Presented by Korbsiri Iamsuri on October 6, 2014 at the Vancouver Club in Vancouver, Canada.

1. WHY THAILAND
Korbsiri Iamsuri
Director, New York Office
October 6, 2014

2. Thailand’s Fast Facts
Thai population 67 million (2013)
Thailand’s GDP
US$385 billion (2013)
US$5,647 per capita GDP
Thai GDP by sector
Agriculture: 12%
Industry: 45%
Services: 43%
Thai labor force 39.13 million(2013)
Thai exports US$225.4 billion (2013)
Thai imports US$219.0 billion (2013)
Source: NESDB as of Feb 17, 2014 and Pocket World in Figures 2014 Edition

3. Strategic Location
• Preferential market access to China,
India, and ASEAN – the economic
powerhouse of more than 625 million
people
• Member of the ASEAN Free Trade
Area (AFTA)
– $1 trillion in intra-ASEAN trade
annually
• Control of the only land route from
Asia to Malaysia and Singapore

4. Highly Ranked
UNCTAD Ranks Thailand 8th as a
top prospective host economy 2013-
2015
World Bank Ranks Thailand among
the easiest places to do Business in
Asia and 18th in the World

5. 5.81
5.87
5.94
6.17
6.21
6.6
6.64
7.13
7.24
7.57
7.59
7.65
7.84
7.98
10
0 2 4 6 8 10 12
United Kingdom (15)
Poland (14)
Malaysia (13)
Maxico (12)
Thailand (11)
Japan (10)
Singapore (9)
Brazil (8)
Canada (7)
Taiwan (6)
S.Korea (5)
India (4)
United States (3)
Germany (2)
China (1)
Index score (10=High, 1=
Low)
2013 Country Manufacturing
Competitiveness Index Rankings
Source: 2013 Global Manufacturing Competitiveness Index by Deloitte Touche Tohmatsu Ltd.
And the U.S. Council on Competitiveness
* ( ) = rankings

6. 213
128
106 105
74
55 51 47
31
0
50
100
150
200
250
Prime Office Occupancy Costs
US$/sq ft/annum
Source: Asia Pacific Office Market View, Q1, 2014 as of May 28, 2014

7. Wage Comparison
92.4
54.8
49.6
42.8
33.3
21.5 20.9
17 14.6
8.5 8 7.9 7.6
0
10
20
30
40
50
60
70
80
90
100
Tokyo
Seoul
Dubai
H
ongK
ong
Taipei
K
ualalum
purShanghai
BeijingBangkokM
um
bai
M
anila
Jakarta
Delhi
WageLevels(US$)
Gross
Net
4
Cities ranked according to gross value of index. New York = 100
Source: UBS/Prices & Earnings update September 2012

8. Thailand’s corporate income tax is the 2nd
lowest in SE Asia
Source: Bank Of Thailand as of August 2012
Corporate Income Tax Rates

9. Free Trade Agreement
Note: * Thailand, Malaysia, Indonesia, Philippines, Singapore and Brunei only.
ASEAN
•+625 million pop. (2013)
•US$2.4 trillion GDP (2013)
ASEAN+3
•+2 billion pop.
(1/3 world pop.)
•US$9trillion GDP
(16% of world GDP)
ASEAN+6
•3.3 billion pop.
(>50% world pop.)
•US$12.25 trillion GDP
Thai-Peru
Thai-Chile

10. ASEAN Economic Community(AEC) 2015
AEC A Single Market &
Production base
Source: Reaping the benefits of AEC & ,www.asean.org, as of December 2009
• Free flow of goods
• Free flow of services
• Free flow of investment
• Free flow of capital
• Free flow of skilled labor
Transform ASEAN into a
stable, prosperous and
highly competitive region
with equitable economic
development, and reduced
poverty and socio-economic
disparities

11. Top Destinations for
Expat Experience 2013
by HSBC
1.Thailand
Source: Expat Explorer Survey 2013, HSBC
Thailand offers Best Expat Experience
and a Low Cost of Living
Thailand has been chosen
as the best country in the
world for
Overall Expat Experience
& Overall Quality of Life

12. Expat Experience Survey
Source: HSBC’s Expat Explorer Survey 2013
Thailand has been
chosen as one of the
best countries in the
world for expats to
live
Country
2013
Rankings
Thailand 1
Bahrain 2
China 3
Cayman Islands 4
Australia 5
Singapore 6
India 7
Taiwan 8
Spain 9
Brazil 10
12

13. Infrastructure
• 7 international airports
 In 2013, 50.9 million passengers, 1.27 million tons of
cargo
 Suvarnabhumi Airport – Capacity: 45 million
passengers and will expand to 60 million within 3
years, 3 million tons of cargo per year
• Over 70,000 km Highway Systems
• 6 Deep Sea Ports & 2 International River Ports
 Capacity over 10 million TEUs
 Laem Chabang Sea Port – Capacity: 10.8 million
TEUs, with additional 8 million TEUs expansion
 e-Customs facilities
• 4,346 km Rail links to Malaysia & Singapore
• 60 Industrial Estates

14. Competitive Workforce
• 61 public and private engineering institutes, accredited by the Council
of Engineers
• More than 18,000 engineering graduates and approximately 87,000
general science and technology graduates per year
• 39.62 million in labor pool

15. 15
• Thailand has 8 intellectual property-related laws, all of
which are consistent with international standards:
• Copyright Act of 1994
• Patent Act of 1979, as amended by the Patent Act
(No.3) of 1999
• Trademark Act of 1991, as amended by the Trademark
Act (No.2) of 2000)
• Act for the Protection of Layout-Designs of Integrated
Circuits 2000
• Trade Secret Act of 2002
• Protection of Geographical Indication Act of 2003
• Plant Varieties Protection Act of 1999
• Traditional Medicine and Practice Act of 1999
IPR Framework

16. Exceptional Investment Incentives
• Tax Incentives
– Corporate income tax holidays up to 8 years
– Import duty reductions or exemptions on machinery and raw materials
– Double deduction of public utility costs
– Deductions for infrastructure construction/installation costs

17. Exceptional Investment Incentives
• Non-Tax Incentives
– Land ownership rights for foreign
investors
– Permission to bring in foreign experts
and technicians
– Work permit/visa facilitation
– No restrictions on foreign currency
remittances
– No export requirement
– No foreign equity restrictions in
manufacturing sectors and promoted
services sector
– No local content requirement

18. Key Industries

19. Automotive – The Southeast Asia Leader
• Largest auto producer in Southeast Asia
• 9th largest producer in the world in 2013
• More than 2.46 million vehicles produced in 2013
• #1 producer of one-ton pickup trucks
• #2 only to the U.S. in pickup truck production
• Strong supporting industries with over 2,300 suppliers

20. Electronics & Electrical Industry
• The Silicon Valley of Asia
– The world’s largest producer of HDDs
– Home to the largest HDD multinationals
– More than 40% of global production

21. Electronics & Electrical Industry
• $47 Billion in exports
• A leader in integrated circuits and white goods
• Strong supporting industries for electrical
appliances compressors, motors, plastic and metal
parts

22. Aircraft Part Production & Maintenance
• Bangkok’s airport is 15th busiest in the world
• GE made Thailand its Asian base for aerospace tubing and ducting
components. Other US companies include:
– Chromalloy, Ducommun Technologies , Primus International and
Triumph
• Ancillary industries provide developed and available suppliers:
– Stainless steel and aluminum fabrication, fiberglass application
technology, and polymer supply

23. Agro-based
World’s No.1 producer of natural rubber, cassava & tapioca,
canned tuna
• Over 10,000 companies
– including Nestle, Cargill, Unilever, Jelly Belly and Dole
• Exports to surpass $33 billion in two years
• 80 percent of raw materials sourced locally

24. Food Processing
• One of the world's top
exporters of processed food
• Thailand leads the market in:
– canned tuna
– frozen seafood
– canned pineapple
– rice
– chicken

25. 26
Overseas offices
Country desks
1-Stop for visas & work permits:
work permits in 3 hours
Interaction with other govt. agencies
on behalf of investors
Industrial Subcontracting Services
Global Sourcing program
(BUILD Unit)
Intensive information
ASEAN Supporting Industry Database
BOI SUPPORT
SERVICES

26. Success Stories of Canadian Companies

27. www.ThinkAsiaInvestThailand.com