Home > Business > Africa to become Thailand's production base

Africa to become Thailand's production base

Africa region has great potential to become Thailand to establish offshore manufacturing base also high market demand creating new market to boost Thai export goods.

The country has many supporting factors including rich natural resources, high demand of consumer goods, low labour wage will facilitate Thailand to work on the plan, officials and businessmen suggested yesterday.

Virachai Vongbunsin, chairman committee on Africa Affairs of the Board of Trade of Thailand, said that Thai investors should focus to invest in region. In addition, they should looking for strategic partners to ensure market access.

"The region is developing and has strong demand for everything. Thai businessmen should take this opportunity to penetrate the market," he said.

-- The Nation

Petchanet Pratruangkrai

TFEX contracts reach a record high
Tuesday, which saw a 10-year-high on the SET Index, also marked a record for the two-year-old Thailand Futures....
Challenge to verdicts
Ailing Picnic Corp has appealed civil court verdicts requiring the company to settle Bt510 million in debts.

{literal} {/literal}

Africa to become Thailand's production base

Africa region has great potential to become Thailand to establish offshore manufacturing base also high market demand creating new market to boost Thai export goods.

OTHER BUSINESS

TFEX contracts reach a record high

Challenge to verdicts

Top Stories