The Future Looks Bright for Thai Subcontractors
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In the next 5 years, the EEC has set an investment target of 2.2 trillion baht, especially for foreign investments in new targeted new s-curve and green economy projects (BCG) including sectors such as 5G technology, digital & electronics, wellness & healthcare and infrastructure development. As for investment in the next generation of automobiles and electric vehicles, the Thai government's EV policy is already ahead of other ASEAN countries. It intends to continue to be the manufacturing center of ASEAN, which already attracts major automotive companies and investments in the areas of battery, electric system, EV infrastructures, and EV parts. These developments will soon be expanded to other areas in Thailand.
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