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Publication of the Thailand Board of Investment |
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| Automotive Sector |
| Investor confidence in Thailand’s automotive industry is as strong as ever after an unveiling of major projects by leading auto companies in recent weeks. The explosion of new investment in an already robust sector is pushing the country closer to the goa of being a global Top 10 automaker by 2014, when local capacity is projected to hit 2.3 million units. |
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| Thailand Automotive Institute's Director Speaks on the Industry |
| The country is progressing briskly on the road to annual production of 2 million cars and investor confdence appears rock- solid. Although the future looks bright for Thailand’s automotive industry, a vital production base for many of the world’s leading carmakers, much work remains to be done before breaking into the global top 10. The Thailand Investment Review (TIR) interviewed Vallop Tiasiri, president of the Thailand Automotive Institute (TAI), for insight into the industry and its prospects, from local eco-car development to a possibly huge pickups opportunity abroad. |
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| Ford Motor Company |
| Automotive giant Ford Motor Company, already a major investor in Thailand, now sees the country as an even more crucial part of its future success. In June, Ford announced a 15 billion baht (US$450 million) investment to build a 750,000sqm state-of- the-art passenger car plant in Rayong province. The factory is scheduled to start production in 2012, with an initial capacity of 150,000 units. |
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| BOI's Sustainable Development Policy |
| An action plan full of concrete measures and great potential is taking shape as the Thailand Board of Investment (BOI) hammers out a new policy to achieve sustainable development for the country. The blueprint for perpetuating balanced national growth aims to attract steady and suffcient investment in areas that will boost the country’s competitiveness, give longevity to small and medium-sized companies that are the backbone of the economy, and take care of the environment. |
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| MOU Ceremony |
| The Thailand Board of Investment, in its continuous effort to enhance the investment environment in Thailand and ensure that investors receive the best service possible, held a seminar with the Offce of Public Sector Anti-Corruption Commission (PACC), Ministry of Justice, at the Centara Softel Hotel, Bangkok, on 29 June 2010. The seminar was opened with a keynote address by Thailand’s Minister of Justice, and followed by a discussion on “The Role of Thai Public Sector for Foreign Investment sector”, which included the Secretary General of the Board of investment and the Secretary General of the Offce of Public Sector Anti- Corruption Commission, and a representative from Transparency International. |
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The BOI Investment Review is a monthly publication of the Thailand Board of Investment.
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