overview of the economic prospects, political developments and relevant infrastructure quality of the country.
▪ Thailand has enjoyed a strong economic growth of 7.6% from 2008 to 2012. Despite the current political climate, this strong
positive trend is expected to continue, with forecasted GDP growth of 4% - 5% in 2014.
▪ Thailand has undergone multiple political reforms in the past decade, with the current political tension continuing beyond the
February 2014 election. The uncertain political climate has put on hold several government projects, posing a risk for
investment.
▪ The overall quality of infrastructure in Thailand is one of the most developed in the region, with the exception of railways.
▪ The government plans to invest heavily in the improvement of the current underdeveloped rail infrastructure, providing a
major opportunity for investment.