A Message From Our New York Director
Dear Partners, Colleagues and Friends,
Like me, I am sure you have heard the buzz around supply chains and the hurdles companies are going through to get their products made and to market. Supply chain solutions are top of mind for many CEOs around the world as raw materials and component shortages continue to disrupt production lines.
Supply chains are top of mind in Thailand as well. The Thai market is a manufacturing market that specializes in electronics, automotive manufacturing, and many other areas of the industrial and consumer supply chain.
To highlight our capabilities and the Thai companies offering manufacturing and subcontracting solutions, the Thailand Board of Investment and our partners, will be hosting SUBCON Thailand, the ASEAN market's largest manufacturing matchmaking and partnering event, on May 12-15. The feature story in this edition of our newsletter focuses on SUBCON THAILAND. The event will be held in-person and virtually.
We hope to see you all there, as you explore the services that Thai companies can offer your companies.
As always, if you require any assistance with information on investing in or finding a manufacturing partner in Thailand, my team and I stand ready to assist you.
Best regards,
Vorawan Norasucha
Director, New York
Thailand Board of Investment
SUBCON THAILAND
Thailand's Industrial Subcontracting Exhibition
May 12-15, 2021
On May 12-15, SUBCON Thailand, the ASEAN region's most important industrial subcontracting and matchmaking exhibition will be taking place in Bangkok.
The three day event is a platform for foreign companies to forge partnerships with Thai manufacturers and suppliers across a wide-range of industries.
This exhibition is a must for companies interested in exploring manufacturing and supply chain opportunities with Thai companies.
SUBCON Thailand will be a hybrid event, held in-person in and virtually. For more information on the exhibition and to register, please click on the links below.
LATEST NEWS FROM THAILAND
   
AUTOMOTIVE: THAILAND INCREASES ITS TARGETS FOR EV PRODUCTION
Demand for electric vehicles has prompted the Thai Government and manufacturers to increase their goals for EV production
EV Hybrid Vehicle Sales This Year Are Projected to Surpass 50,000
Kasikorn Research Centre expects sales of hybrid electric vehicles (HEV) and plug-in hybrid electric vehicles (PHEV) to rise between 63 and 70 per cent this year, as Thailand makes the transition from combustion engines.
   
GARMIN EXPANDS IN THAI MARKET
Garmin Corporation, a global GPS technology firm pledges to grow its operation in Thailand.
CEO World Magazine:
Thailand Ranks 6th : Best Country for Up and Coming Economy
Thailand is another country that has made it to the list of the up-and-coming economy. The Thai government has recently launched the national e-payment system along with upgrading the strong manufacturing and biotechnology base. Another sector that contributes majorly to Thailand’s economy is Tourism. The unprecedented growth in tourism and exports of manufacturing goods has helped in fostering the economy further.