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Home » Could Thailand Become Major Logistics Hub in Southeast Asia?

Could Thailand Become Major Logistics Hub in Southeast Asia?

January 11, 2016
Air Cargo World

Thailand's economic policy, which focuses on high-tech manufacturing and expansion of trade, combined with increased foreign capital inflows, will support accelerated growth in air services, the report said. Frost & Sullivan estimates that Thailand's logistics industry earned revenue of $71.7bn in 2014 and the consultants believe it will reach $96.5n by 2019.

Thailand is part of the 10-member Association of Southeast Asian Nations (ASEAN), which also includes Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore and Vietnam. Frost & Sullivan found that the formation of ASEAN in 1967 and the impact of various free-market agreements on key manufacturing sectors outside the region are shaping Thailand’s logistics landscape.

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Logistics Facility Location Planning Global Logistics Logistics Outsourcing Transportation & Distribution Global Trade Management
KEYWORDS 3PL Air Cargo World Asia Pacific trade Facility Location & Network Design Global Logistics Global Trade Management international trade Logistics logistics management: global logistics Logistics Outsourcing logistics services Transportation & Distribution
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