Thailand is believed to be The Logistics Hub of ASEAN in the light of upcoming ASEAN Economic Community (AEC) due to its centralized geographical position. According to Mickael Feige, the Manager – Thailand of Solidiance, the road transportation is currently and will remain a dominant mode of transport for both domestic and cross-border transit transportation. Under the upcoming ASEAN Economic Community (AEC) 2015, the maximum business ownership limitation for foreign logistics companies would be increased to 70% from the current 49%, potentially boosting foreign investments in the industry.
Get more information about the current overview and outlook of Thailand’s transport/logistics industry in the light of upcoming AEC 2015 by downloading our white paper here.