Anutin denies Japanese firms are leaving Thailand amid EV shift
WELLINGTON, New Zealand — 21 August 2026, Prime Minister and Interior Minister Anutin Charnvirakul has dismissed reports that Japanese investors are moving their production bases out of Thailand, saying the government will not abandon long-standing investors and will fully support the country’s traditional automotive industry. Anutin said the government places importance on investors from all […]…
Wellington, New Zealand, 21 August 2026 — Prime Minister and Interior Minister Anutin Charnvirakul has firmly denied reports that Japanese firms are relocating their production facilities out of Thailand. Speaking on the significance of the automotive industry, Anutin emphasized that the government remains committed to supporting longstanding investors and will continue to foster Thailand's traditional automotive sector.
Anutin highlighted the deep integration between Japanese investors and Thailand's industrial landscape, noting that most components, including engines, vehicle bodies, chassis, and various systems, are produced in Thailand by Japanese brands. He affirmed that the government is prepared to modify business conditions and eliminate obstacles to maintain Japanese investors' confidence in Thailand.
Anutin also addressed the electric vehicle (EV) sector, stating that a review of EV-related rules is being conducted by Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas to ensure a level playing field for all countries, including Japan. He assured that the government will consider restructuring measures to guarantee fair competition and maintain the confidence of international automakers.
Acknowledging the initial reliance on imported components for EV manufacturers, Anutin expressed optimism about the emergence of new domestic supply chains, including batteries and computer systems, which will encourage manufacturers to establish production in Thailand. Anutin reinforced the government's commitment to political and economic stability as vital factors in attracting and retaining long-term investment.
Foreign investment in Thailand, reaching over Bt530 billion in the first half of 2026, demonstrated that there is no indication of production bases moving out or foreign investment slowing down due to concerns over Thailand's preparedness.
Written by urgent.news from Khaosod English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.