Thailand is an international business hub for multinationals in search of a well-developed infrastructure, pro-investment policies, a highly skilled workforce and strong export industries at the center of Asia. Ranked as the 11th best destination for foreign direct investment in the world and in the top 20 countries for "Ease of Doing Business" by the World Bank, it's no surprise that bilateral trade between the United States and Thailand rose nearly 13% in 2011. In fact, U.S. investment in the ASEAN region comes in at $157 billion and almost dwarfs US investment in China at $60 billion.
Investing in Thailand gives companies a powerful export base with an abundance of developed industries and supply chains, and also offers direct access to Thailand's ripe domestic market of over 67 million consumers with increasing purchasing power parity.
With an impressive average growth rate of 8-10% over the past decade, Thailand provides investors with access to comparable emerging markets in the Asian region that amount to almost 4 billion consumers, offering unlimited business potential in the coming years.
To learn more about the country commerical guide, please refer to the report "Thailand Country Commercial Guide" by U.S. Commercial Service. |