Main Industries

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  HI-TECH INDUSTRIES

  Long-term encouragement of foreign investment has led to many high-profile companies setting up manufacturing operations in Thailand, bringing with them international technology and training a highly skilled workforce. Today, Thailand is a world renowned production center for a number of hi-tech industries.

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  Food, Health & Beauty Products

  In recent years, Thailand’s manufactures have adopted the latest equipment and technology, added style and design ingenuity to achieve a rich diversity of quality products that are catching on around the world. In effect they are using traditional skills to paint Thai product with innovation and creativity , breathing a freshness and difference to help them stand out international markets.

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  Fashion Industries

  Bangkok has been branded the ASEAN Fashion Center for the leading role it plays in the region in terms of design and quality of its textiles, garments and leatherwear. However, Bangkok is even more renowned around the world as a trading and design center for its very large gems & jewelry industry, one of the country’s top exports.

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  Furniture Industry

  Thailand is internationally renowned for its eye-catching traditional and modern furniture products ,the result of fine Thai creativity and craftsmanship.Thai manufactures utilize a wide range of fine Thai creativity and craftsmanship.Thai manufacturers utilize a wide range of environmentally friendly materials such as para wood cut from aging rubber plantation trees, bamboo, wicker and water hyacinth in conjunction with rich, home-produced cotton and silks , to create quality furniture with attractive designs.

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  Dynamic Service Sector

  The success of the tourism industry introduced the world not only to Thailand, but to the country’s best kept secret—its wonderful service industries. At first it was the simple pleasure of Thai cuisine and traditional Thai massage, However, with the expansion of the Thai economy, the service sector has exploded with high potential on the international stage.

THAILAND

• Doing Business

  International entrepreneurs and investors looking at business opportunities in Thailand should be encouraged by the World Bank’s Doing Business 2009 report, which ranked Thailand 13th for ease of doing business in a comparative survey of 181 countries, and 4th in Asia.

• Trade Nation

  The country’s ongoing economic growth is based on its strong export performance of quality products and services, Diversification is the new byword, based on one-stop sourcing to create a wide range of value-added products imbued with Thai design and ingenuity, seeking new markets and trading partners, strategies to encourage the establishment of Thai services in other countries, support for Thai entrepreneurs wishing to invest overseas, and the continued evolution into a regional hub for transport by land, sea and air, medical services, autos and autos and parts, fresh and processed food, gems and jewelry, electronics & IT, tourism etc.

• Trade Agreements

  To maintain the competitiveness of its exports, Thailand has negotiated free trade agreements with Australia, China, India, Japan, New Zealand, Peru and ASEAN. These eliminate or reduce tariffs on a variety of goods, which will likely provide foreign businessmen with substantial opportunities to increase trade with Thailand. As a member of ASEAN, Thailand is involved with ongoing negotiations for an ASEAN –European Union free trade agreement that could strongly enhance exports between two major trading blocs.

• Investing in Thailand

  Thailand encourages foreign investment in its open, market-oriented economy as a means of. Promoting economic development, employment and technology transfer. The Board of Investment (BOI) helps shape the investment drive with packages of incentives for establishing trading companies and manufacturing plants, while pointing to a skilled workforce, high labor productivity, advantageous production costs, political stability, well-run industrial estates, affordable cost of living and ease of access to ten ASEAN countries as inducements. For further information on investment opportunities, visit ‘www.boi.go.th’

THAILAND HUB OF ASIA

In business, location matters and Thailand is ideally placed to present entrepreneurs with competitive business advantages. As Asia’s financial, commercial, aviation and communications hub, Thailand offers a perfect blend of attributes to facilitate business activities and trade networking.