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The new investment promotion strategy (2023-2027) sets out to promote investment to restructure the country’s economy around three core concepts, namely:

⚙️ Innovation, technology, and creativity

⚙️ Competitiveness and the ability to adapt quickly 

⚙️ Inclusiveness, taking into account environmental and social sustainability

During the last nine months, applications for investment promotion in 12 targeted industries totaled 286,699 million baht, mostly in the automotive and parts industry, electrical appliances and electronics, food industry, petrochemicals and chemicals. While foreign direct investment (FDI) had a total value of 275,624 million baht, mainly in the electric vehicle (EV) industry, electrical appliances and electronics.

This industrial investment and development will substantially benefit the Thai Subcontracting industry. Thailand has long been considered one of the world’s most attractive subcontracting destinations and is best known for their superior craftsmanship and quality. SUBCON Thailand 2023 is considered a center and the world's most attractive industrial subcontracting destination and also the region’s major business-matching event.

⚙️ The only show with the full support and co-organised by the Thailand Board of Investment (BOI) and the Thai Subcontracting Association

⚙️ The longest and established show in the region for sourcing industrial parts and business matching

⚙️ Local and International Industrial Part Buyers will be invited by BOI’s offices around the world

⚙️ Regional top Business matching program for exhibitors to present and discuss with major Part Buyers

⚙️ 9,232 quality trade visitors from Tier 1 and 2 manufacturers from 26 countries in major industries especially the new s-curve

THB 7.22 billion in business transactions took place during the last edition. Excellent feedback received from exhibitors as good lucrative new business contacts were established with major local and international industrial part buyers. Exhibitors were fully satisfied with the business opportunities presented.

Don’t miss out! Book your space today while it is still available.

INTERMACH 2023 the leading exhibition of machinery technology and the subcontracting industry for parts procurement in ASEAN, has been prepared by merging with multi-sector cooperation to expand its profile. This includes bringing the plastic innovation trend to show for the first time in Thailand with the event "Plastic & Rubber Thailand 2023" which aspires to push forward to unlock Thailand into the future industrial revolution.

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