MUNICH, GERMANY – Media OutReach Newswire – 25 June 2026 – EVB successfully concluded its June 23–25 exhibition at Power2Drive Europe 2026 at Messe München, where it connected with global industry professionals and highlighted its latest EV charging, energy storage, and power management solutions for cleaner, smarter, and more efficient energy systems.
Power2Drive Europe is a leading international exhibition for charging infrastructure and e-mobility. It brings together global players in EV charging and sustainable mobility, making it a key platform for industry exchange and innovation.
Showcasing Advanced Charging Technologies
Highlighting its PTB-certified technologies, EVB presented charging solutions for residential, commercial, fleet, and public applications.
Floor-mounted AC EV Charger: Featuring a 21-inch LCD touch screen, POS payment, and ISO 15118-2 certification, it combines EV charging and digital advertising for retail, parking, and urban charging hubs.
Liquid-Cooled DC Charger: With up to 480 kW output and a modular design that supports independent operation, it is built for high-demand public and commercial charging scenarios, delivering reliable performance with easier operation and maintenance.
Split MW DC Charger: A 2 MW high-power charging solution for electric trucks, logistics fleets, ports, and industrial applications, supporting MCS/CCS interfaces, smart power sharing, and expandable DC outputs.
EVB also showcased its award-winning BUDC Ultra Fast Charger 150 kW, an ultra-thin dual-gun charger honored with Red Dot and iF Design Awards. Featuring a 75 kW liquid-cooled module and a slim 100 mm body, it delivers reliable, low-noise fast charging for space-limited scenarios.
Integrated PV, Storage and Charging Solutions
Beyond EV charging products, EVB showcased integrated PV, energy storage, and charging solutions for diverse application scenarios. By combining solar power, energy storage, and charging infrastructure, EVB helps customers improve energy efficiency, optimize power use, and reduce operating costs.
Strengthening Global Partnerships
The exhibition enabled EVB to strengthen partnerships and explore new collaborations, with discussions focused on fleet electrification, commercial deployment, and integrated energy infrastructure. Hashtag: #ZhejiangBenyiNewEnergyCo
The issuer is solely responsible for the content of this announcement.
About EVB
EVB is a global provider of smart EV charging solutions.Backed by over 100 patents and international certifications, EVB has a presence in nearly 70 countries and has delivered more than 25,000 projects worldwide, providing reliable, high-speed, and eco-friendly charging infrastructure to support the clean energy transition.
For more information, please visit www.evb.com or contact info@evb.com.
Emirates SkyCargo has expanded its freighter network across East and Southeast Asia, adding capacity on key manufacturing corridors as exporters seek faster links to markets across the Middle East, Africa, Europe and the Americas. The Dubai-based carrier said it moved more than 439,000 tonnes of cargo on freighter and passenger flights from 12 markets in East and Southeast Asia during FY2025/26, an increase of about 5 per […]
Arabian Post Staff -Dubai Abu Dhabi has awarded ADNOC and six international partners a major concession to develop and produce gas from the Bab Gas Cap, strengthening the emirate’s drive to expand domestic gas supply and reinforce its position in global energy markets. The concession was granted by the Supreme Council for Financial and Economic Affairs, with ADNOC taking a 60 per cent participating interest. The remaining […]
BANGKOK, THAILAND – Media OutReach Newswire – 25 June 2026 – SCG, ASEAN’s leading low-carbon cement manufacturer, co-hosted Cemtech ASIA 2026, a world-class conference and exhibition for the global cement sector held from June 14 to 17, 2026. Driven by a shared commitment to accelerating low-carbon transition and achieving Net Zero goals, industry executives and experts from across the world gathered to explore breakthrough innovations, expand business networks amidst global challenges, and navigate sustainable business transformations in response to tightening environmental regulations and resource conservation demands.
Mr. Surachai Nimlaor, President of SCG Cement and Green Solutions
At Cemtech Asia 2026, SCG demonstrated its commitment to advancing the cement industry through tangible low-carbon cement innovations. Mr. Surachai Nimlaor, President of SCG Cement and Green Solutions, stated:
“As the region’s leader in the low-carbon cement industry, SCG is dedicated to developing breakthrough innovations that minimize resource consumption and maximize eco-friendliness. By steadily reducing carbon dioxide emissions, we directly address the evolving demands and adaptation challenges of the construction industry across ASEAN and global markets.”
Alongside showcasing its cutting-edge LC3 low-carbon cement prototype at the exhibition, SCG hosted an exclusive site visit to its Ta Luang Cement Plant in Saraburi Province for global delegates. Key highlights of the showcase and tour included:
SCG LC3 Structural Cement: Developed from limestone, calcined clay, and specialized additives, this next-generation low-carbon cement reduces CO2 emissions by up to 30–40%. Its production process incorporates up to 40% biomass alternative fuels (such as rice husks and straw) and over 35% renewable energy. This is achieved without compromising any product performance or structural integrity, with its environmental performance independently verified through an Environmental Product Declaration (EPD).
Rondo Heat Battery: SCG has pioneered ASEAN’s first installation of the Rondo Heat Battery at the Ta Luang Cement Plant. Developed in collaboration with Rondo Energy, this breakthrough thermal energy storage solution converts intermittent renewable power into high-temperature thermal energy, storing it at up to 1,500°C in thermal media. With an exceptional energy recovery efficiency of up to 97% and a lifespan exceeding 40 years, the system provides a continuous 24/7 supply of clean heat, supporting the decarbonization of industrial manufacturing processes.
Refractory Solutions by The Siam Refractory Industry Co., Ltd. (SRIC): As a leading global refractory solutions provider, SRIC showcased its advanced technologies and innovative solutions designed to enhance operational efficiency, reliability, and sustainability, including:
Anti-Hydration Brick: The world’s first Anti-Hydration brick, extending shelf life from 6 to 24 months. This breakthrough innovation helps minimize material degradation, reduce production downtime, and improve overall operational efficiency.
Thermal Media for Heat Battery: Co-developed with Rondo Energy, these high-performance heat storage blocks deliver up to 97% thermal efficiency, enabling reliable 24-hour energy availability and supporting the transition toward cleaner industrial energy solutions.
Solar Floating: Installed at the Ta Luang Cement Plant, this floating solar array generates 16.6 million kWh of clean electricity annually, cutting greenhouse gas emissions by over 8,000 tons of CO₂ equivalent per year. By repurposing the plant’s industrial reservoirs, the system optimizes resource efficiency and highlights SCG’s integration of green energy into heavy industry.
As co-host of Cemtech ASIA 2026, SCG reaffirmed its role as a trusted industry leader on the global stage. The event served as a major catalyst for expanding business networks and facilitating high-level technology and knowledge exchanges with world-class industry players. Moving forward, SCG is dedicated to cultivating global alliances to propel Thailand’s cement industry toward a Net Zero pathway, solidifying its position as ASEAN’s cement leader.
Watch the video:
CEMTECH ASIA 2026 | SCG Driving ASEAN’s Cement Industry Towards Net Zero
Cornell University undergraduates have won the grand prize at The Farm Robotics Challenge with an autonomous robot that kills weeds using targeted electric shocks, strengthening investor interest in farm automation as growers look for alternatives to herbicides, fuel-heavy machinery and costly manual labour. The winning project, developed by Rootline Robotics, beat 95 other teams in the 2026 competition, which drew entries from 13 countries and spanned schools, […]
Arabian Post Staff -Dubai AD Ports Group has lifted its ownership of Global Feeder Shipping to 81 percent after buying an additional 30 percent stake for $300 million, deepening Abu Dhabi’s position in regional container shipping at a time of persistent disruption across key maritime corridors. The transaction, valued at AED1.1 billion, gives the group stronger strategic and operational control over one of its most important maritime […]
State-backed hacking groups are increasingly borrowing ransomware tactics to conceal cyber-espionage campaigns, with Iran-linked MuddyWater emerging as a prominent example of a wider shift blurring the boundary between criminal extortion and intelligence operations. NCC Group has warned that threat actors tied to governments are using ransomware branding, extortion notes, victim leak sites and negotiation channels not only to increase pressure on targets but also to complicate attribution. […]
41 local tech firms, institutes and university spin-offs head to San Diego to forge global partnerships, reinforcing the city’s status as international healthcare innovation hub
HONG KONG SAR/SAN DIEGO, UNITED STATES – Media OutReach Newswire – 24 June 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP), in collaboration with InvestHK as co-organiser, the Hong Kong Trade Development Council (HKTDC) as supporting organisation, and five renowned local universities – The University of Hong Kong, The Chinese University of Hong Kong, The Hong Kong University of Science and Technology, The Hong Kong Polytechnic University and City University of Hong Kong – to form the city’s largest-ever delegation of life and health technology innovators to the BIO International Convention 2026 (BIO 2026) in San Diego, from June 22 to 25.
In collaboration with InvestHK and HKTDC, HKSTP led a delegation of 41 park companies, institutes and spin-offs from five renowned local universities to showcase the Hong Kong’s life and health technology innovations at BIO 2026 in San Diego.
Building on last year’s momentum, the 2026 Hong Kong delegation doubled the size of the Hong Kong Pavilion, expanding to a record of 41 organisations from HKSTP, including partner companies, research institutes, and for the first time with top five universities spin-offs. This landmark presence showcased Hong Kong’s deep strength across AI-enabled biotech, therapeutics, diagnostics, and pharma innovation, with potential outstanding “First-in-Class” and “Best-in-Class” assets. The delegation underscores the city’s leading role as Asia’s largest and the world’s second largest fundraising hub for the biotechnology sector.
Mr. Terry Wong, CEO of HKSTP, said, “BIO 2026 is a premier platform to showcase Hong Kong’s groundbreaking innovation, deepen partnerships, and open new pathways into global healthcare markets. As a super-connector, Hong Kong is uniquely positioned to bridge global innovators with opportunities across Asia and beyond. With strong R&D capabilities backed by world-class universities—five ranked among the QS Top 100, including two with medical schools now placed in the global top 20—Hong Kong’s biotech and medical research excellence is increasingly recognised worldwide. As the city’s innovation ecosystem orchestrator, HKSTP brings together talent, capital, research institutions, clinical partners, and industry leaders to accelerate the journey from discovery to impact. We will continue to empower life and health technology ventures, translating innovation breakthroughs into life-changing solutions that benefit communities around the world.”
HKSTP and Park Companies Advanced in Cross-border Innovation and Market Expansion
A key highlight of BIO 2026 is witnessing the signing of three major strategic partnerships:
LabCentral — HKSTP signed an MOU with one of the largest global non–profit biotech incubators, supporting life sciences startups with high-impact lab infrastructure and scientific community programmes. The collaboration will deepen ties between the U.S. and Hong Kong life sciences ecosystems through startup support, ecosystem engagement, and co-developed programmes, events and strategic initiatives. It will also help connect startups, investors, corporate partners and research institutions, creating stronger pathways for cross-border innovation and commercialisation.
Immuno Cure – the developer of the first-in-human novel therapeutic HIV vaccine ICVAX – announced its collaboration with OPIS, an international Contract Research Organization (CRO), at BIO 2026. Leveraging OPIS’s full-service, multi-country clinical trial expertise and regulatory knowledge, the partnership will support overseas clinical trial execution and establish a global framework to prepare for international expansion.
Zhaoke Ophthalmology signed an MOU with Laboratório Teuto, the first company to produce generic medicines and OTCs (Over the Counter – Prescription Exempt Medicines) in Brazil, to explore cross-border cooperation in ophthalmology. This is Zhaoke’s first strategic MOU in Brazil market. Leveraging its innovative pipeline and Teuto’s commercial network in Brazil, the partnership aims to bring advanced eye care treatments to Latin American patients while demonstrating the globalisation of Hong Kong-born biotech innovation.
Beyond the BIO 2026 Hong Kong Pavilion, HKSTP CEO Mr Terry Wong attended the “Translating Innovation Across Borders: Creating Global Gateways for Biotech Startups” panel sharing session. Mr. Wong shared his insights on cutting-edge biotech trends, Hong Kong’s strengths on life and health tech development, and HKSTP’s role in building a global bridge for nurturing global startup expansion, sustainable innovation and collaboration.
Furthermore, HKSTP and five Hong Kong university delegates visited the Salk Institute, home to six Nobel Laureates during BIO 2026 to explore partnerships and shape global biotech momentum through collaborative platforms. HKSTP, in collaboration with InvestHK as co-organiser, HKTDC as the supporting organisation, and powered by the Hong Kong Economic and Trade Office in San Francisco, hosted a Global Mixer during the exhibition. Industry leaders, incubators, and venture capital firms – including Bayer Pharmaceuticals, Johnson & Johnson Innovation, LabCentral, Roche, Simcere Pharmaceutical, and T.Rx Capital – were invited to join the judging panel for startup pitching sessions. The Pavilion also featured executive sharing and curated networking events for commercialisation, licensing, partnerships, investment and international market expansion.
Global recognition at Biomedical Pitch Competition
In the lead-up to BIO 2026, HKSTP actively drove engagement across the biotech sector and co-organised the 2026 Biomedical Pitch Competition with the Boston Capital Investment Club in Boston on May 23 and 24. Competing against around 170 biotechnology companies worldwide, HKSTP park company Meta Pharmaceuticals (HK) Limited won Third Place for its next-generation autoimmune therapeutics. The recognition underscores the strength of Hong Kong’s biotech pipeline and HKSTP’s commitment to translational medicine, commercialisation and globally scalable healthcare solutions.
HK’s biotech ecosystem rises to another level
Hong Kong continues to expand its global healthcare footprint as the world’s second-largest biotech fundraising hub. As Hong Kong’s flagship innovation and technology ecosystem, HKSTP is home to more than 300 life and health technology companies and helps innovators turn pioneering ideas into real-world impact. Its ecosystem connects capital, talent, infrastructure and market access across the biotech innovation journey.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 13 unicorns, more than 17,000 research professionals and over 2,500 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.
Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.
Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.
Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues to contribute in establishing I&T as a pillar of growth for Hong Kong.
More information about HKSTP is available at www.hkstp.org.
Bajaj Auto has disclosed a ransomware attack that affected its systems and those of its wholly owned technology subsidiary, Bajaj Auto Technology Limited, adding another listed manufacturer to the widening roster of companies forced to make cyber-risk disclosures to investors. The Pune-based two- and three-wheeler maker said the incident took place on 23 June at around 8am IST. Technical teams, senior management and external cybersecurity specialists responded […]
HONG KONG SAR – Media OutReach Newswire – 24 June 2026 – Paris VivaTech 2026, Europe’s largest startup and technology event, has successfully concluded. The Hong Kong Productivity Council (HKPC) led four top Hong Kong innovation and technology (I&T) enterprises in a strong showing, presenting Hong Kong’s cutting-edge technologies in emerging and future industries, including smart mobility, green technology, advanced manufacturing and the low-altitude economy, to global industry leaders, technology experts and investors from around the world. This year, the Hong Kong Trade Development Council (HKTDC), in partnership with the Hong Kong Economic and Trade Office in Brussels as a Strategic Partner, has set up the “Hong Kong Tech Pavilion”. As one of the supporting organisations, HKPC collaborated with various partners to collectively advance the growth of Hong Kong’s vibrant I&T ecosystem.
Through “The Cradle – Go Global Service Centre”, HKPC actively empowers Chinese Mainland and Hong Kong enterprises to expand into global markets.
As one of the members of the Hong Kong Special Administrative Region (HKSAR) Government’s GoGlobal Task Force, HKPC provides enterprises with “Six Tactics to Go Global” through “The Cradle – Go Global Service Centre” (The Cradle), delivering comprehensive going-global services spanning smart manufacturing, international standards and testing services, as well as technology R&D and evaluation. HKPC actively empowers both Chinese Mainland and Hong Kong enterprises to expand into global markets. Simultaneously, HKPC is actively enabling European and international enterprises to access the Chinese Mainland market through Hong Kong, fully building a seamless, two-way bridge that highlights Hong Kong’s unique strategic advantage as an indispensable “two-way springboard”.
Mr Yonghai DU, Chief Innovation Officer of HKPC, attended the Hong Kong Seminar-cum-Networking Reception, themed “Building Resilient Tech Ecosystems: Powering the Next Wave of International Tech Leadership from Hong Kong,” organised by the HKTDC, engaging in in-depth exchanges with global industry leaders to advance Hong Kong’s position as an international I&T centre connected to the global innovation ecosystem.
Empowering Local I&T Enterprises to Seize Global Business Opportunities, Deepening Two-way Collaboration Between the Chinese Mainland and Europe
Mr Yonghai DU, Chief Innovation Officer of HKPC, said: “As one of the world’s leading technology events, VivaTech serves as an exceptional gateway for Hong Kong’s I&T enterprises to step onto the international stage. HKPC continues to lead the industry in participating in prestigious exhibitions at home and abroad, showcasing Hong Kong’s R&D strengths in full. Hong Kong’s unique advantage in integrating with the world allows it to provide high-quality strategic support that helps Chinese Mainland and Hong Kong enterprises to ‘go global’, while also serving as a key ‘two-way springboard’ that helps outstanding European and international enterprises entre the Chinese Mainland market through Hong Kong. HKPC will continue its unique position as a bridge, driving complementary strengths and fostering mutually beneficial collaboration across regions.”
He added that since its establishment, “The Cradle” has received more than 500 expressions of interest and has provided over 300 projects with go global services, including preliminary assessments, smart manufacturing technologies, testing and certification, as well as on-site visits. Drawing on HKPC’s extensive experience in leading enterprises to go global, HKPC will continue to empower more I&T enterprises successfully expand overseas and tap into global markets.
Top-tier and Diverse I&T Achievements Make Their Debut, Shining on the European Tech Stage
The four participating Hong Kong I&T enterprises showcased a range of cutting-edge technology fields to the European market at the “Hong Kong Tech Pavilion”, including Asgard Group Limited, specialising in smart energy and EV charging solutions; Laputa Eco-Construction Material Company Ltd, which develops sustainable construction technology, specialising in carbon capture and utilisation technologies; Oriental Materials Hong Kong Limited, which focuses on advanced manufacturing and manufacturing of semiconductor equipment; and Harmony SkyTech Limited, which specialises in the low-altitude economy and unmanned systems.
Representatives from all four I&T enterprises agreed that their participation helped them tap into cross-regional business opportunities, making a significant landmark for Hong Kong’s I&T sector, while HKPC’s “The Cradle” provided indispensable professional team support, helping them align precisely with international technical standards and localise their products, serving as a solid backing for their cross-regional expansion and rapid entry onto the international stage. Hashtag: #HKPC
The issuer is solely responsible for the content of this announcement.
About Hong Kong Productivity Council
The Hong Kong Productivity Council (HKPC) is a statutory body established in 1967, dedicated to enhancing the productivity and competitiveness of Hong Kong enterprises through world-class applied R&D, innovative technology services, and integrated manufacturing solutions. As a market-oriented, international R&D organisation, HKPC leverages its deep expertise and extensive industry experience in key areas such as AI, advanced manufacturing, life and health technology, green technology and new energy to drive new industrialisation and support the growth of emerging and future industries.
HKPC focuses on addressing businesses challenges and industrial technology needs, promoting the full integration between technological and industrial innovation. Through technology transfer, product innovation, intellectual property protection and commercialisation of R&D outcomes, the Council fosters collaboration with the local business community as well as top global R&D institutions, delivering added value to industries and advancing the development of new productive forces. HKPC’s world-class R&D achievements have been widely recognised over the years, winning an array of local and overseas accolades, reinforcing Hong Kong’s role as an international innovation and technology centre and a smart city.
To help enterprises capitalise on Hong Kong’s strengths in international connectivity to expand into global markets, HKPC offers comprehensive overseas expansion services tailored to critical areas including product development, technology, manufacturing, and management, enabling businesses to successfully go global from Hong Kong.
HKPC is also committed to providing timely and practical support to SMEs and startups with timely and practical , assisting them in accessing Government funding programmes. Through its FutureSkills training initiatives, HKPC helps both industry and academia stay ahead in latest digital and STEM technologies, nurturing a future-ready talent pool for Hong Kong.
Electric Way has broken ground on a 125,000 sq ft expansion of its distribution centre at National Industries Park in Dubai, a move aimed at more than doubling its operating capacity as demand rises from construction, utilities, manufacturing and data centre projects across the region. The extension is designed to strengthen the company’s bulk order fulfilment, warehousing, kitting and supply chain operations for electrical products including cables, […]
Japan’s ITOCHU Corporation has taken a strategic stake in Abu Dhabi-based Sirius Aviation Capital Holdings, strengthening the emirate’s position as a base for aircraft investment at a time when airlines are extending the use of mid-life jets to offset delivery delays and capacity constraints. The transaction brings one of Japan’s largest trading and investment groups into the shareholder base of Sirius, an aviation investment manager headquartered in […]
Arabian Post Staff -Dubai Hafeet Rail has begun laying tracks on the planned UAE-Oman railway, moving the Gulf’s first cross-border rail link from heavy civil construction into a more visible phase of delivery as the two countries seek to deepen trade, tourism and logistics ties. The 238-kilometre railway, being developed by Hafeet Rail, will connect Sohar Port with Abu Dhabi through Al Ain and Al Buraimi, linking […]
Arabian Post Staff -Dubai Passenger rail travel in the UAE will enter a new stage on 30 June 2026 when Etihad Rail begins an introductory operational phase between Abu Dhabi and Fujairah, reducing the journey to one hour and 45 minutes and opening the first public route on the country’s national passenger network. The service will start from Mohamed bin Zayed City Passenger Train Station in Abu […]
Dubai WoodShow 2026 opened with deals worth more than AED150 million, strengthening the exhibition’s role as a regional marketplace for timber, woodworking machinery, furniture inputs and advanced manufacturing technology. The three-day trade event, running from 22 to 24 June at Dubai World Trade Centre, has drawn more than 400 exhibitors from over 45 countries, with more than 600 international brands and five country pavilions. The opening-day transactions […]
BANGKOK, THAILAND – Media OutReach Newswire – 23 June 2026 – Prime Minister Anutin Charnvirakul formally launched Thailand FastPass at Government House, mobilizing over USD 21 billion (approximately 700 billion baht) in strategic high-tech investment. The program integrates eight government agencies to cut regulatory approval timelines by up to 50 percent, accelerating approved investments from license to operating factory.
FastPass targets high-value sectors including advanced electronics, aerospace technology, precision machinery and automation systems, and recycled plastics.
By coordinating eight key government agencies—including Thailand’s Board of Investment (BOI), the Department of Industrial Works, the Customs Department, the Office of Natural Resources and Environmental Policy and Planning (ONEP), the Industrial Estate Authority of Thailand (IEAT), the Energy Regulatory Commission, the Metropolitan Electricity Authority, and the Provincial Electricity Authority—the initiative removes historical friction in permitting, environmental approvals, and infrastructure connectivity.
At the ceremony, the eight agencies formalized their coordination by signing a memorandum of understanding (MOU) committing to reduce approval and licensing timelines by 20 to 50 percent across key investment milestones, including factory permits, free-zone processing, environmental impact assessments, and power grid connections.
The ceremony drew more than 300 attendees, including foreign diplomats, international chambers of commerce, and multinational executives.
“In today’s global economy, speed is the ultimate competitive differentiator,” said Mr. Anutin Charnvirakul, Prime Minister of Thailand. “The Thai government is shifting from regulator to active business facilitator. By removing regulatory hurdles, increasing speed, and ensuring policy transparency, we are driving physical investments that will generate next-generation employment and secure Thailand’s long-term regional competitiveness.”
The push to turn approved projects into physical factories follows a historic surge in investment applications. BOI received a record USD 54.5 billion (approximately 1.8 trillion baht) in investment applications in 2025. Momentum has carried into 2026, with first-quarter applications already exceeding USD 30.3 billion (approximately 1 trillion baht).
The USD 21 billion total spans two FastPass cohorts. In the first phase, FastPass resolved regulatory bottlenecks for 76 previously approved projects valued at over USD 14.4 billion (approximately 474 billion baht). Today’s ceremony launched the second cohort: 25 projects from 23 companies worth USD 6.7 billion (approximately 223 billion baht), each receiving a formal Thailand FastPass certificate.
“We are focusing heavily on ‘realized investment’ entering the actual economy,” said Mr. Ekniti Nitithanprapas, Deputy Prime Minister and Minister of Finance. “The FastPass mechanism is designed to deliver immediate, concrete economic results in the short term, while laying down long-term structural benefits that will distribute wealth across our broader economy. These 25 pilot projects from 23 companies are projected to generate over 13,000 high-skilled jobs. Combined with the 76 projects cleared under FastPass in the preceding phase, total investment mobilized by the program exceeds 700 billion baht.”
This mechanism converts corporate capital into domestic benefits across five key dimensions: driving investment-led GDP growth, generating high-skilled careers, transferring technical know-how, integrating local SMEs, and creating localized economic multipliers within regional communities.
“The FastPass program fundamentally changes how Thailand works with global investors,” said Mr. Narit Therdsteerasukdi, Secretary-General of the BOI. “We put eight agencies into one pipeline. Permit timelines that once stretched for months can now be cut by up to half. That gets factories built, creates high-skilled jobs, and pulls Thai suppliers into global supply chains.”
Global corporations participating in the FastPass program cited Thailand’s strategic location, modern infrastructure, robust supply chains, skilled workforce, and favorable investment policies as the key drivers for their expansion.
“Thailand possesses the talent, infrastructure, and policy support necessary for next-generation industries,” said Mr. Simon Gwozdz, CEO of Equatorial Space (Thailand) Co., Ltd., a developer of low-Earth orbit space launch vehicles. “The BOI’s one-stop coordination significantly reduces regulatory complexity.”
“The availability of raw materials, infrastructure, and proactive government support were critical in our decision to anchor our regional operations here,” said Mr. Donald Carpenter, CFO of U.S.-based PureCycle Technologies, Inc. “The FastPass mechanism directly improves our operational efficiency.”
“The speed of obtaining factory licenses under the scheme has accelerated our operational readiness, creating a smoother path to scale,” said Mr. Larry Foo of SAM Precision (Thailand), a Malaysia-based manufacturer of precision components for the semiconductor industry.
“The depth of Thailand’s electronics supply chain and supportive state policies were critical to our investment decision,” said Mr. Kris Leetavorn, Director of Advanced Connection Technology, a high-density printed circuit board (PCB) manufacturer. “The FastPass program drastically simplifies state coordination, allowing us to hit aggressive deployment timelines.”
To demonstrate Thailand’s readiness for advanced industries, the government showcased technologies currently being deployed or manufactured in Thailand, including humanoid robotics, LiDAR sensor systems, aerospace technology, and advanced electronics.
“Thailand FastPass proves what is possible when all agencies move in the same direction—approved investments actually get built,” Mr. Narit concluded. “The world is reshuffling supply chains. Investors need clarity and speed. Thailand is ready to deliver both. We will keep expanding FastPass to cover more permits and more strategic industries, creating quality jobs, strengthening supply chains, and raising Thailand’s long-term competitiveness.”
USD conversion based on a reference exchange rate of approximately 33 baht per USD (Bank of Thailand, June 2026).
The issuer is solely responsible for the content of this announcement.
Thailand Board of Investment
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 sustained economic growth and long-term national competitiveness.
Investment Services Center, PR Section, The Office of the Board of Investment (BOI)
Abu Dhabi sovereign investor Mubadala is reviewing a potential commitment to a private equity project fund seeking to acquire control of MNC Solution, a listed South Korean defence components maker, in a deal that would deepen Gulf exposure to Seoul’s expanding weapons supply chain. The proposed investment would be made through a fund being assembled by Korea Investment & Securities Co. Partners Private Equity Division, which was […]
Arabian Post Staff -Dubai Qatar’s Barzan gas facility was hit by an explosion and fire during start-up operations on Sunday, injuring 54 people and leaving 18 missing at Ras Laffan Industrial City, the country’s strategic energy hub north of Doha. Emergency teams brought the blaze under control after the blast, while search and rescue operations continued around the affected section of the plant. Authorities described the incident […]
Apple is set to work with Intel on designing and manufacturing chips in the United States, President Donald Trump said, signalling a potential breakthrough for Intel’s foundry ambitions and a fresh shift in Washington’s effort to bring advanced semiconductor production closer to home. The announcement, made through Trump’s social media account, has not yet been publicly confirmed by either Apple or Intel. Both companies have declined to […]
Brussels has narrowed its artificial intelligence infrastructure plan by opening the way for smaller and phased data centre projects, signalling a more cautious approach to Europe’s bid to compete with the United States and China in advanced computing. The European Union’s tender framework for AI gigafactories now allows bidders to propose facilities that can grow in stages rather than committing immediately to the largest scale originally envisaged. […]
Arabian Post Staff -Dubai MENA mergers and acquisitions are expected to recover only gradually after war-driven volatility hit confidence, even as bankers say the region’s strategic deal pipeline remains alive. Bank of America expects activity lost during the first half of the year to take months, rather than days or weeks, to return, with transactions delayed by the conflict involving Iran, the US and Israel. The bank’s […]
Leonardo and Abu Dhabi’s EDGE Group have set a target of more than €4 billion in orders over five years for a new defence sensors and systems joint venture, signalling a deeper industrial push by the UAE into high-end military technology and a wider export drive by Europe’s defence manufacturers. The venture, detailed at a Paris event on Wednesday, is expected to begin operations with contracts already […]
Arabian Post Staff -Dubai Saudi Aramco is considering the sale of a stake in its sulphur business as the state-controlled energy group expands a wider drive to unlock cash from infrastructure assets and support Saudi Arabia’s investment-heavy economic transformation. The potential transaction, known internally as Project Yellowstone, could raise as much as $7 billion and would cover assets linked to sulphur storage and export terminals. Aramco invited […]
Oman and Sri Lanka have opened a new channel of investment cooperation centred on special economic zones, free zones and industrial cities, adding momentum to efforts by both countries to attract long-term capital into logistics, real estate, services and manufacturing.
Qais Mohammed Al Yousef, Chairman of the Public Authority for Special Economic Zones and Free Zones, held talks in Muscat with Harsha Amarasekera, Chairman of the Colombo Port City Economic Commission, on opportunities to link the two countries’ zone-development strategies. The discussions covered commercial and real estate development, mechanisms to improve the business environment, and ways to draw high-quality investments into projects designed to support sustainable growth.
The meeting marks a targeted attempt to move bilateral economic ties beyond conventional trade into the management, promotion and regulation of investment destinations. Both sides reviewed experience in developing and administering special economic zones and examined international practices that could raise operational efficiency, improve investor services and strengthen competitiveness.
For Oman, the engagement fits a wider policy push to make economic zones central to diversification under Vision 2040. OPAZ, established in 2020, supervises key destinations including the Special Economic Zone at Duqm, Sohar Free Zone, Salalah Free Zone and Al Mazunah Free Zone, while promoting a network of industrial estates and logistics-led investment sites. The zones offer incentives such as full foreign ownership, capital and profit repatriation, customs advantages and tax exemptions that can run up to 30 years for qualifying projects.
The policy framework was reinforced by Royal Decree 38/2025, which brought special economic zones and free zones under a unified law that took effect in April 2025. The legislation replaced separate legal regimes for free zones and Duqm, introduced clearer provisions for foreign ownership and licensing, and strengthened the case for a one-stop system to cut procedural delays for investors.
Duqm has become the most visible test of that strategy. Oman signed ten agreements and memoranda this month for projects in the zone with estimated investments of $7.5 billion, including a $4.2 billion green hydrogen development by ACME Group. The package underlines how Muscat is using zone-based infrastructure to capture capital in clean energy, downstream industry, logistics and export-linked production.
Sri Lanka approaches the talks from a different but complementary position. The island’s post-crisis recovery has made investment promotion a policy priority, with foreign direct investment crossing $1 billion in 2025. The Board of Investment approved 146 projects worth about $1.9 billion during the year, with manufacturing, port development and tourism accounting for the largest shares of inflows.
Colombo Port City gives Sri Lanka a flagship platform for the dialogue with Oman. Built on 269 hectares of reclaimed land next to Colombo’s central business district, the project is structured as an international service-oriented special economic zone, with an initial investment of $1.4 billion and expected overall investment of about $20 billion when fully developed. Its commission acts as a single-window facilitator for investors and grants incentives for businesses of strategic importance.
The Omani-Sri Lankan conversation also highlighted small and medium-sized enterprises, an area where both economies are seeking wider participation in export growth and innovation. Sri Lanka’s SME base is tied to apparel, services, technology, tourism and light manufacturing, while Oman is trying to deepen local supply chains around ports, industrial estates and energy projects. Collaboration could extend from investor promotion to training, supplier development and zone management systems.
The timing is significant. Sri Lanka remains under an IMF-backed reform programme after its 2022 financial crisis, with fresh financing approved in May to support reserves and policy stability. Growth remains exposed to external pressures, including energy-price volatility and climate shocks, making durable foreign investment more important than short-term inflows. Oman, meanwhile, is positioning itself as a stable Gulf logistics and production base as investors reassess supply chains.
https://www.youtube.com/watch?v=pl9NZ6j_JcA 
www.hkstp.org
