Background:

Located at the heart of South East Asia and Greater Mekong Sub-region, Thailand has the potential to promote its role as one of the regional logistic and Trade hubs. Realizing the crucial role of this sector on presenting opportunities for trade and investment development, Thailand has continued to upgrade its logistics facilities and technology infrastructure to increase the nation’s freight handling capacity and assure faster, more efficient cargo movement. A number of projects are underway, including the expansion of Thailand’s premier deep-sea port, improvements in multi-modal linkages, the proliferation of e-logistics and move towards paperless customs procedures.

With a well-developed infrastructure, a free-enterprise economy, and generally pro-investment policies, Thailand was one of East Asia's best performers from 2002-2004. In the year of 2009, Thailand was Singapore’s 8th trading partner, with bilateral trade amounting to USD$18.24 billion. In 2009, Singapore’s total approved foreign direct investment in Thailand was 70 projects with the total sum investment 34.26 billion baht (S$1.4 billion) – making Singapore the Thailand’s 3rd largest investor after Japan & Taiwan.

Business opportunities in Thailand includes manufacturing, biotechnology, medical tourism, textiles and garments, agricultural processing, beverages, tobacco, cement, light manufacturing such as jewelry and electrical appliances, computers and parts, integrated circuits, furniture, plastics, automobiles and automotive parts; world's second-largest tungsten producer and third-largest tin producer

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