Welcome to the newest issue of Thai news, a resource that will keep you up to date on economic and business news in Thailand.
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DuPont's Thailand Innovation Center Celebrates Two Year Anniversary
DuPont recently celebrated the second anniversary of its Thailand Innovation Center, one of its most active centers and a driving force in Thailand's growing presence in the field of research and development. Since its opening in August 2011, the Thailand Center has generated more than 100 new ideas and projects, many of which have commercialized, and has welcomed more than 1,500 visitors from more than 300 organizations.
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Bridgestone Opens $42 Million Tech Center in Thailand
Bridgestone Asia Pacific PTE. Ltd., a subsidiary of Bridgestone Corporation, recently opened its new $42 million technical center in Bangkok, Thailand. It will support Bridgestone's Asia/Pacific operations in tire development, tire production technology development and quality management, which are currently handled at the company's technical center in Japan. The new facility will house about 100 employees.
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Senior to Expand Thai Plant; Boeing, Airbus Seek Lower Costs
Senior PLC will expand a production facility in Thailand into a full aerospace center as its biggest customers, Boeing Co. and Airbus SAS, look to lower manufacturing costs and strengthen their relationships with the growing Asian market. The Thailand facility has historically built parts for Rolls-Royce Holdings PLC, a British maker of plane parts, and will now also serve German-based MTU Aero Engines AG.
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Thailand Emerges as a Full-Service Regional Aviation Hub
Thailand is poised to become a full-service aviation hub and a major player in the region's multibillion-dollar aircraft maintenance industry. A new government initiative to allow foreign investors to hold 70 percent or more of a company manufacturing aviation parts will help promote the country as a regional repair center.
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Reynolds Polymer Technology Adds Second Thailand Manufacturing Operation
Reynolds Polymer Technology, the longtime aquarium manufacturer and creator of R-Cast® acrylic, opened a new facility for the manufacturing, research and development of acrylic products. The new factory is located in the Siam Eastern Industrial Park in Rayong, Thailand near Nissan and Honda plants.
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Visit Thailand's Booth at AdvaMed 2013!
To showcase Thailand's growing medical technology sector, Thailand Board of Investment will be attending AdvaMed 2013 on September 23-25 in Washington DC. Visit our booth (Booth #329) and speak to Ajarin Pattanapanchai, Senior Executive Investment Advisor at the Thailand Board of Investment, to learn more about the investment opportunities available for your company. In addition, Dr. Khanat Kruthkul, an advisor to the Industry Ministry's medical device industry development committee, will be onsite to provide an overview the current state of Thailand's medical industry sector and where it's headed.
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Did you know?
Thailand produces more than 40% of the world's hard disk drives
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"Thailand is the leader in Southeast Asia in solar energy, and many countries in the region would like to copy its success."
- Jean- Dominique Senard, managing partner of the Michelin Group
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Thailand Board of Investment
The Thailand Board of Investment (BOI) is the inward investment promotion agency for Thailand that assists foreign investors in identifying business opportunities, providing tax incentives and privileges, and supporting foreign companies seeking to expand into the Asian market. Our services are free of charge and customized to help your clients succeed in Thailand.
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Contact Us:
Supisara Chomparn, Director
Thailand BOI 61 Broadway, Suite 2810 New York, NY 10006 USA Tel: (212) 422-9009
supisara@boi.go.th
nyc@boi.go.th
Visit Our Website
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