For several decades now Thailand's electronic and electrical appliances industry has been continuously expanding. During all these years, this sector has not only played a highly important role in the Kingdom’s economy, but has also converted Thailand into the regional leader in South-East Asia, and the BOI Thailand wants even more growth.
As the Thai Government recognizes the development of the electronic and electrical appliances industry as a priority for the Kingdom, a number of highly attractive investment policies have been launched by the BOI Thailand, leading to increasing investments from many multinational corporations.
The electrical appliances industry has been experiencing steady growth for a number of years, and this growth is expected to continue in future. Thailand's solid manufacturing base and well-developed infrastructure make the country an ideal place for manufacturing electronics and electrical appliances. At present, nearly all the leading manufacturers in the field of electronics are represented in Thailand. The Kingdom is not only a regional leader, but also a leader on a global level, as many Japanese, Korean, European and American multinational companies manufacture electrical appliances in Thailand.
Taking into consideration that the demand for high-technology consumer electronics, such as computers, tablets, wireless devices, and many others, continues to increase, Thailand is the best investment destination for the sector. Investors in this sector will be able to benefit not only from high demand, but also from the considerable support of the Thai Government. Producers of electrical appliances and electronics will be granted a number of highly attractive advantages. Also, to promote productivity and efficiency in the industry, Thai Government encourages the development of specific electronic clusters throughout the country. When firms and their input suppliers co-locate within the clusters, communications and the flow of goods is faster and more efficient.