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Possessing five strategic industries including NEVs and semiconductors! What investment opportunities does the company have in Thailand? [New Energy Summit]

iconApr 18, 2025 17:23
Source:SMM
At the 2025 (10th) New Energy Industry Expo - Overseas Market Forum hosted by SMM Information & Technology Co., Ltd. (SMM), Zhong Baofen, Director of the Investment Office of the Royal Thai Consulate General in Shanghai and the Shanghai Office of the Thailand Board of Investment, introduced the topic of "Investment Opportunities in Thailand." Thailand boasts a strong regional advantage as a key gateway between ASEAN and Asia. It has well-developed infrastructure, including strategic regional advantages connecting China and ASEAN, comprehensive infrastructure (water, electricity, seaports, airports, and railway systems), and 70 standard industrial parks across 17 provinces. Thailand also excels in digital infrastructure, including 5G, world-class data centers and cloud services, a thriving ecosystem for digital and startup communities, and a high-level digital transformation and application system. The country has a robust supply chain, being a leading manufacturing hub and having a strong supply chain in industries such as automotive, electronics, and chemicals. The market includes a consumer base of over 66 million people, access to the larger ASEAN market with a consumer population of 680 million, and 16 free trade agreements with 23 countries, including RCEP. From 2022 to 2026, Thailand is expected to produce over 184,000 engineering graduates and 110,000 science graduates. The country is transitioning to green development with incentive policies, including green electricity prices (UGF) bundled with Renewable Energy Certificates (REC), offering additional and traceable options. Thailand provides a safe and low-risk investment environment with high inclusivity and low natural disaster risks. The living environment includes 64 JCI-accredited hospitals with world-class healthcare systems and 236 international schools nationwide, ensuring global curriculum alignment and educational continuity. The total value of foreign investment promotion projects in 2024 includes significant investments from well-known Chinese enterprises. Thailand's five strategic industries are bio-based industries and renewable energy, NEVs, semiconductors and advanced electronics, digital industries, and regional and international headquarters. Click to view the special report on the 2025 (10th) New Energy Industry Expo.

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