ASEAN’s market of more than 600 million people is 9% of the world’s total population. Combined income per capita in the region for the past...
Why invest in ASEAN?
Thailand’s strategic location makes it an investors’ gateway to Asia. It is at the center of most ASEAN countries, including Myanmar on the west, Cambodia and Lao PDR on the east, and Malaysia, Indonesia, and Singapore on the south. Being at the crossroads of ASEAN and other dynamic markets in Asia such as China and India, allows Thailand access to a burgeoning consumer population overseas aside from its equally huge population of almost 68 million people.
Thailand offers investors world class infrastructure. Trade and business transactions are made easier through Thailand’s extensive highway system, modern city-wide mass transit, international airports, deep sea ports, and international river ports. As the hub of ASEAN, Thailand advocates for free and fair trade. It is instrumental in the formulation of the ASEAN Free Trade Area and a signatory to a number of other free trade agreements.
Business opportunities in Thailand are abundant across several industries which include automotive, alternative energy, food, electrical & electronics, logistics, printing, yacht building, rubber industry, etc.
For more information, see Thailand Board of Investment.
DemographyLand Area:Population:Urban population rate:Age clustering:Children below 5 yrs oldYouth 15-29 yrs oldElderly over 65 years oldActive workforce 20-44 yrs oldLife expectancy:Net enrollment in primary education:Adult literacy rate:513,120 sqkm67.6 million36.1%
6 percent23.2 percent8.2 percent40.0 percent74.1 years85.7 percent94.1 percentEconomy(as of 2011)GDP:GDP per capita:Inflation:FDI:Total trade:Tourist arrival:Currency:US$ 345.8 millionUS$ 5,1163.6 percentUS$ 7.78 millionUS$ 458.9 million19.1millionThai BahtInfrastructure(as of 2011)International airports:Major sea ports:Road length:Paved network:Percentage of paved roads:Vehicles per 1000 persons:Internet subscriber per 1000 persons:Cellphone per 1000 persons:7 international airports8 major ports114,437 square kilometers108,158 square kilometers95 percent4322371,132
Other InformationLanguage:Religion:Race:Thai is official national language; English is widely spoken and understood.Buddhism is the dominant religion.Thai people including ethnic Chinese, Malays, Cambodians, Vietnamese, and Indians.
Note: Some figures may vary with figures in the AMS’ website due to different covered periods or record years. Quantitative data were culled from the ASEAN Secretariat Statistics Leaflet Year 2012.