Amata sees capital inflow from China, Japan
Amata Corporation Plc, the leading factory park developer, anticipates a flow of investment from Japan and China as the economic and investment policies of the provisional government become clearer to foreign firms ahead of the Asean Economic Community 20
Amata hopes to sell about 1,000 rai of industrial land late this year after foreign investors took a “wait-and-see” pause in the first seven to eight months, Viboon Kromadit, chief operating officer, said yesterday.
More investors from abroad, especially China, are expected to secure industrial sites in this country to prepare for and take advantage of the vast business opportunities presented by the seamless market under the AEC.
Thailand has a geographical and logistics edge over other Asean nations, as well as plentiful labour and raw materials and an accommodative culture.
Local businesses must improve their organisational and management competencies and develop their workers’ skills and foreign language proficiency to prepare for the influx of foreign investors and businessmen.
Multinational companies are interested in the investment potential of countries such as Thailand, Indonesia, Laos, Myanmar and Russia.
China has allocated U$1 trillion for foreign investment, of which $600 billion is for Asean and $400 billion for other regions, he added.
