Challenges
However, there are some challenges that Thailand must overcome in order to be a regional logistics hub. It needs to address competition from other potential logistics hubs in the region. Singapore, which currently serves as a regional logistics hub for many companies in South East Asia, will be Thailand's number one competitor. It already has a well established air and ocean transport infrastructure. Singapore also has the busiest port in the region, with an annual capacity of around 20 million TEUs (twenty-foot equivalent units). It also has a state-of-the art airport with good logistics support infrastructure and global connectivity. The country has a highly advanced information and COMMUNICATION network.