[2] In 1941, the prime minister of Thailand, Field Marshal Plaek Phibunsongkhram, gave orders to build a national boxing stadium on Rajadamnern Avenue.

Impresse Italiane All' Estero-Oriente won the construction rights, and the 258,900 baht project foundation stone was laid on 1 March 1941.

[3][4] Due to the lack of construction supplies during World War II, the project was halted until August 1945.

[3] In 1984, Rajadamnern Stadium ranked the top 10 Muay Thai fighters of all time, as follows:[8] Chuwattana Muay Thai & Boxing camp is the official promoter for Rajadamnern Stadium, licensed by the Thailand Boxing Commission.

The investment aims to revolutionize and introduce "The New Era of MuayThai" to new generation of sports fan around the world by building Rajadamnern Stadium to be a Global Hub of MuayThai and modernizing media & content strategy.

The security service at Rajadamnern Stadium is managed by armed military police.