b) Thailand
The domestic industry in Thailand had shown dramatic growth which resulted in is national economic growth in
recent years. As a consequence, the labopimensive industry, requiring only modest upfront investment. has been
forced to operate in a low—cost area away. distant from the Thai capital. thennore. due to a 300 baht/day
minimum wage, introduced in 2013, labor-intensive industries began to plan low-cost operations by relocating
manufacturing facilities in the neighboring countries outside of Thailand to take advantage of these countries’
cheap labor. Currently the Thailand Board of Investment (BOI) is considering a policy that would encourage the
transfer of labor-intensive industries to neighboring countries through a new to be enacted in 20l5.