BOI Thailand
F E B R U A R Y 2016
 
     
   
FOREIGN DIRECT INVESTMENT
N E W S   F R O M   T H A I L A N D
An Update on News Impacting Business in Thailand and the ASEAN Region
 
             
                     
  Introductory Letter from Korbsiri

As all of us from the Thailand Board of Investment team in North America welcome 2016, we are filled with excitement for what the New Year will hold for Thailand, the Thai economy, and the Thai people.

We are a country that has been able to keep pace with the go-go Asian economy, the enormous growth in the region and the explosion of new technology; all the while, bridging the gaps in our infrastructure, workforce training, and channels to growth in our policies and trade agreements.

We've met the challenges brought to us by the Asian boom and we will continue to improve the core elements that support our economy and enable Thai companies as well as our foreign investors to remain competitive and prosper in our country and the region.

The center of global economic gravity is moving toward Asia and with Thailand's membership in ASEAN, we are well positioned to be the top business destination in the region.

Our many business assets are underpinned by a new government which fully supports business, globalization, economic growth, and economic expansion. We have a pro-commerce and pro-business mindset and are aggressively pursuing new trade agreements and channels that will open up more opportunities for our investors and Thai companies.

Our goal is to bring more of Thailand into the world and more of the world to Thailand. The BOI team here in North America is a resource to help your company with its Asian expansion plans and we hope that you choose Thailand as your point of entry into the Asian markets.

We wish all of our business contacts and friends the best for 2016 and we look forward to doing business with you.

Korbsiri Iamsuri


Director
Thailand Board of Investment, North America
korbsiri@boi.go.th
 
     
 
     
 
SUPERNAP International To Build SUPERNAP Thailand, The First Tier IV Gold Data Center In Asia
 
     
 
 
  Construction has begun on the new $300 million USD (11 billion THB) SUPERNAP Thailand, located in Hemmaraj Industrial Estate in Thailand's eastern province Chonburi. SUPERNAP Thailand will be the first Uptime Institute rated Tier IV Gold data center in Asia, as well as the largest data center in the Kingdom. The facility, which is expected to open in the first quarter of 2017, will have capacity for more than 6,000 data server racks.

SUPERNAP International To Build SUPERNAP Thailand, The First Tier IV Gold Data Center In Asia:
https://www.supernap.com/news/supernap-international-build-supernap-thailand-data-center-in-asia.html
 
 
 
PANASONIC STARTS PRODUCTION OF AUTOMOTIVE COMPOUNDS IN THAILAND
 
 
 
THAI GOVERNMENT IMPLEMENTS NEW SUPERCLUSTER INITIATIVE
 
  Panasonic Corporation's Automotive and Industrial Systems Company is launching a production line for heat-resistant phenolic molding compounds for use in automotive parts in Thailand.

For more on the story:
http://news.panasonic.com/press/
news/data/2015/12/en151221-6/
en151221-6.html
 
NTT COMMUNICATIONS OPENS TOP-SCALE DATA CENTER IN THAILAND
 
 
  NTT Communications Corporation announced the launch of a 3,800 square meter server room, four story facility in the Amata Nakorn Industrial Estate, just south of Bangkok.

For more on the story:
http://www.ntt.com/aboutus_e/
news/data/20151208.html
 
 
The Thai Government has implemented a strategic Super-Cluster policy. The Super-Cluster initiative is designed to link Thailand's industry cluster assets and strengthen the clusters by adding mission critical elements that help businesses become more efficient and competitive.

The plan calls for an increased integration of research, academic, and public-private assets into core industry cluster ecosystems, as well as adding support in areas of workforce development, infrastructure, logistics, and technology.

For more information on the Super Cluster initiative, visit:
http://www.slideshare.net/
boinyc/boi-cluster-policy
THAILAND PLACES STRONGLY IN 2016 BEST COUNTRIES
RANKING BY US NEWS & WORLD REPORT
 
 
  Thailand places 21st overall in the 2016 Best Countries ranking by US News & World Report. Benchmarked against 60 countries, Thailand ranked No.1 in terms of starting a business.

For more on the story:
http://www.nationmultimedia.com/breakingnews/Thailand-ranked-21st-in-Best-Countries-ranking-30277637.html
 
 
 
  About BOI

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 business succeed in Thailand.

For more information, please visit www.thinkasiainvestthailand.com