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Investing in Thailand Shayne Heffernan Ph.D Q3 2012 was tough on Thai Exports, exports declined by 1.13 per cent compared to the same period last year, but there is some big news, Toyota plan to make 1m Cars per annum in Thailand. The Auto Sector is the second most important industry for economic growth in any Country, and Thailand has excelled in that sector, long term Thailand still looks good. Auto manufacturing has an above average multiplier effect. For every one auto manufacturing job, there are 4-6 jobs outside of that segment that are related. Automotive manufacturing has enormous reach touching every part of the country, employment in automotive and automotive parts manufacturing ranks among the top three manufacturing industries. Despite a global slowdown Thailand will still record growth of between 4.5% and 6% depending who you ask, I think it will be closer to 6% as a result of the wage hikes and a recovery in food prices.

Investing in Thailand 2013

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