Foreign investors flock to Thailand

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7 Nov 2010

Foreign investors flock to Thailand

The world economy is stuttering to recover across the west, but Asia is booming and keeping global growth going.China is the engine, but South East Asian nations are also flourishing, and even places like Thailand, fresh from a political crisis, are growing in double-digit figures.Companies are coming from the world’s big economies to tap new markets and investors are pouring money in to a place where they will get good returns.Thailand has a mixed image, from the modern skyscrapers towering above the chaos of backstreet Bangkok, to the beaches, islands and seedy bars where tourists flock, to the rural rice paddies in its agricultural heartland.But what is Thailand’s main money maker? Tourism doesn’t even come close and neither does rice.Its biggest export is computer hard disk drives – manufacturing is the industry which is driving this growth.

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