Thailand's machinery and metalworking industries employ around 400,000 people across 50,000 enterprises. While domestic production is limited, imports of machinery and parts reached $12.57 billion in 2009, primarily from Japan, China, and the US. There is an opportunity for local suppliers to meet growing demand from downstream industries by providing a domestic source of more sophisticated machinery. Exports of machinery have also grown significantly, increasing over 90% since 2004 to over $8 billion annually, driven by Thailand's position as a regional export hub and trade agreements like AFTA.
Thailand has long been a regional leader of E&E production. Renowned for export of hard-disk drive as well as other electronic products, the country’s export reaches USD 34 billion in 2020 according to Ministry of Commerce. Beside HDD, key export products include integrated circuits (IC), semiconductor, transistor, diode, and other mobile equipment parts. These samples of product combined account for over 60 percent of E&E export.
Thailand's electric and electronics (E&E) industry has rapidly evolved over the past five decades. Thailand was ranked the 14th largest E&E exporter in the world in 2016.
Thailand is already a significant market for industrial robots. In
2017, Thailand was the 3rd largest market in ASEAN and, by 2018, it was estimated to have become the 2nd largest. Recognizing the importance of automation and robotics, the Thai government has implemented various measures to promote the growth of these key industries. The use of industrial robots in the country is therefore expected to continue growing.
Thailand has grown to become the world’s number one producer and exporter of natural rubber due to its tropical climate as well as effective and advanced cultivation methods. BOI recognizes the importance of the rubber industry, and offers a wide range of tax and non-tax incentives for projects that meet national development objectives.
Thailand has long been a regional leader of E&E production. Renowned for export of hard-disk drive as well as other electronic products, the country’s export reaches USD 34 billion in 2020 according to Ministry of Commerce. Beside HDD, key export products include integrated circuits (IC), semiconductor, transistor, diode, and other mobile equipment parts. These samples of product combined account for over 60 percent of E&E export.
Thailand's electric and electronics (E&E) industry has rapidly evolved over the past five decades. Thailand was ranked the 14th largest E&E exporter in the world in 2016.
Thailand is already a significant market for industrial robots. In
2017, Thailand was the 3rd largest market in ASEAN and, by 2018, it was estimated to have become the 2nd largest. Recognizing the importance of automation and robotics, the Thai government has implemented various measures to promote the growth of these key industries. The use of industrial robots in the country is therefore expected to continue growing.
Thailand has grown to become the world’s number one producer and exporter of natural rubber due to its tropical climate as well as effective and advanced cultivation methods. BOI recognizes the importance of the rubber industry, and offers a wide range of tax and non-tax incentives for projects that meet national development objectives.
Thailand's electric and electronics (E&E) industry has rapidly evolved over the past five decades. Thailand was ranked the 14th largest E&E exporter in the world in 2016.
The presentation is by Mr. Chanin Khaochan, Deputy Secretary-General of Thailand Board of Investment, on the webinar "Thailand's Semiconductor & Smart Electronic Manufacturing Solutions" on September 9, 2021
BOI recognizes the importance of automation and robotics and offers a wide range of tax and non-tax incentives for projects that meet national development objectives.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, May 21, 2015 at the Royal Thai Consulate, Chicago
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, June 15, 2015 at Courtyard Philadelphia Downtown (BIO 2015)
Thailand is ASEAN’s largest auto producer. Production in 2020 is 1,427,074 units, in which accounted for 50.1 percent of total production in all ASEAN countries. This is followed by Indonesia with 690,150 units or around 24.2 percent, and Malaysia with 485,186 units or around 17.0 percent.
The world is embracing to cleaner and smarter society while people’s mean of transportation like automobile also takes a step further to the next generation with more fuel-efficient and environmentally friendly. In 2016, 94 million automobiles were produced worldwide, the highest number in the history. Yet, those vehicles are embracing the new breakthrough technology. Ranging from hybrid to battery electric vehicle, the world aims to have EV at 40% market share of all automobile in 2040.
The presentation is by Mr. Narat Rujirat, Executive Director of Electrical and Electronics Institution of Thailand on the webinar "Thailand's Semiconductor & Smart Electronic Manufacturing Solutions" on September 9, 2021
Thailand defines International Business Centers (IBC) as a company incorporated in Thailand that provides managerial, technical, support, or financial management services to its associated enterprises, whether located in Thailand or overseas.
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
Thailand's electric and electronics (E&E) industry has rapidly evolved over the past five decades. Thailand was ranked the 14th largest E&E exporter in the world in 2016.
The presentation is by Mr. Chanin Khaochan, Deputy Secretary-General of Thailand Board of Investment, on the webinar "Thailand's Semiconductor & Smart Electronic Manufacturing Solutions" on September 9, 2021
BOI recognizes the importance of automation and robotics and offers a wide range of tax and non-tax incentives for projects that meet national development objectives.
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, May 21, 2015 at the Royal Thai Consulate, Chicago
Presentation file on "Thailand: An ASEAN Hub, A World of Opportunities" by Ms. Ajarin Pattanapanchai, Senior Executive Investment Advisor, Thailand Board of Investment, June 15, 2015 at Courtyard Philadelphia Downtown (BIO 2015)
Thailand is ASEAN’s largest auto producer. Production in 2020 is 1,427,074 units, in which accounted for 50.1 percent of total production in all ASEAN countries. This is followed by Indonesia with 690,150 units or around 24.2 percent, and Malaysia with 485,186 units or around 17.0 percent.
The world is embracing to cleaner and smarter society while people’s mean of transportation like automobile also takes a step further to the next generation with more fuel-efficient and environmentally friendly. In 2016, 94 million automobiles were produced worldwide, the highest number in the history. Yet, those vehicles are embracing the new breakthrough technology. Ranging from hybrid to battery electric vehicle, the world aims to have EV at 40% market share of all automobile in 2040.
The presentation is by Mr. Narat Rujirat, Executive Director of Electrical and Electronics Institution of Thailand on the webinar "Thailand's Semiconductor & Smart Electronic Manufacturing Solutions" on September 9, 2021
Thailand defines International Business Centers (IBC) as a company incorporated in Thailand that provides managerial, technical, support, or financial management services to its associated enterprises, whether located in Thailand or overseas.
If you wish to set up an operation in Thailand, your best contact point is the Office of the Board of Investment (BOI), which operates under the Office of Prime Minister and is the principal government agency for attracting investment. The BOI is available to assist you in numerous ways.
Study on Sourcing Opportunities in IndonesiaJohn William
Indonesia’s approximately 240 million people make it the world’s fourth-most populous nation. Manage risks with effective Indonesia sourcing strategy by hiring experts at Dragon Sourcing. Read More: https://www.dragonsourcing.com
Experience Mazda Zoom Zoom Lifestyle and Culture by Visiting and joining the Official Mazda Community at http://www.MazdaCommunity.org for additional insight into the Zoom Zoom Lifestyle and special offers for Mazda Community Members. If you live in Arizona, check out CardinaleWay Mazda's eCommerce website at http://www.Cardinale-Way-Mazda.com
Case Study on Sourcing Opportunities in TurkeyJohn William
Dragon Sourcing bridges the gap between companies in Turkey and your company, letting you reap the benefits of Turkey sourcing. Hire the service of our experts today! https://www.dragonsourcing.com/turkey-sourcing/
Chinese Ministry of Commerce: An OverviewAri Herzog
This is a presentation I used in a graduate school class in April 2006, as a preface to visiting China.
For more information and some notes, see:
http://www.ariwriter.com/2008/10/on-the-china-ministry-of-commerce-and-my-first-slideshare/
Manufacturing, Import & Export - comparing USA and India pptHarbans Buttar, MBA
In this paper & presentation, i have cover Manufacturing and its content, Import, and export in the USA and then comparing the USA vs India on Manufacturing, imports, & exports etc.
Manufacturing, Import & Export - Comparision between USA & India pptHarbans Buttar, MBA
In this paper & presentation, I have cover Manufacturing and its content, Import, and export in the USA and then comparing the USA vs India on Manufacturing, imports, & exports etc.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
The guide provides an overview of the business environment in Thailand, with information about company establishment, taxation, intellectual property rights, and legal issues.
Presented by Asst. Prof. Nayot Kurukitkoson, PhD, Executive Committee of the EEC Human Development Center, and Vice President for EEC Affairs, Burapha University, on March 16, 2023
Thailand has an extensive innovation network made up of various supporting parties, from government bodies, the private sector, to venture capital and other organizations including research laboratories and academic institutions.
Thailand is the perfect second home for expats. The country was ranked 14th out of 59 global locations with the nation’s capital Bangkok placing 4th in Asia in the Expat City Ranking 2021,5 with the majority of expats expressing satisfaction with the cost of living and their quality of life in Thailand.
The Guide to the Board of Investment was prepared by the Office of the Board of Investment to provide information regarding investment promotion, including benefits and privileges, list of eligible activities, related announcements and, also, investment promotion application’s criteria and conditions.
Thailand is introducing a new visa called “Long-Term Resident (LTR )” which is a program that provides a range of tax and non-tax benefits to enhance the country’s attractiveness as a regional hub for living and doing business for high potential foreigners.
Presented by Mr. Varghese Poulouse Nalian, President & General Manager of Performance Additives Business, Momentive Performance Materials (Thailand), on June 29, 2022
This measure is aimed to promote investment in targeted activities in three provinces – Chachoengsao, Chon Buri, and Rayong, as well as to encourage private sector to participate in human resource development. As EEC development is part of the policy to drive Thailand towards Thailand 4.0, investors in the targeted activities located in designated areas or in promoted industrial estates/industrial zones, or the investors involved in the human resource development in the EEC will enjoy additional tax incentives, apart from a standard tax package.
Thailand is introducing a new visa under "Long-Term Resident (LTR)" program, which provides a wide range of tax and non-tax benefits to enhance the country's attractiveness as a regional hub for living and doing business for "high-potential" foreigners.
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Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Company Valuation webinar series - Tuesday, 4 June 2024FelixPerez547899
This session provided an update as to the latest valuation data in the UK and then delved into a discussion on the upcoming election and the impacts on valuation. We finished, as always with a Q&A
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
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B2B payments are rapidly changing. Find out the 5 key questions you need to be asking yourself to be sure you are mastering B2B payments today. Learn more at www.BlueSnap.com.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
In the Adani-Hindenburg case, what is SEBI investigating.pptxAdani case
Adani SEBI investigation revealed that the latter had sought information from five foreign jurisdictions concerning the holdings of the firm’s foreign portfolio investors (FPIs) in relation to the alleged violations of the MPS Regulations. Nevertheless, the economic interest of the twelve FPIs based in tax haven jurisdictions still needs to be determined. The Adani Group firms classed these FPIs as public shareholders. According to Hindenburg, FPIs were used to get around regulatory standards.
2. INDUSTRY OVERVIEW
Thailand’s machinery and metalworking
industries currently employ a labor force of
around 400,000 people and are comprised of
approximately 50,000 enterprises.
The limited supply of domestic high-end
machinery and parts has left downstream
Thai industries to look for imports. Machinery
and parts currently rank in Thailand’s top
5 most imported goods with US$12.57
billion worth imported in 2009. Japan was
the primary source with 24.6% of the total,
followed by China (21.3%) and the US
(9.4%). Electrical machines and apparatus
with individual functions (HS 8543) were
the leading products with US$ 9.78 million
imported in 2009. Opportunities exist for
suppliers to capitalize on this growing
demand for more sophisticated machinery by
providing domestic downstream industries
with a local source.
Machinery and Parts: Imports and Exports
2004 – 2010 (Jan-Feb)
Billion Baht
Import
Export
2004
385.77
143.34
2005
440.83
179.12
Source: Ministry of Commerce, Thailand
2006
434.36
200.93
2007
426.34
288.41
2008
495.89
303.41
2009
431.77
274.07
2010 (Feb)
77.56
57.18
3. Top 5 Machinery and Parts Imports, 2009
Code
Description
8543 Electrical machines and apparatus, having
individual functions
8414 Air or vacuum pumps, air or other gas
compressors and fans
8411 Turbo-jets, turbo-propellers and other gas
turbines
8443 Printing machinery used for printing by means of
the printing type, blocks
8418 Refrigerators, freezers and other refrigerating or
freezing equipment
US$ Million
978
932
918
748
721
Top 5 Machinery and Parts Exports, 2009
Code
Description
8443 Printing machinery used for printing by means of
the printing type, blocks
8418 Refrigerators, freezers and other refrigerating or
freezing equipment
8429 Self-propelled bulldozers, angledozers, graders,
levellers, scrapers, mechanical shovels,
excavators
8414 Air or vacuum pumps, air or other gas
compressors and fans
8543 Electrical machines and apparatus, having
individual functions
US$ Million
231
223
177
175
145
Thailand’s status as a regional export hub
allows local machinery and parts suppliers
to benefit from the economic growth of its
neighbors. Exports have grown by over 90%
since 2004 to over US$8 billion a year. Rapid
development in the region coupled with
favorable trade relations after the signing
of the ASEAN Free Trade Agreement (AFTA)
sparked this recent rise in Thai machinery
and parts exports. The trend of export
growth looks likely to continue as demand
from developing nations such as Vietnam,
Malaysia and Indonesia grows.
4. AGRICULTURAL
MACHINERY
Thailand is flush with agricultural resources
and the machinery to make efficient use
of these resources in the fields and on the
processing floor is in high demand. Major
suppliers of agricultural machinery in
Thailand currently fall short of meeting this
demand. The domestic market instead turned
to imports, which increased by over 80% over
five years to a level of US$548 million in 2009.
While importing more modern equipment for
use in its fields, Thailand has also increased
its exports of agricultural machinery. The five
years leading up to 2009 have seen exports
of machinery rapidly increase by 77%, with a
considerable portion going to fellow ASEAN
members such as Laos and Cambodia. The
top export categories of agriculture machinery
in 2009 were tractors, and machinery for
cleaning, sorting and grading seed and grain.
MACHINE TOOLS
Growth in Thailand’s automotive and E&E
industries is expected to fuel demand for
modern machine tools. Automotive and auto
parts firms are the biggest buyers of machine
tools, purchasing 35% of the domestic market.
The supporting metalworking industry
follows with 27% while the E&E industry
buys 14%. With a limited number of domestic
enterprises specializing in the manufacture
of machine tools, most of the demand is met
by imports which totaled US$1.20 billion in
2009.
In 2009, the top three exported categories of
machine tools were parts and accessories for
machines; machine tools for the removal of
material; and lathes for removing metal.
5. Industrial Machinery and Parts,
Imports and Exports, 2004-2010(Feb)
Import
Export
2004
9.36
3.88
2005
10.66
4.88
2006
10.35
5.49
2007
10.43
7.99
2008
11.98
8.38
2009
10.82
7.72
2010 (Feb)
1.94
1.60
Source: Ministry of Commerce Thailand
CNC MACHINE TOOLS
INDUSTRY MACHINERY
Reflecting a growing demand, Thailand’s
market for computer numerical controlled
(CNC) machine tools remains heavily
dependent on imports, half of which
come from Japan, and the machinery and
metalworking industry is keen to source
more of these sophisticated machine tools
domestically.
Thailand’s world class downstream
manufacturing industries have boosted
imports of industrial machinery, while the
industrial machinery industry itself has
rapidly developed as an exporter.
Imports in 2009 totaled US$10.82 billion,
marking a 16% increase since 2004. Printing
machinery (HS 8433) saw the biggest
In 2009, total imports of CNC machine tools increase in the same year with a 108% rise
were worth US$87.45 million. Total exports from US$1.8 billion in 2008 to US$3.6 billion.
that year were worth US$10.55 million, with
the top-exported categories of CNC machine In the five years leading up to 2009, Thailand’s
tools being lathes and horizontal lathes exports of industrial machinery more than
(including turning centers) for removing doubled to a level of US$7.7 billion. The
metal.
main exports of industrial machinery were
printing machinery, refrigerating & freezing
equipment, and air or vacuum pumps, gas
compressors and fans. Printing machinery
was the greatest export gainer in 2009 with
an increase of 33.8% from US$0.97 billion to
US$1.3 billion.
6. MOULD AND DIE
FOOD PROCESSING
AND PACKAGING
MACHINERY
Moulds and Dies are essential inputs for
downstream manufacturing. With Thailand’s
automotive and electronics/electrical
appliances (E&E) industries expected to
grow, the prospects for the mould and die
industry are just as bright. The Mould and Die
Industry Development Project aims to reduce
dependence on imports by more than 3% and
increase the value of exports by about 5% by
creating added value for the industry.
According to a Thai Tool and Die Industry
Association (TDIA) survey, there are
approximately 1,061 mould and die factories
in Thailand. Of these factories, 90% produce
More than 10,000 food processing companies moulds and dies for plastic and metal, while
currently exist in Thailand to create a healthy the rest produce those for rubber, glass and
demand for processing and packaging ceramics. A majority of moulds and dies
equipment, with the domestic market for are utilized by Thailand’s automotive and
such equipment having grown 20% annually E&E industries. Stamping, progressive and
for the past several years. Imports comprise forming are the most common types of metal
a large portion of this market – with a total mould, while injection and blow are plastic
value of nearly US$263 million in 2009 – and moulds widely used by the auto and E&E
most come from advanced economies such makers as well as the packaging industry. The
as Japan (33%), Germany (30%), US (22%) and automotive industry is expected to expand
output of vehicles in 2010, and accordingly
Italy (15%).
die casting used in the manufacturing of
The most imported food processing and such items as engine blocks, crank shafts,
packaging machinery by value was machinery front cases, oil pans, gear boxes and auto
for filling, closing, sealing, capsiling, or safety parts present particularly attractive
labeling bottles, worth over US$100 million in opportunities.
2009, the biggest increase in imports over the
last three years with a growth value of 32%. Local mould and die manufacturers are
only partly able to meet the increasingly
Import categories that rose in 2009 included sophisticated demands of Thailand’s
machinery and apparatus for filtering or downstream industries, leaving a significant
purifying water (8.6%) and machinery for the opportunity in the market to higher quality
mould and die imports from foreign
preparation of meat and poultry (3.7%).
manufacturers. Japan is the source of around
7. understanding and improving procedures
and management; since the project began,
39 enterprises have received ISO 9001:2000
certification and 81 enterprises have
developed programs for compliance with ISO
9001:2000 standards.
Major Mould & Die Clusters in
Thailand
half of the total mould and die imports, with
China a distant second followed by Taiwan 1. Mould & Die Cluster of Thailand (MDCT):
most members are located around
and Korea. In 2009, Thailand imported US$568
Bangkok, Samutprakan, Chachoensao
million worth of moulds and dies and exported
and Rayong.
US$203.5 million mainly to Japan, US and
China. Closing this trade deficit presents an 2. Thai Mould and Parts Cluster (TMPC):
most members are located around
investment opportunity in Thailand’s mould
Bangkok, Samutsongkram and
and die industry, which is made even more
Samutsakorn.
attractive by growing downstream sectors
3. Thai Mould and Die Industry Assiciation
and a supportive government.
(TDIA): most members are located
around Bangkok.
In order to advance the sector, the Thai
government has initiated the Mould and Die 4. Nano Global Precision Cluster (NGPC):
most members are located around
Industry Development Project for 2010-1014.
Bangkok, Phatumtani and Ayutthaya.
This project supports 20 industry related
educational institutes and has invested in
the expansion of 225
mould factories. It has
Thailand’s Top Import and Export locations for
surpassed its original
Moulds and Dies, 2009
aim of establishing
5 mould excellence
Import Origins
Export Destinations
centers with public and
Country
Value
Country
Value
private funding, having
US$ Million
US$ Million
established 7 as of
June 2008. One of the 1 Japan
343.48
1 Japan
64.40
many functions of the
59.59
2 India
27.33
excellence centers is to 2 China
train mould technicians 3 Taiwan
47.69
3 USA
19.19
and since the opening
36.96
4 China
11.76
of the centers 4,426 4 Korea
t e c h n i c i a n s h a v e 5 Singapore
19.88
5 Malaysia
11.64
been successfully
15.82
6 Vietnam
11.45
trained. The project 6 Malaysia
als o a i ms to r ai s e 7 USA
7.37
7 Indonesia
10.97
production standards
5.54
8 Singapore
3.94
to make Thailand more 8 Germany
c o m p e t i t i v e i n t h e 9 Hong Kong
4.99
9 Germany
3.61
world market both by
4.50
10 Canada
3.46
enhancing technical 10 Canada
8. WHY THAILAND
There are many reasons to choose Thailand as
your machinery and metalworking production
base. Among other things, Thailand boasts:
Strong Business Climate – In Doing
Business 2010, the World Bank ranked
Thailand 12th in the world and 3rd in East
Asia and Pacific for ease of doing business.
Machinery and Mould & Die
Clusters - In order to foster greater
productivity and efficiency in the industry, the
government has encouraged the development
of national machinery and mould & die
clusters. Proximity between firms and their
input suppliers allows for not only enhanced
communication, but also improved flow of
goods.
Growing Domestic Demand
–
Thailand’s dynamic manufacturing industries
have established a presence in world markets
and are expected to expand even further,
while urban development and infrastructure
projects fuel a growing construction industry.
All of these increases in economic activity
rely on the machinery and metalworking
industries for support, making prospects for
these industries very bright indeed.
- Automotive Industry
- Food Processing Industry
- Southeast Asia’s largest vehicle
- World’s largest exporter of rice,
producer and world’s 2nd largest
sugar, cassava, processed chicken,
producer and market of pick-up
canned and frozen seafood and
trucks
processed pineapple products
- Thailand is the world’s 13 largest
- World’s 19th largest agriculture
automobile manufacturing country
output
- Production of vehicles to reach 1.4
- Construction Industry
million in 2010
- Construction industry is expected to
- Electronics/Electrical Appliances Industry
grow at an annual rate of 5.5% from
- World’s #1 HDD components
2008-2012
manufacturing base (1.4 million in
- Public investments totaling up to
2010)
US$14 billion planned for expanding
- World’s 4th largest producer and 9th
roads and mass transit (MRT,
largest exporter of air conditioning
Skytrain) in and around Bangkok
units
9. Thailand’s extensive road networks, world
class deep sea ports, such as Laem Chabang
Deep Sea Port, and a new international airport
make exporting easy and efficient.
Competitive Workforce – Thailand
not only boasts relatively low labor costs,
but also has an exceptionally well-educated
workforce. Literacy rates are uncommonly
high at 96%. Currently, 56 public and
private engineering institutes in Thailand
are accredited by the Council of Engineers.
There were 111,314 Thai graduates in science
technology and engineering in 2009.
Investor-friendly Environment – In
addition to the many incentives provided
by the BOI, the Thai government imposes
no export requirements, no local content
requirements, no location requirements,
and no foreign equity restrictions on
manufacturers.
Access to Markets – Thailand has
successfully negotiated many free trade
agreements (FTAs). These FTAs include those
with ASEAN member nations, Australia,
New Zealand and Japan. Thailand’s prime
location in the heart of Southeast Asia and its
membership in the ASEAN Free Trade Area
(AFTA) allow Thailand unparalleled access
to ASEAN’s market of 550 million people.
The tariff on machinery exported to ASEAN
nations was eliminated at the outset of 2010.
Great Infrastructure
– There are
many industrial estates which focus on the
metalworking and machinery industries and
provide them with state-of-art facilities.
Excellent Institutional Support –
the Thai government is aware of the need
to support the continued development of the
machinery and metalworking industries, as
well as the technological capabilities of its
workforce. Thailand offers many resources
for research and development (R&D),
technical training and industrial organization,
including:
- Thai-German Institute (TGI)
- National metal and Materials Center
(MTEC)
- Bureau of Supporting Industries
Development (BSID)
- Metal-working and Machinery Industry
Development Institute (MIDI)
- Thai Tool and Die Industry Association
(TDIA)
- Thailand’s Institute of Scientific and
Technology Research
- Thailand-Japan Technology Promotion
Association (TJTPA)
- Metals and Materials Research Center –
Kasetsart University
10. BOI INCENTIVES FOR
THE MANUFACTURE
OF MACHINERY AND
MACHINE TOOLS
The Board of Investment offers a host of fiscal
and non-fiscal incentives and investment
services that range from corporate tax
exemptions to assistance with work permits
and product sourcing for the manufacture of
a wide range of machinery, equipment and
parts.
Manufacture of machinery, equipment or parts
that have engineering design; manufacture
of farm machinery or equipment and food
processing machinery or equipment; and
manufacture of energy-conserving; machinery
or equipment and machinery or equipment
which uses alternative energy are classified
as priority activities of special importance
and benefits to the country. As such, they
receive an eight-year corporate income tax
holiday and are exempt from import duties
on machinery, regardless of location, as
well as other location-based incentives, and
are not subject to the corporate income tax
exemption cap.
Manufacture or repair of moulds and dies and
manufacture of other machinery, equipment
and parts are classified as priority activities
and receive an eight-year corporate income
tax holiday and are exempt from import
duties on machinery, regardless of location,
as well as other location-based incentives.
The BOI also offers location-based incentives
for the manufacture of hand tools and
measuring tools, manufacture of metal
products, including metal parts, while the
manufacture of sintered products and the
manufacture of steel products or parts that
contain metal casting process using induction
furnace or forging process in the project are
treated as priority activities.