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Sector-specific opportunities

The UK Department for International Trade (DIT) publishes over 1,000 business opportunities per month across all sectors and over 100 markets. Sign up to receive regular free export opportunities alerts from its worldwide network, at: www.exportingisgreat.gov.uk.

 

Transport and infrastructure

Thailand plans to invest £66 billion between 2015 and 2022 in strategic infrastructure projects. Projects include:

  • three new double track train lines

  • upgrading national rail network with double tracking and expansion of the Bangkok mass-transit system

  • airport and port expansion projects

  • road and bridge upgrades

  • water management and flood prevention

There are opportunities for UK companies in the following areas:

  • project management

  • consulting engineering

  • design

  • operation

  • specialist innovative technology

Contact Trade and Investment Manager: attakorn.saropala@fco.gov.uk for more information on transport and infrastructure opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Agri-business and food & drink

Thailand offers significant opportunities for UK companies due to:

  • growing tourism

  • developing hotel and catering sector

  • increasing middle-class disposable income

  • large number of international residents

  • need for more sophisticated technology in agribusiness sector

There are opportunities for UK companies in:

  • pig genetics and breeding

  • animal feed

  • innovative technology and products

  • British beef and lamb exports (once lifting of BSE ban confirmed)

  • organic and healthy food products

  • confectionary

  • premium made in UK food and drink products

  • food packaging and processing equipment

Contact Trade and Investment Manager: thanatcha.laohakul@fco.gov.uk for more information on agri-business and food and drink opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Retail and consumer goods

Thailand, and especially Bangkok, is witnessing a massive retail boom. New shopping malls and retail concepts are opening across the country and there is substantial demand for quality international products.

Large retail groups are already home to leading British brands and have major investment plans.

Opportunities for UK companies include:

  • new British brands (franchise or direct entry)

  • clothing

  • footwear

  • personal care, including cosmetics

  • giftware

Contact Trade and Investment Manager: thanatcha.laohakul@fco.gov.uk for more information on retail and consumer goods opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Power and renewable energy

55% of total energy consumption is imported and the deficit is growing.

Thailand’s ‘energy masterplan’ aims to provide 25% of total energy consumption from renewable sources by 2022. The Thai Ministry of Energy (see: www.energy.go.th/2015/en/) is offering incentives for renewable energy in the form of Feed-in-Tariff (FIT) schemes. The Thailand Board of Investment (BOI) also offers a range of incentives for investment in renewable energy sector. See: www.boi.go.th/index.php?page=index&language=en

There are opportunities for UK companies in:

  • waste to energy

  • biomass and biogas

  • innovative technologies

  • advisory services

Contact Trade and Investment Manager: asa.chotchakornpant@fco.gov.uk for more information on power and renewable energy opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Education and skills

Thailand is positioning itself as the logistical hub for ASEAN. Many international companies have made Thailand their ASEAN hub stimulating demand for skilled English language speaking employees.

The Thai Ministry of Education (MOE) plans to enhance vocational education and is receptive to collaborating with overseas delivery partners, see: www.moe.go.th/en. Thailand needs the relevant skills to become a high value manufacturing economy so there’s a need to increase student numbers and provide higher quality vocational training.

There are opportunities for UK companies in:

  • English language provision

  • education products and services

  • private schools

  • vocational training

Contact Trade and Investment Manager: asa.chotchakornpant@fco.gov.uk for more information on education and skills opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Engineering

The engineering sector plays an important role in supporting the Thai manufacturing sector, which accounts for almost 40% of Thailand’s GDP.

There are opportunities for UK companies in:

  • manufacture and assembly of machinery

  • components and parts for the automotive and general engineering sectors

Contact Trade and Investment Manager: attakorn.saropala@fco.gov.uk for more information on engineering opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Pharmaceutical and healthcare

Thailand is a leading medical tourism hub. It’s healthcare and pharmaceutical sector continues to grow offering opportunities for new products and services.

Thailand imports 70% of medical devices from overseas.

There are opportunities for UK companies in:

  • medical equipment and devices

  • specialist treatment/technology

  • hospital standard certification

  • diagnostic equipment

  • e-health

  • elderly care equipment/technology and carer training

Contact Trade and Investment Manager: nipapat.hamilton@fco.gov.uk for more information on pharmaceutical and healthcare opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 

Information and communications technology (ICT)

The new Thai Government is moving ahead with a programme to speed up the development of the digital economy. Digital penetration is increasing in Thailand with:

  • increasing use of mobile phones, internet and social media

  • auction of 4G licences in mid-2016

  • TV going digital

  • 24 free-to-air channels with 24 more to be added in 2016 (watched by 83% of Thailand’s TV audience)

There are emerging opportunities for UK companies in:

  • TV content

  • e-commerce related technologies

  • information technology infrastructure, such as high-capacity broadband, data centres and digital gateways

  • verification systems to identify individuals online

  • cyber security

Contact Trade and Investment Manager: nipapat.hamilton@fco.gov.uk for more information on ICT opportunities.

[Source: Department for International Trade (DIT)/gov.uk]

 


 

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