France Ambassador to Thailand, lead delegates to Issan Region, exploring aerospace investments

Exploring

Exploring (Photo credit: Wikipedia)

A French delegate, lead by the French Ambassador to Thailand, have visited Thailand’s Issan region, to explore potential in aerospace investment in the region, reports Prachachart Turakij, a business newspaper in Thailand. Some aviation related press, have lauded Thailand’s 10 year plan, to become a regional aerospace hub, as a success. Spear-heading that drive, has been the Thai Board of Investments (BOI). Thailand’s Issan region’s economy shows no sign of slowing, as investments in new factory in the region is up 36.48% to close to US$2 billion, in the first 8 months of the year, says BOI. BOI says the year target for investments in new factory in the Issan region, is set at about US$ 3 to 4 billion. Thailand’s Issan Region, being mostly a high platuer, is not subject to long-lasting severe flooding, but mostly hit with flash flood. With Thailand’s massive flooding a few years back, many investors are heading to the Issan region to set up factory, that apart from safety from flood, is plentiful in labor supply. (Source)

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