The Thai economy continues to grow. And the Thailand Board of Investment recently announced that overall investment applications are now expected to rise to THB 550 billion for 2016. The 2016 target will be 152% higher than 2015, with new investment policies targeting more value-added industries and services.
Thailand’s advanced manufacturing and automotive operations continue to be strong. For the first half of 2016 will show a 6.2% increase with exports up 3.3% from last year and export value jumping 21% to THB 319 billion (USD 9.12 billion).
In the construction industry Thailand is forecast to increase its investments USD 2.5 billion by 2019. Timetric forecasts an increase in primary driver growth and the government has initiated a THB 2.4 trillion (USD 75 billion) National Development Plan covering transport and infrastructure up to 2022.
Runs in conjunction with INTERMACH - ASEAN’s Leading International Industrial Machinery Exhibition.
Co-located with SUBCON THAILAND - ASEAN’s Largest Industrial Subcontracting Event for procurement of industrial parts.