1. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Opportunities for New Projects in Thailand Achara Chaiyasan First Secretary Royal Thai Embassy, Seoul 19 November 2013

2. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Thailand: a Strategic Hub in Mainland ASEAN ASEAN +6 (Japan, China, Korea, India, Australia,NZ) Pop: 4,937 Mil. Persons GDP: 19,792 Bil. USD Middle Income: 41 Mil. Persons (65%)

3. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Thailand: Upper Middle Income Country Source: Office of the National Economic and Social Development Board of Thailand (NESDB) Thailand’s Global Economic Ranking 1 st Largest Hard Disk Drive Producer 1 st Largest 1-ton pickup truck 2 nd Largest pickup truck producer 13 th Largest Tourists Receipts 19 th Largest Agricultural Output 20 th Largest Manufacturing Output 1 st ASEAN Largest Automobile Producer 1 st ASEAN Largest Electronic Appliance Producer 2 nd ASEAN Largest GDP 23 rd Largest Economies by Purchasing Power 34 th Largest Economies 37 th Largest Services Output GDP Growth (%)Avg. 1961 - 2010 World3.49 China8.24 Korea7.21 Singapore7.89 Malaysia6.45 Thailand6.38 Indonesia5.40

4. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Thailand: Economic Outlook for 2013 Economic Indicators2013 (%) GDP4.2 – 5.2 Private Consumption3.5 Total Investment8.9 Export7.6 Inflation2.3 – 3.3 Current Account to GDP0.9 3.8 – 4.3 Source: NESDB Manufacturing

5. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Thailand: Regional Free Trade Area Agreements RCEP:ASEAN+ 6 -Bilateral FTAs between Thailand and partners (including CEPA with RoK) -ASEAN Economic Community (ASEAN 10) -Regional FTAs between ASEAN + 3 (China, Japan, Korea) -Regional FTAs between ASEAN + 6 (China, Japan, Korea, India, Australia, NZ) Under the Negotiation ASEAN +3 AEC:ASEAN (10) To be effective: Jan 2016 CEPA (Thailand & RoK)

6. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL FDI in Thailand YearNo. of projects Value of FDI (Mil. USD) 20071,31721,155 20081,26214,404 20091,57323,346 20101,59114,439 20112,11221,714 20122,582476,560* (hit record high in 46 yrs) FDI from RoK to Thailand YearNo. of projects Value of FDI (Mil. USD) 200752373 200849139 200936266 201059164 201139249 201255196 (less than 1% of total FDI to Thailand) Source: Board of Investment of Thailand

7. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Tax incentives in Thailand Source: Board of Investment of Thailand

8. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Ease of Doing Business Source: Board of Investment of Thailand 11 th most attractive FDI host country (UNCTAD) 18 th Ease of Doing Business (World Bank) Lowest cost for prime office rents in Thailand (Bangkok) among major cities in Southeast Asia USD / sq.ft./ AnnumCityCountry 105Singapore 49JakartaIndonesia 48HanoiVietnam 47Kuala LumpurMalaysia 29BangkokThailand

9. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Thailand: Unparalleled Opportunities, Unbeatable Experience Source: Board of Investment of Thailand Top-ranked location in terms of expat lifestyle (HSBC) CountriesOverall ExperienceOverall Setting upOverall Quality of Life Thailand1 st 4 th 1 st Malaysia4 th 10 th 4 th Philippines5 th 12 th 3 rd

10. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL 10 Industries to be newly promoted in Thailand 1.Infrastructure and logistics (e.g. industrial zone, power generation from natural gas, water resources for industrial purpose, transportation and mass transit, commercial airport and logistics center) 2.Basic industry (e.g. steel, petrochemicals, pulp and paper, machinery) 3.Medical device and scientific equipment (e.g. medical device, medicine, medical food, scientific equipment) 4.Alternative energy and environmental services (e.g. power generation from renewable energy, recycling, wastewater treatment and industrial waste disposal service, Energy Services Company: ESCO) 5.Services that support industrial sector (e.g. R&D, HRD, engineering design, software, calibration services, Regional Operating Headquarter: ROH, trade and investment support office) 6.Advance technologies (e.g. bio/nanotechnology, advanced material technology 7.Food and agricultural processing industry (e.g. processed food, food additive, herbal extract, product from natural rubber, bio-fuel) 8.Hospitality & Wellness (e.g. tourism activities, Thai motion picture production, retirement home and care centre) 9.Automotive and other transport equipment (e.g. cars, motorcycle, train, aircraft, shipbuilding and maintenance) 10. Electric and electrical appliances (e.g. electronic design, solar cells) Source: BOI

11. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Opportunities for New Projects in Thailand Infrastructure Development (approx. USD 66 billion) Water Resource Management (approx. USD 12 billion) Alternative Energy BiomassSolar EnergyEnergy from Waste

12. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Infrastructure Development in Thailand Source: NESDB

13. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Metropolitan Rail System (Mass Transit) Source: NESDB

14. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Dual Track Rail System Source: NESDB

15. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL High Speed Train Source: NESDB

16. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Infrastructure Development linking Border Areas Source: NESDB Border Trade with Thailand 2012 (Ml. USD) Total25,000 2.23% Laos425 29.86% Myanmar5,814 9.79% Cambodia2,644 28.31% Malaysia16,623 7.98%

17. ROYAL THAI EMBASSY ROYAL THAI EMBASSYSEOUL Thank you! For more information, please contact Royal Thai Embassy, Seoul Tel: 02 795 0095 Email: rteseoul@kornet.net http://www.thaiembassy.org/seoul Facebook: Royal Thai Embassy, Seoul Twitter: @RTE_Seoul Trade Office of Commercial Affairs Tel: (02) 795-2431 http://www.buythai.or.kr/ Investment Board of Investment Tel: (02) 319-9998 http://www.boi.go.th/ Tourism Tourism Authority of Thailand Tel: (02) 779-5416-8 http://www.tatsel.or.kr/ Travel/ Logistics Thai Airways International PLC Tel: (02) 3707-0114 https://www.thaiair.co.kr/