There are major revisions under way of a number of laws and regulations governing foreign investment, ownership and workers, and investment incentives are being liberalized. Despite the current economic situation, it would be a mistake to delete Thailand from the global best prospects list even though the country is having difficult times, and structural readjustments are necessary and will be painful. Companies with strategic plans for their global positions have not abandoned Thailand. They realize the huge potential of both the domestic and regional market, and see Thailand as their logical regional manufacturing hub. Thailand is expected to emerge from the crisis as an even more balanced, diversified industrializing nation, with stronger financial, economic, institutional and social foundations.
American firms can succeed by offering quality, reliability and value for money.
The Country Commercial Guide contains summary market analyses for the best prospect sectors identified by the Commercial Service in Bangkok. All rights under foreign copyright laws are reserved. All portions of this publication are protected against any type or form of reproduction, communications to the public and the preparation of adaptations, arrangement and alterations outside the United States. U. S. copyright is not asserted under the U. S. Copyright Law, Title17, United States Code.