29 Aug 2016
THAILAND: Non-ASEAN Companies Cleared to Invest in Agriculture, Fisheries, Forestry, Mining and Industrial production
Non-ASEAN companies and individuals will now be permitted to invest in five previously restricted sectors - agriculture, fisheries, forestry, mining and industrial production. This is on condition that they are currently operating in another ASEAN member state and will be investing in Thailand as part of a regional expansion initiative.
Previously, access to these sectors was restricted solely to domestic and ASEAN investors. The move comes as part of Thailand’s bid to boost connectivity within the ASEAN bloc through the promotion of regional production chains.