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Strategic Location
Thailand is strategically located
in the heart of Southeast Asia mainland,
a gateway to Indochina and to the
world's two most densely populated
countries, India and China.Thailand
is a part of ASEAN (10 members association)
and shares borders with four other
member countries. It also is entitled
to the privileges of AFTA (ASEAN Free
Trade Agreement), a market of over
500 million people.
Political Stability
Thailand is governed by a democratically
elected government. Any changes made
are done so based on majority votes.
The government realizes the importance
of the private sector as an essential
tool towards the development of the
country, and thus has provided support
and facilities to promote investment
both among Thai and foreign investors.
Infrastructure and Logistic
Network
In the past 30 years, Infrastructure
had been developed continuously and
Infrastructure has been the important
factor to support national economic,
social, and quality of life development.
So far, Thailand has invested in Infrastructure
projects at the average of 5 to 6
percent of GDP.
At present the status of infrastructure
development in transportation, energy,
communications and public utility
sectors have been vastly improved.
Basic and essential utilities such
as electricity, water, telephone are
continuously upgraded to meet demand
and to technologically advance in
line with industrial countries.
Main road networks are mostly reinforced
concrete roads and asphalt concrete
roads. Bangkok-Chon Buri Motor Way
and the Eastern Outer Bangkok Ring
Road are now completed to improve
transport efficiency. The route length
of the train network is nearly 4,000
km. Waterway access in the East-West
corridor on the Mekong Delta links
Thailand, Laos, Cambodia, Myanmar,
Vietnam and China.
At present there are 8 ports in Eastern,
Central and Southern Thailand, 6 international
airports and 26 domestic airports,
making Thailand the center of both
sea and air transportation.
Skilled Labor Force
The Thai labor force is high in quality
and efficiency, as well as result-oriented.
Although labor forces in neighboring
countries may be low-cost, but the
Thai skilled labor retains its flexibility,
adaptability and trainability that
ensures complete and high-quality
results, along with the Thai smile
and friendliness that has long been
a part of the Thai trait.
Education
The global village, once talked about
metaphorically, is quickly becoming
reality. With families moving around
the globe and new communication channels
opening, the world truly has become
a much smaller place. To promote the
family concept and togetherness, when
a family member work or invest here,
Thailand has over 50 international
schools and institutes to choose from.
There are presently about 4,343 international
students in Thailand , 946 of which
are from China , followed by Vietnam
, Burma , India , Japan , Bangladesh
, Nepal , Taiwan and the United States
. Most popular subjects include business
management, engineering, international
business, science and arts respectively.
It is expected that in 2004 the number
of international student will increase
by 30% to about 5,600 students.
Tourism
Thailand is richly endowed with a
distinct culture, with a rich and
varied heritage. Ancient ruins, historic
parks and even religious places and
architecture portray the Thai culture
3-4 thousand years ago. The government's
policy is to make Thailand a Quality
Destination as well as a World Class
Destination. Thailand sees the importance
of cooperating and linking with neighboring
countries to attract more visitors
from across the world to visit Asia
. Each province in Thailand I set
to have its own unique attraction.
Cultural Advantage
Thailand is a Buddhist country, contributing
to Thai people's friendly attitude.
The King has always supported every
religion, so Thailand has not had
to face any religious conflicts that
can be found in neighboring countries.
Thai people are free to express their
opinion, and conduct economic activities.Thailand
's culture distinguishes Thai people
from others. Thai characteristics
can be fond in the Thai language,
the Thai attitude as well a Thai thoughts
and actions. Being an agricultural
country also makes Thai people always
ready to help one another.
Investment Promotion
Thailand 's government maintains an
open, market-oriented economy and
encourages foreign direct investment
as a means of promoting economic development,
employment and technology transfer.
Foreign investment in Thailand significantly
influenced the buoyant economic growth
of the last 15 years, spurring Thailand
's transformation from an agriculture-based
economy, to one balanced with industry
and manufacturing. The government
has set up a committee to support
investment and established many industrial
estates to attract foreign investors.
Moreover there has been alterations
in rules and regulations that may
be obstacles for investment, as well
as develop infrastructure and technology
that ill facilitate both Thai and
foreign investors.
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