US tariffs prompt relocations to Thailand

Quick Summary:

Thailand is poised to attract more investment in electric vehicles, smart electronics, home appliances and high-tech industries next year, with manufacturers relocating to avoid US tariffs, according to Amata Corporation.

Japanese companies are the top investors in Amata estates with some 730 companies, followed by the Chinese with around 400 companies.

Amata City industrial estates in Rayong and Chon Buri cover 10,000 rai of land in the Eastern Economic Corridor.

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Article Details

Category: EconomyBusiness

Markets: ThailandChinaIndonesiaJapanLaosMalaysiaSingaporeTaiwanVietnam

Topics: Investors Companies Thailand Year Industrial Investment Estates Amata Industries Chinese Energy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 04:00:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 422 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 23561496

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