Mitihoon – Bangkok, March 19, 2025 – True Digital Park, the largest tech and startup hub in ASEAN, moves forward to drive Thailand to become a destination for foreign investors and entrepreneurs, aiming to boost Thailand’s Foreign Direct Investment (FDI). Highlighting its comprehensive startup and tech entrepreneur ecosystem, True Digital Park joins forces with the Board of Investment of Thailand (BOI) to attract foreign investors by offering a one stop service that streamlines the business setup process via TDPK International Service Center. The services ensure that international entrepreneurs can seamlessly establish and grow their businesses in Thailand, reducing complexity and enabling a fast-track to success. The center covers essential services both for businesses and long-term residency to attract wealthy global citizens and highly skilled professionals to Thailand. True Digital Park also hosts the Thailand Fast Track event to foster global partnerships, reinforcing confidence in the nation’s investment-friendly policies. This effort reaffirms Thailand’s position as one of ASEAN’s most attractive investment destinations.
According to ASEANstats’s report about the Foreign Direct Investment (FDI) inflows of 10 ASEAN nations, Thailand was ranked 6th with a continued decline in growth. In 2024, Thailand’s FDI stood at approximately 4.5 billion U.S. dollar, a sharp drop from 11.2 billion U.S dollar in 2023. Despite this, ASEAN remains an attractive investment destination, with FDI inflows continuing to rise across the region. However, among an increasingly competitive market to attract foreign capital, Thailand needs to urgently enhance investment promotion efforts, strengthen collaboration across sectors, and boost its economic potential and competitiveness to secure a greater share of FDI within ASEAN, as shifting of foreign investment to neighboring countries leads to a decline of new investment projects, creating impact to job employment and economic growth.
Dr. Tarit Nimmanwudipong, General Manager of True Digital Park, stated that True Digital Park has joined forces with the Board of Investment of Thailand (BOI) for over six years to build a strong partnership network aimed at attracting foreign investors and entrepreneurs to Thailand. Under this collaboration, True Digital Park has been officially appointed by BOI as a Certified Agent, authorized to assist foreign nationals in applying for Long-Term Resident (LTR) Visas and providing comprehensive market-entry support in Thailand. To streamline this process, the TDPK International Service Center was established as a one-stop service center catering to both business and residency needs. True Digital Park has facilitated the approval of over 100 SMART “S” Visas for entrepreneurs from 32 nationalities, enabling them to establish businesses across various industries, including digital technology, finance, entertainment, and education. The majority of these entrepreneurs hail from Asia and Europe respectively. We have also supported over 50 highly skilled professionals and investors from 15 nationalities in securing long-term resident visas. Currently, more than 300 multinational companies linked in True Digital Park’s ecosystem, either through our Global Startup program or by leasing office spaces and co-working spaces.
Working closely with the BOI and foreign investors from around the globe has given us deep insights into the challenges international entrepreneurs face in moving to Thailand. One of the biggest hurdles is the lack of centralized services, making it difficult to navigate essential processes such as visa applications, securing workspaces, obtaining legal consultation, finding accommodations, and accessing business networks. This fragmentation creates unnecessary complexity and serves as a significant barrier for foreigners looking to establish businesses and settle in Thailand.
True Digital Park’s comprehensive ecosystem concretely addresses challenges of business establishment and residency in Thailand. Through the TDPK International Service Center, we seamlessly connect foreign entrepreneurs and investors with over 5,800 partners across various industries, including global tech giants, leading private organizations, academic institutions, government agencies, emerging tech entrepreneurs, and startups. Our end-to-end services cover key areas such as legal support, finance, investment, and business development, significantly reducing complexity and fast accessing essential services with reliable and affordable cost. Most importantly, international entrepreneurs can get advice with our professional consultants on Thailand’s market landscape to explore new business opportunities and accelerate their business growth in Thailand.
Connecting All Possibilities from Overseas to Thailand
The TDPK International Service Center offers one-stop services for both business and long-term residency in Thailand including
- Visa Services
True Digital Park supports BOI’s policies by facilitating long-term stays in Thailand legally through various visa services, including Long-Term Residence (LTR) Visa, Thailand Privilege Card, SMART Visa for entrepreneurs and startups and Destination Thailand Visa (DTV). Beyond visa services, True Digital Park also provides guidance on relocation, healthcare, and insurance, ensuring a smooth transition for foreign residents.
- Comprehensive Services for Businesses
Offering business consultation services, covering legal advisory, company registration, and networking opportunities with potential investors and business partners as well as office space rental to establish a registered business address in Thailand.
- Enriching Lifestyle Experiences for expatriates
Enhance the living experience of foreign residents with various facilities such as fitness centers, spas, restaurants, and international schools, as well as social community such as running clubs and other recreation activities.
“True Digital Park is proud to be a driving force in attracting foreign investors to Thailand and aims to double the number of foreign investors and entrepreneurs landing in Thailand through TDPK International Service Center by 2025. We keep focused on delivering comprehensive, high-quality services, while also fostering a business-friendly ecosystem that nurtures growth and innovation. Alongside this, we continue to develop cutting-edge business infrastructure, build strong network partnerships, and create an environment that attracts talents from around the world. We believe that our continued efforts will drive foreign business expansion in Thailand, accelerate digital economy growth, and enhance the country’s competitiveness in global landscape.” Dr. Tarit concluded.
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