A.T. Kearney is a global management consulting firm. In this year’s survey, 22% of the respondents said they were more optimistic about Thailand’s economic outlook over the next three years, compared to a year ago. 

“Thailand has been one of the success stories of Southeast Asia. It has moved from a low-income country to an upper-income country in less than a generation, creating an attractive pool of potential consumers with higher disposable incomes. That has been a pull factor for companies looking to enter Thailand,” said Soon Ghee Chua, partner and head of Southeast Asia at A.T. Kearney. 

He said Thailand had also emerged as a manufacturing hub. Many companies have set up facilities in the country and export goods to other parts of the region from Thailand. 

“The country is also a member of Asean, further adding to its lure for companies looking to tap into the 10-nation economic bloc’s growth potential. In particular, the strong growth of Myanmar, Vietnam and other countries in the Greater Mekong Region have made Thailand a natural hub to enter those countries,” Mr Soon added. 

Credit and view full story at Bangkok Post