Thailand Looks To Duplicate Automobiles Success For Aerospace
FARNBOROUGH AIR SHOW » 2014 by NEELAM MATHEWS Along with Thailand’s Board of Investment, Amata Corp., a developer and manager of industrial parks in Southeast Asia already established in Bangkok, Chonburi and Rayong, as well as in Vietnam, has big plans for an aerospace cluster in Thailand, which could include MRO facilities serving airlines such as Thai Airways. July 15, 2014, 6:20 AM In view of its success in nurturing a thriving automobile industry–the ninth largest in the world–and as Asia edges toward becoming the world’s largest growth market for aviation, Thailand’s Board of Investment ( BOI ) is considering building an aerospace industry starting with Tier 2 and Tier 3 suppliers servicing global OEM supply chains. The ASEAN Economic Community ( AEC ) regional economic integration plan envisions establishment of a single market and production base by 2015. Thailand already has an $800 million a...