Ath Pisalvanich, director of the university’s International Trade Studies Centre, said 480 of 4,000 small and mediumsized Thai enterprises are planning to invest in neighbouring Indonesia, Myanmar and Laos with a total investment of Bt77 billion.
The political turmoil will compel other manufacturers to relocate from Thailand, he said, adding that about 1,440 Thai operators will possibly move their production bases to neighbouring countries.
The Nation