Market Intelligence
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Thailand’s pet products market continues to grow after COVID.
The State Railway of Thailand aims to procure 946 freight cars and bogies after receiving approval from the new Thai cabinet.
$46.1 million approved for water management projects through 2023.
Thailand’s tourist airport, Nan Nakhon, will undergo Environmental Impact Assessment (EIA) for airport expansion, an opportunity for U.S. airport technologies.
Thailand promotes electric vehicles (EV) by reducing import tariff on EV cars ranging from zero to 40 percent, depending on the engine size, until 2023.
Thailand’s Industrial Standards Institute is expediting standards for electric vehicles (EV) to increase EV production and the use of zero-emission vehicles.
Thailand’s Personal Data Protection Act (PDPA), fully enforceable this year, offers opportunities for U.S. companies in data technologies and services.
Thailand’s closer alignment with ASEAN Medical Device Directive brings about standardized medical device regulations focusing on patient safety.
Thailand’s 20-year Smart Grid Master Plan opens opportunities for U.S. companies to provide cost-effective technologies for a greener energy future.
U-Tapao Airport expansion creates opportunities for aircraft repair, and developments of airport city and commercial areas.
Thai distributors seek personal care and beauty products to add to their product offerings in this growing market.
Increased internet and mobile phone use contribute to the growth of eCommerce in Thailand.