New Bill on Foreign Quota for Aviation February 22, 2017 The cabinet yesterday approved a new bill on civil aviation that authorizes the Civil Aviation Board (CAB) to decide the proportion of foreign ownership in Thailand's aviation business.
Thailand Pins Growth Hopes on Massive Investment along East Coast February 20, 2017 Thailand's military junta now wants to make it Bangkok's third international airport to handle 30 million passengers per year, while also serving as the headquarters of a nascent aerospace industry to help drive a high-tech industrial revolution in Southeast Asia's second-biggest economy.
Thailand Govt Affirms Transformation-led Investments February 20, 2017 The Thailand government has highlighted partnership and collaboration on both regional as well as global level, also public and private sectors, as the keys to materialize transformation and competitiveness with five investment agendas in focus.
"MJN sees Thailand as an excellent operating base for many reasons. These include the country’s welcoming culture, competitive costs and ease of doing business, strong investment environment, good infrastructure and strategic business location"
Mr. Stephen Golsby President and CEO, Mead Johnson Nutrition
"Moreover, Thailand’s location at the heart of Asia is a big plus, especially for efficient logistics. Thai Summit also praises the incentives granted by the Board of Investment as very helpful to automotive investors."
Dr. Somporn Jungrungreangkit President, Thai Summit Group
"The food industry in Thailand is thriving and Cargill is delighted to be a part of it. With Thailand's great natural resources, creative people and strong workforce, Thailand is an ideal place to be in the food business"
Mr. Bruce Blakeman Vice President - Corporate Affairs, Cargill Asia Pacific
"At the top of the list would be the incentives granted by the BOI to companies that choose to set up regional headquarters here. Location is certainly also a big reason, as Thailand is the center of Asia"
Mr. Bunchob Ongtanasin Vice President, Toyota Boshoku Asia
"Since ours is a niche business, it was important for us to be able to concentrate without the difficulties of partnering. That’s why the ability to invest in Thailand as a wholly foreign-owned company was attractive to us. Also, the land here is free-hold, rather than leasehold as in some of the other countries"
Mr. Giacomo Sozzi CEO, Canadoil Group
"Thailand is in close proximity to Singapore, where we have a major manufacturing presence. This makes it convenient and efficient for our suppliers to be located in Thailand, where they have further reach into the regional supply chain ecosystem"
Mr. Hugh Vanijprabha Managing Diretor, Rolls-Royce Thailand
"The BOI has been an incredible help for the progress of Michelin over the past years, from giving us advice to the very attractive incentive programs. The BOI has provided a friendly environment, and this helps Thailand to be competitive against other countries in the region."
Mr. Jean Dominique Senard Managing Partner, Michelin Group
"We are optimistic about Thailand. Through the different political cycles, there has always been continuity in support of the auto industry here. That is part of why we are confident in making this investment in the country’s future"
Mr. Joe Hinrichs Group Vice President, Ford Motor Company
"The decision to locate Triumph Aviation Services – Asia in Thailand was due in large measure to the incentives and investment services offered by the BOI as well as to the blue ocean opportunities he identifiedexisting in the Kingdom"
Mr. John Brasch President, Triumph Group's Asia Pacific Aftermarket Services
"Thailand has been a great home for Western Digital for over a decade. Our outlook here remains the same"
Mr. John Coyne President and CEO, Western Digital
"The country’s strategic export location at the heart of Southeast Asia and the benefits offered by the Thai government were seen as major advantages. It’s also United States-friendly here"
Mr. Kevin Watkins General Manager, Piper Plastics (Thailand)
"We recognize that the current direction of the government’s policy to invest more in upgrading the country’s infrastructure and logistics system, will position Thailand as a gateway connecting ASEAN markets. Caterpillar chose to invest in Thailand as it foresaw long-term competitiveness in the region. "
Mr. Philip Lowe Pennington Thailand Country Manager, Caterpillar
SUBCON THAILAND 2017 ASEAN's largest industrial subcontracting and business matching event | May 17-20, 2017 | Bangkok, Thailand