The American Chamber of Commerce in Thailand
AMCHAM Corporate Partners 2015 AMCHAM Corporate Partners - Platinum 2015
Chevron Thailand Exploration & Production, Ltd. - AMCHAM 2015 Corporate Partners - Platinum Citibank, N.A. - AMCHAM 2015 Corporate Partners - Platinum Coca-Cola (Thailand) Limited - AMCHAM 2015 Corporate Partners - Platinum General Motors (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Platinum McThai Co., Ltd. - AMCHAM 2015 Corporate Partners - Platinum Philip Morris (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Platinum
AMCHAM Corporate Partners - Gold 2015
Bank of Ayudhya Public Company Limited - AMCHAM 2015 Corporate Partners - Gold Ford Motor Company - AMCHAM 2015 Corporate Partners - Gold Hemaraj Land And Development Public Co., Ltd. - AMCHAM 2015 Corporate Partners - Gold Seagate Technology (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Gold
AMCHAM Corporate Partners - Silver 2015
American School of Bangkok - AMCHAM 2015 Corporate Partners - Silver Amway (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Silver Boon Rawd Brewery Co., Ltd - AMCHAM 2015 Corporate Partners - Silver Caterpillar (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Silver Dow Chemical Thailand Ltd. - AMCHAM 2015 Corporate Partners - Silver Esso (Thailand) Public Company Limited - AMCHAM 2015 Corporate Partners - Silver FedEx Express - AMCHAM 2015 Corporate Partners - Silver KIS International School - AMCHAM 2015 Corporate Partners - Silver LA-Z-BOY (Thailand) Ltd - AMCHAM 2015 Corporate Partners - Silver Pfizer (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Silver Procter & Gamble Trading (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Silver Property Care Services (Thailand) Ltd. - AMCHAM 2015 Corporate Partners - Silver RMA Group Co., Ltd. - AMCHAM 2015 Corporate Partners - Silver Sansiri Plc. - AMCHAM 2015 Corporate Partners - Silver Transpo International Ltd. - AMCHAM 2015 Corporate Partners - Silver Visa International (Asia-Pacific) LLC. - AMCHAM 2015 Corporate Partners - Silver YUM Restaurants International (Thailand) Co., Ltd. - AMCHAM 2015 Corporate Partners - Silver Servcorp Co., Ltd. - AMCHAM 2015 Corporate Partners - Silver

Thailand: Open to Foreign Investment

Despite internal political tensions and severe flooding in 2011, Thailand continues to maintain an open, market-oriented economy and encourages foreign direct investment as a means of promoting economic development, employment, and technology transfer. In recent decades, Thailand has been a major destination for foreign direct investment and hundreds of U.S. companies have invested in Thailand successfully. Thailand continues to welcome investment from all countries and seeks to avoid dependence on any one country as a source of investment. Following the significant impact of flooding in 2011, investors are seeking implementation of an improved government water management plan as a critical element to maintaining investor confidence.

The Thai economy remains resilient in the face of the floods and the continuing global economic crises. GDP growth in 2010 was nearly 8 percent, and the government anticipated 2011 growth at a rate of four to five percent pre-floods (year-on-year). However, with flooding affecting 60 of 77 provinces, a contraction occurred in the fourth quarter following growth of 3.1 percent in the first three quarters. Annual GDP growth for 2011 was 1 percent for the year.

Despite reduced economic performance due to the floods of 2011, Thailand was able to recover and record an annual GDP of 6.5% in 2012. Fixed investment reached a high base after being propelled by reconstruction and replacement of damage done by the 2011 floods. For 2013, the annual GDP expanded 2.9%. Consumer confidence has been on a downward trend since March 2013 and fell in January of 2014 to a 2 year low.  In the fourth quarter of 2013, the Thai GDP grew only 0.6% compared to 2.7% from the previous quarter as poltical unrest hurt demand, tourism, and investment. 

Projections of the 2014 Thai GDP growth were estimated at 4.5% at the beginning of the year, however, due to continued political violence and demonstrations the projected annual GDP was revised to 2.5% but could drop as low as 1.4%. Despite Thailand's current political situation, the country has experienced a steady increase in exports of 4.8% due to rising demand from Thailand's bordering nations of Myanmar, Laos, and Vietnam. Thai businesses are also planning to increase their investment into e-commerce as the smartphone industry continues to grow rapidly.

Thailand is also preparing to become a part of the ASEAN trading bloc which will take affect starting in 2015. 

• Organizational Overview

• Economic Overview

• Commercial Opportunities

• Treaty of Amity

• Registration, Work Permits

• Land Ownership

• Privatization

• Conversion and Transfer Policies

• Dispute Settlement

• Priority Sectors for Investment and the Board of Investment (BOI)