Thailand’s thrust: Maintenance and manufacture
Written by Neelam Mathews Tuesday, 07 October 2014 06:00 With Thailand’s aerospace industry booming, Neelam Mathews reports on the country’s latest MRO developments Thailand’s focus on aerospace is fast making it an emerging centre for component manufacture and maintenance While investors have indicated that they would like the return of an elected government, in July alone, Thailand’s Board of Investment (BOI) approved applications for 15 industrial projects valued at $1.6bn, indicating business was back to normal. A string of incentives are making investors bullish about moving their business to a country that has already become the third largest in the world in terms of automobile manufacture. Building the future Recognising that infrastructure is a basic need, deputy secretary general of the BOI, Ajarin Pattanapanchai, has said that plans for an aerospace industrial park will be announced soon. The country is looking to encourage Tier 2 ...
