STA Law Firm https://www.stalawfirm.com/en.htmlenCopyright 2024 STA Law Firm All Rights Reserved<![CDATA[Thailand]]> Thailand is a newly industrialized country, regarded today as the largest growing economic market. It serves as a gateway to Southeast Asia and the Greater Mekong sub-region, where newly emerging markets offer great potential for business. With an export-dependent economy, with exports accounting for more than two-thirds of its gross domestic product (GDP) Thailand has enjoyed steady growth, not the least of which is due to its abundance of natural resources. Its skilled workforce provides foreign investments a comparative advantage in the world economy, further boosting the development of the nation and its people, at the advantage of the investor.

On the domestic level, Thailand has a dynamic, adaptable infrastructure. This, coupled with its modernised transportation facilities, and upgraded technology services ensure optimum business and living conditions. The nation has also taken great strides in implementing liberalized investment policy, with a focus on stimulating free trade by foreign investors.

The government of Thailand is constantly working toward promoting foreign investment by way of incentives which provide a friendly business environment. These, together, encourage investors to dip their feet in the Thai economy, before spreading more regionally, particularly in the areas of research and large-scale investment. These foreign investments do well to promote innovation of skills and technology both in the region, and globally.

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