Transportation

Thailand ready to be ASEAN’s Logistics Hub

by Duangkamol Buranasomphop


 

            Solidiance latest paper provides a snapshot of the current logistics market in Thailand, and points out the opportunities and challenges faced by this industry during the AEC integration and economic development — which put Thailand in a spotlight to become the logistic and transportation hub of ASEAN.

            The impending changes in its competitive landscape of the transportation, logistic and trade industries are fueling a strong growth momentum on all trades via Thailand linkage with CLMV (Cambodia, Lao PDR, Burma, and Vietnam) countries.

            This paper demonstrates what are the key drivers and root strategies for both international and local logistics and transportation businesses, in order to gain a solid foothold in the future competition led by the liberation of goods flow under AEC. Given its centralized geographic position, much attention has been given to Thailand’s prowess to become the logistic hub in ASEAN.

            And in the light of the upcoming ASEAN Economic Community (AEC) by 2015, the country of which logistic competency ranks the 3rd in Southeast Asia region as of 2012 (just behind Singapore and Malaysia) is expected to experience a change in the competitive landscape of the transportation, logistic and trade industries in the country – fuelling a strong growth momentum on all trades via Thailand linkage with CLMV (Cambodia, Lao PDR, Burma, and Vietnam) countries.

 

Content: thailand-business-news.com
Picture: thailand-business-news.com

Duangkamol Buranasomphop

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