce Ha Long’s role as a major economic and financial hub.
Setting a New Standard for Future Urban Development
Vinhomes Global Gate Ha Long has been planned in alignment with ISO 37125, the latest international guidance for sustainable urban development, while incorporating Vingroup’s ESG++ approach, extending beyond environmental protection to encompass ecological regeneration, resource efficiency, digital governance, resilient infrastructure and long-term community wellbeing.
Smart technologies, including artificial intelligence, Internet of Things applications and data-driven urban management, are intended to optimize city operations alongside green mobility systems and efficient public infrastructure.
Guided by three core principles, connectivity, regeneration and excellence, the project seeks to demonstrate how mobility, environmental stewardship, public services, commerce and culture can function within a single planning framework. Through this approach, Vinhomes underlines its commitment to developing integrated urban environments designed for long-term sustainability.
The issuer is solely responsible for the content of this announcement.
About Vinhomes
Vinhomes is Vietnam’s largest residential real estate and integrated township developer. The company pioneers the development of synchronized, modern large-scale townships, delivering premium living standards and unlocking sustainable investment opportunities for domestic and international clients.
A left picture is a flood in Sikhottabong district, Vientiane Province on 29 July, and a right picture is the Xe Champhone River in Savannakhet Province exceeding warning level into danger zone. (Photo by Laophattana News and Tholakhong)
Heavy rain in recent days has caused flooding, rising river levels, and infrastructure impacts across several provinces, while Lao authorities warn that more rainfall could bring further flooding, landslides, and strong winds this week.
According to the Department of Meteorology and Hydrology, a low-pressure system moving across northern and central Laos, combined with moderate southwest monsoon winds, has brought widespread rainfall over the past week. The weather pattern has caused light to moderate rain nationwide, with periods of heavy to very heavy rain and strong winds reported in some areas.
On 4 August, the Department of Meteorology and Hydrology reported that the Xe Champhone River in Champhone District, Savannakhet Province, reached 8.02 metres, exceeding the official warning level of 8 metres and entering the danger level.
In Luang Prabang Province, heavy rain on 3 August triggered sudden flooding in Kokngiew village, with fast-moving floodwaters sweeping through parts of the area.
Authorities also reported flooding near the Luang Prabang Teacher Training College in Nasangveuy village on 28 July. Local officials said the area has faced repeated flooding for years due to a natural drainage channel.
In Vientiane Capital, heavy rain on 29 July caused severe waterlogging in Khountathong village, Sikhottabong District. The area has experienced repeated flooding during this year’s rainy season despite recent efforts by authorities and developers to improve drainage systems.
Weather Warning
The Department of Meteorology and Hydrology issued a nationwide warning on 4 August for possible flooding and landslides as heavy rain continues.
High-risk areas include Phongsaly, Xaysomboun, Bolikhamxay, Khammouane, Savannakhet, and Attapeu provinces. Moderate-risk areas include Xiangkhouang and Champasak provinces.
Authorities urged residents in flood-prone and landslide-prone areas to closely monitor weather forecasts and river levels and prepare for possible evacuations if conditions worsen.
According to the department’s weekly forecast, rainfall is expected to continue through 9 August across much of Laos, with heavy to very heavy rain possible in northern, central, and southern provinces.
Officials warned that continued rainfall could trigger flash floods, landslides, urban flooding, strong winds, and further rises in river levels in vulnerable areas.
HEFEI, CHINA – Media OutReach Newswire – 4 August 2026 – On August 4, the teaser video for the 2026 World Manufacturing Convention was officially released, marking the beginning of preparations for this global manufacturing event. Closely aligned with the theme “Intelligent Manufacturing, Better Future,” the teaser transforms the Convention’s logo into a futuristic “intelligent cube” and showcases emerging industrial scenarios, including fusion energy, quantum computing, and embodied intelligence. Through these visions of the future, the video highlights the strong momentum behind the manufacturing sector’s transformation toward higher-end, smarter, and greener development, demonstrating the innovative strength of China’s manufacturing industry as it advances into the future.
The 2026 World Manufacturing Convention will be held from September 20 to 23 at the Hefei Binhu International Convention and Exhibition Center in Hefei, Anhui, China. During the event, government leaders, representatives from international organizations, manufacturing executives, experts, and scholars from around the world will gather in Hefei to explore new pathways for high-quality development in manufacturing and share new opportunities for industrial cooperation.
Centered on the theme “Intelligent Manufacturing, Better Future,” the 2026 World Manufacturing Convention will further enhance its international and professional appeal. The Convention is expected to welcome approximately 1,000 distinguished guests, including around 500 overseas representatives, and will feature a series of events such as the opening ceremony and keynote speeches, major project matchmaking events, exhibitions showcasing manufacturing achievements, and innovation matchmaking programs for future industries.
During the Convention, a range of key activities will focus on areas including intelligent manufacturing, artificial intelligence, and future industries. These will include the Forum on Building China into a Manufacturing Power, the China-Europe International Manufacturing Cooperation Matchmaking Conference, and matchmaking activities for the digital and intelligent transformation of the manufacturing sector, further facilitating global collaboration in manufacturing resources, technologies, and projects.
The release of the teaser marks the full launch of the promotional campaign for the 2026 World Manufacturing Convention. With an open and forward-looking approach, Anhui is embracing the global wave of manufacturing transformation, driving industrial upgrading through technological innovation, and extending a global invitation for intelligent manufacturing collaboration, welcoming partners from around the world to join this future-oriented gathering of the manufacturing industry.
Vientiane’s latest cybercrime crackdown hits six locations, with 63 people arrested and thousands of devices seized. Vientiane Capital, Laos. 01 August 2026. (Photo: Lao Security News)
On 1 August, Vientiane authorities arrested 63 people on suspicion of involvement in an alleged telecommunications fraud network during coordinated raids across six locations in Sikhottabong and Hatsayfong districts.
The suspects included 57 Chinese nationals, four Lao nationals, one Cambodian, and one Thai national.
The largest operation targeted a rented house in Salakham village, Hatsayfong district, where police arrested 24 Chinese nationals. Officers said they uncovered a scam call center containing thousands of mobile phones, dozens of computers, several unregistered vehicles, and other equipment at a property linked to a local businessman.
Officers also raided a rental house in Nonghai village,arresting another 24 suspects and seizing large quantities of computer equipment.
The remaining 15 suspects were arrested in separate raids across Mai, Mueangvatha, Oubmoung, and Wattay Noy villages in Sikhottabong district.
Officials said the syndicate primarily targeted Chinese citizens and confirmed Lao authorities will hand the suspects over to Chinese police following interrogation, while deporting the Cambodian suspect to their national authorities.
Authorities will also blacklist the group under the Law on Entry-Exit and Foreign Management, permanently barring them from re-entering Laos.
Border Enforcement Push
The raid extends a nationwide crackdown that has intensified since early this year.
In the north, Bokeo authorities reported on 4 August that they arrested 87 suspects of eight nationalities, mostly Vietnamese, alongside Chinese, Myanmar, Ethiopian, Pakistani, Indian, Malaysian, and Lao nationals, in Tonpheung district between 17 and 27 July, seizing hundreds of mobile phones and desktop computers.
Earlier on July 28, in southern Laos, officers in Attapeu raided a Vietnamese-run scam and crypto-mining operation, detaining six Vietnamese men aged 17 to 35 and recovering firearms, mining rigs, and passports tied to victims defrauded through police impersonation schemes.
On July 11, in Vientiane Capital, police arrested 122 foreign nationals from China, Malaysia, Brazil, Myanmar, Uruguay, and Pakistan in rented houses in Buengkhayong village, Sisattanak district.
Nationwide, authorities arrested more than 2,000 people linked to alleged online fraud operations in both June and July as part of a broader crackdown. In early July, Prime Minister Sonexay Siphandone told the National Assembly that authorities had arrested more than 4,400 people linked to cybercrime, online fraud, and illegal gambling during the first six months of 2026.
A left picture is a collagen packaging with edited picture of police on it, and a right picture is a Facebook user being questioned after posted picture of police petrol. (Photo by Lao Security News)
Lao authorities have warned social media users against posting content that damages the reputation of police officers and state institutions after three recent cases involving Facebook and TikTok posts.
In the cases, three individuals were questioned, fined, or required to issue public apologies over posts as officials said misrepresented or harmed the image of law enforcement personnel.
The latest case involved a man identified as Mai from Phonhong district, Vientiane Province.
According to Public Security News, authorities questioned Mai on 3 August after he allegedly edited a photograph of a police officer and placed it on collagen packaging. He later posted the altered image on Facebook on 25 July with comments that officials said mocked and defamed law enforcement personnel.
Police said the post attracted widespread criticism online and damaged the reputation of the security forces. After questioning, Mai signed a statement acknowledging wrongdoing and issued a public apology.
Authorities said the case was handled under the Penal Code, including Articles 168 and 372, which cover defamation and causing reputational damage through public communication.
Other Recent Cases
The case followed two similar incidents reported in July.
On 13 July in Xieng Khouang Province, authorities summoned a woman after she recorded police officers during an operation against illegal gold mining and later posted the footage on TikTok.
The Propaganda and Training Board, which oversees the country’s media and directs the party’s propaganda and public communications work, reported that the video prompted online comments insulting police officers, damaging their reputation. Authorities warned the woman, educated her about the legal consequences of her actions, and fined her under relevant regulations.
In another case on 15 July, police in Xaythany district, Vientiane Capital, summoned a Facebook user after she posted a photo of officers on a late-night patrol at 2:17 AM and questioned whether they were genuine police.
Authorities said the post misrepresented a routine patrol by officers from a police station in Dontiew village, prompting criticism online. The woman later apologized, admitting she had not verified the information before sharing it.
Officials said the case also violated provisions of the Penal Code covering defamation and acts that damage the reputation of individuals or state institutions.
BANGKOK, THAILAND – Media OutReach Newswire – 4 August 2026 – For six decades, the Thailand Board of Investment (BOI) has been a central architect of Thailand’s economic landscape, translating national ambition into sustained industrial growth. Established in 1966, the BOI’s enduring legacy is defined by institutional foresight and policy adaptability, evolving from laying the groundwork for import-substitution industries in its early years to becoming a manufacturing powerhouse and navigating global economic shifts, while demonstrating continued commitment to technological and social development.
60 Years of BOI
This evolution is reflected in long-standing investment relationships with many of the world’s most iconic corporations. Global titans like Toyota, Minebea, Delta Electronics, Cargill, Western Digital, Seagate, Microchip and ADI—along with countless other global industry leaders—have not just invested in Thailand; they have thrived, expanded, and innovated within an ecosystem shaped by consistent policy direction and strong government support. Their continued presence underscores Thailand’s macroeconomic stability, strategic location, and the BOI’s role as a reliable institutional anchor for foreign investment.
As it marks its 60th anniversary, the BOI is drawing on this accumulated experience to frame Thailand’s next phase of economic transformation. Guided by the theme – “Shaping Thailand’s Future Through Strategic Investment” – the emphasis has shifted towards positioning Thailand as a high-value production base, driven by innovation, sustainability, and future industries that align with long-term structural trends. The strategy places particular weight on regional integration and cross-border partnerships, reflecting Thailand’s ambition to remain relevant in a fragmenting global economy.
A Resounding Vote of Global Confidence: Thailand’s Unprecedented 2025 Performance Investor response in 2025 suggests that this recalibration is gaining traction. Record investment figures serve as an early signal of confidence, reflecting both Thailand’s revised policy direction and the institutional credibility built over six decades.
In 2025, total investment applications reached USD 60.23 billion (1.87 trillion baht) across 3,370 projects, a 67% increase in value and an 11% rise in project count, both year-on-year — underscoring the BOI’s focus on technology-driven investment and Thailand’s growing role as a regional hub. This momentum carried into 2026: investment applications in the first half of the year (January–June) alone reached USD 47.47 billion (1.47 trillion baht) across 1,299 projects, up 37% year-on-year, while FDI applications climbed 80% to USD 44.08 billion (1.37 trillion baht) even amid global economic headwinds. Projects approved during the period are expected to generate more than 82,000 jobs, drive over USD 12.46 billion (386,900 million baht) a year in local raw material sourcing, and contribute more than USD 39.94 billion (THB 1.24 trillion baht) a year in export value.
Sectoral trends, especially in high-technology industries and AI, underline this rapid shift. The Digital sector, the Electronics & Electrical Appliances sector, and the AI supply chain are all seeing momentum in advanced manufacturing, including photonics devices, PCB, and semiconductor-related activities. In automotive production, Thailand is consolidating its regional leadership through higher-value components and the build-out of a full EV ecosystem. The Agriculture & Food Processing sector continues to move up the value chain, while petrochemicals and chemicals are increasingly oriented towards specialty products and circular-economy applications. Together, these developments suggest a gradual repositioning of Thailand within global production networks.
Mr. Narit Therdsteerasukdi, Secretary General of the BOI, reflected on this monumental achievement: “For six decades, the BOI has been instrumental in charting Thailand’s economic course, from foundational industrialization to pioneering a technology-driven, sustainable future. Our role transcends merely attracting capital; it is about strategically shaping our economic landscape to respond to a rapidly changing world. The investment figures of 2025 and the first half of 2026 are a clear endorsement of this long-term vision, confirming global trust in our strategic direction and our resolute commitment to forging a stable, innovative, and green economy for generations to come.”
The BOI’s Vision for Building the Foundation for the Next Decade Building on its previous success, the BOI’s strategy aims to anchor Thailand more firmly within ASEAN’s investment geography. Over the next decade, the agency seeks to position Thailand as a center for business across ASEAN, navigating geopolitical uncertainties and fostering deeper collaboration across critical global supply chains.
Key pillars of this ambitious vision include:
Leading Strategic Industries: The BOI aims to solidify Thailand’s global leadership by focusing on six strategic sectors. These include Bio&Green Industries, which encompass the bio-economy, modern agriculture, future foods, and clean energy, leveraging Thailand’s strengths and resources for added value and sustainable growth. Also prioritized are Modern Automotive, focusing on all types of Electric Vehicles and their parts, building upon Thailand’s robust foundation; Semiconductors and Advanced Electronics, critical for strengthening supply chains; Artificial Intelligence and Digital, serving as fundamental infrastructure; International Business Hubs, fostering high-value jobs and knowledge transfer; and Automation and Robotics, which have gained tremendous investment momentum in Thailand.
Skill Bridge, a future-ready workforce: Addressing skills development has become a policy priority. The BOI is expanding initiatives to develop talent in data technologies, artificial intelligence, and electronics and semiconductors, among others, reflecting rising workforce demand to support the growth of capital-intensive and technology-led industries.
Fostering Global Investor Alliances: Beyond individual projects, the BOI is seeking to create a collaborative ecosystem. This involves connecting global investors with local SMEs, governmental agencies, and cutting-edge research institutions to drive shared growth, foster innovation, and integrate Thailand’s vibrant domestic businesses into global value chains.
Thailand FastPass: To accelerate investment decisions and reduce investment friction, the BOI, under the Government’s initiative, has introduced Thailand FastPass — a dedicated service channel for investors in targeted industries and large-scale, high-impact projects. This streamlines processes, cuts approval timelines, and assigns a dedicated liaison officer to coordinate permitting, licensing, and regulatory processes across government agencies on the investor’s behalf. Thailand FastPass reflects the BOI’s commitment to matching the pace of global capital flows and ensuring Thailand remains a competitive, responsive destination for investors who require speed and certainty.
Powering Thailand on the Global Stage: A Hub of Collaboration and Opportunity Mr. Narit emphasized Thailand’s strategic goal: to position the nation as an attractive investment destination and a “safe haven” amidst global geopolitical shifts. He highlighted Thailand’s inherent geopolitical neutrality, making it an ideal manufacturing base for exports to major global markets. This strategic advantage, combined with proactive cooperation on digital rules, cybersecurity, and the green economy, supports inclusive and sustainable ASEAN growth.
With the upcoming 2026 Annual Meetings of the International Monetary Fund and the World Bank Group in October, Thailand is poised to further solidify its global leadership, showcasing its economic openness and commitment to sustainable advancement.
Invest in Thailand: Your Strategic Advantage in the Heart of Asia The message from the Thai Government is clear: Thailand is open for business and committed to your success. In a complex global landscape, Thailand offers unparalleled stability, strategic market access, and unwavering policy support.
The BOI has evolved beyond merely offering incentives, transforming into a dedicated strategic partner for a seamless and profitable investment journey. Its role encompasses promoting high-value investments through competitive incentives, integrating businesses seamlessly across government, private sector, and civil society, connecting them to robust global partners and supply chains, and facilitating smooth market entry and sustainable operations with comprehensive, end-to-end services.
As global leaders converge in Thailand, the spotlight is firmly on the country’s immense potential. Partner with us to tap into the future of the digital economy, advance sustainable manufacturing, and lead innovation from Asia’s premier investment hub.
Discover how your business can thrive in Thailand. Contact the Board of Investment today and let us help you build your future.
Voices of Conviction – Investors Endorse Thailand’s Vision The momentum isn’t just in the numbers; it’s in the deep conviction of the investors powering this growth.
“The business community consistently sees the BOI’s role as an accessible and open platform, crucial for strengthening Thailand’s competitiveness. Its focus on skilled labor development, R&D promotion, and regulatory facilitation actively delivers clear pathways for investment, aligning industry with national development priorities. By supporting initiatives such as renewable energy and green manufacturing, it affirms the BOI’s unwavering efforts to ensure Thailand remains a premier regional investment hub for all investors, present and future.” — Heidi Gallant, Executive Director, AMCHAM Thailand
“For Japanese companies, the BOI stands as an invaluable partner and crucial bridge, adeptly connecting government policies with our evolving needs and tirelessly working to enhance Thailand’s investment landscape. Their proactive leadership in Green and Digital Transformation is vital for strengthening global supply chains and fostering new business opportunities, firmly cementing Thailand’s position as a premier export and innovation hub. We are deeply committed to deepening this essential collaboration.” — ABE Ichiro, President of JETRO Bangkok
“The BOI is more than a facilitator; it is the strategic partner bridging government policies with investor needs, fundamentally driving our continuous growth. Truly, without BOI, we would not have been able to make such stable investments. Their vision, aligning with our pivot into ‘Industries of the Future’ like AI servers and humanoid robots, is complemented by a robust ESG framework. This has cemented Thailand as our core regional production base, and we are committed to deepening this essential partnership for the next 60 years and beyond.” — Yoshihisa Kainuma, Representative Director, Chairman and CEO, MinebeaMitsumi Inc.
“BOI’s longstanding support has enabled Nestlé Thailand’s continuous business growth. We commend BOI’s leadership in championing ESG-driven investments, an approach closely aligned with Nestlé’s Creating Shared Value philosophy, which focuses on building a sustainable business while contributing positively to Thai people, society, and the environment. Nestlé remains deeply committed to Thailand and will continue investing, as well as creating value for Thai consumers, farmers, and local businesses across our value chain.” — Victor Seah, Chairman and CEO of Nestlé Indochina
A Foundation of Foresight – Six Decades of Strategic Evolution Thailand’s historic investment achievements are not a matter of chance; they are the direct result of a deliberate, forward-looking government strategy continuously honed over 60 years. Established in 1966 under the Industrial Promotion Act, the BOI has consistently demonstrated its capacity for proactive adaptation and strategic leadership, evolving through distinct policy shifts:
Thailand’s investment trajectory reflects deliberate policy choices rather than coincidence. Since its establishment under the Industrial Promotion Act in 1966, the BOI has adapted its approach in line with shifting economic conditions:
1966–1975: Import substitution.
1976–1985: Export-oriented growth and integration into global markets.
1986–1995: Accelerated growth and Thailand’s regional development.
1996–2005: Post-crisis recovery and international trade liberalization.
2006–2015: Higher-value investment and technology development.
2016–present: Strategic Industries and the Green-Digital Transformation.
Current measures—including green-transformation incentives, the Long-Term Resident visa, investment retention and relocation programmes—extend this policy lineage, underpinning Thailand’s push towards a more sustainable and technology-driven economy.
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Thailand Board of Investment (BOI)
Established in 1966, the Office of the Board of Investment (BOI) has continuously played an essential role for over 60 years in promoting value-adding investment for the country, from both foreign and Thai investors, to enhance national competitiveness and drive towards a new era of sustainable and balanced growth.
Investment Services Center- PR Section, The Office of the Board of Investment (BOI)
https://www.boi.go.th/en/index/
