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Thailand remains attractive to foreign investment


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Thailand remains attractive to foreign investment

The Nation

BANGKOK: -- The majority of foreign investors operating in Thailand are bullish on the outlook of their operations, according to a survey by the Board of Investment.

Sixty three per cent of foreign investors operating in Thailand plan to maintain their investment during 2013-2014. Meanwhile, 34 per cent plan to expand their investment in the Kingdom.

Chokedee Kaewsang, deputy secretary-general of the BoI, said that among the investors planning expansion are those from Japan, China, and Europe.

No foreign investor indicate a plan to move out of the Kingdom, he said.

The foreign investor confidence survey also showed that the efficiency of the supporting sectors as well as abundance of raw materials is the first reason encouraging these companies to maintain or expand their businesses. Other supporting factors are the infrastructure and tax privileges from the BoI.

Foreign investors also viewed that compared to other ASEAN nations, Thailand has an advantage as a manufacturing hub. Thailand has won the 3.64 score (out of 5), being the second only to Singapore (3.79).

These investors also expected an improvement in revenue and profits from the operations in Thailand in 2013 and 2014.

The survey showed that 13.6 per cent of foreign companies here are interested in or plan to invest in other countries - chiefly Indonesia, Myanmar and Malaysia.

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-- The Nation 2013-09-12

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See if they grew up and allowed foreign ownership the economy would take off like a rocket.

If not for the entire country, even just in Special Economic Areas, the same way the Chinese did with Guangzhou.

If only !?!

Can you imagine a Special Economic Zone where foreigners were allowed to own businesses and they [the foreigners] didn't have to backhand all the usual suspects in order to operate - then the very fact that it would take off like a rocket, as you say, is probably the very fact why it is unlikely to ever happen.

But more is the shame!

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And unemployment remains below 1%,

There is no inflation "it is just that some prices have gone up",

Nearly all the rice has been sold on "secret Government to Goverment deals"

No Russian Mafia in Pattaya

No prostitution exists

Goodness gracious me all our problems are solved.

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A pointless survey.

If foreign investors were say they plan to move their funds out of Thailand, then the market falls and there investment would drop in value, that is why no foreign investor indicates a plan to move out of the kingdom. Much more useful to report on what is actually happening with the movement of funds.

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