Thailand - Market OpportunitiesThailand - Market Opportunities
Thailand maintains an open, market-oriented economy, and encourages foreign direct investment as a means of promoting economic development, employment, and technology transfer. Thailand continues to be a prominent destination for foreign direct investment, and many U.S. multinational and small- and medium-sized companies alike have invested successfully in the country. Thailand continues to welcome investment from all countries and seeks to avoid dependence on any one country as a source of investment.
Thailand’s economic growth has created opportunities for U.S. companies in a number of infrastructure sectors including electrical power, telecommunications, and renewable energy. In the recent Thai government initiative for the Eastern Economic Corridor (EEC), industry clusters offer opportunities in the following industrial activities: biotechnology, advanced manufacturing, high value business services, and creative and digital industries.
Thai consumers are also creating new market opportunities for U.S. medical products, automotive accessories, agricultural equipment, chemicals, cosmetics, food supplements, outdoor recreation equipment, franchising, and educational services among others. Thailand continues to look for U.S. suppliers of aerospace and defense equipment, broadcast equipment, food processing, packaging equipment, and environmental technologies.
Thailand Trade Development and Promotion