The center is regarded as a public asset according to the Thai Ministry of Finance's Treasury Department.

In September 1987, Suthee Singhasaneh, the Minister of Finance, and Kamchorn Sathirakul, the Bank of Thailand Governor jointly signed a deal between the Royal Thai Government and the World Bank/International Monetary Fund (IMF) to host the 46th Annual Meeting of the Boards of Governors of the World Bank Group and IMF in Bangkok between 1 October to 15 October 1991.

To ensure that the center would be completed on time, a design-build delivery system was used and the construction started in 1 November 1989.

[5] The convention center was closed for a 12 billion baht renovation on 26 April 2019 and reopen on 12 September 2022 with three times the original venue space.

[6] On 9 February 2022, Queen Sirikit National Convention Center was selected as the main meeting venue of APEC Thailand 2022 which will be held between 16-19 November 2022.