Thai Auto Production up 25% on Rebound from Toyota Cut June 22, 2016 Automobile output in Thailand jumped 25% year on year in May, but the solid growth may not be a reliable indicator for the future, as it owes largely to Toyota Motor's steep curtailment of production a year earlier.
Car Production Output Rises This Year June 22, 2016 The Federation of the Thai Industries (FTI) has revealed that car production in May increased 25% compared to the same month last year.
"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
"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
"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
"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