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Thailand Investment Opportunities In Machinery and Metal Working. Opportunities in Machinery. Thailand continues to industrialize, but is dependent on foreign industrial machinery for immediate future.
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Thailand Investment Opportunities In Machinery and Metal Working
Opportunities in Machinery • Thailand continues to industrialize, but is dependent on foreign industrial machinery for immediate future. • Industries in Thailand developed over the past decade with parallel increases in demand for machinery imports. • High demand for: • Food processing and farm machinery • Alternative energy/energy conservation machinery • Textile machinery • Automotive machinery • Mould & Die Industry
Year 2006 (Oct): • Japan 27% • China 17% • USA 10% • Taiwan 7% Million USD 1USD=40 THB
Opportunities for Agro-Machinery (1) In 2005, over US$ 54 million in agricultural machinery was imported into Thailand for such diverse uses as soil preparation, harvesting, sorting grinding and milling.
Agro-Industry Machinery Needs Thailand needs to continually improve to remain competitive and meet increasing international standards Large and growing markets for: • Farm machinery • Food processing machinery
Opportunities for Food Processing Machinery • High demand for such machinery products as drying, cooling and purifying machines; fruit, vegetable and cereal processing machines, and also for animal feeding. • More than 9,000 food-processing companies create a high demand for packaging machinery such as filling, closing, sealing, wrapping and labeling machines. • Demand for 600,000 tons of tinplate per year for packaging of agriculture products and canned foods
Textile machinery • Thailand dependent on imported textile machinery, particularly bleaching, dyeing, printing, finishing machinery. • Thailand imported over $500 million of textile production machinery in 2004
Textile Machinery Opportunities Investment opportunities also in other types of textile/garment machinery needed: Packaging, Test and control equipment, Production machinery • Machinery for recycling businesses • Machinery for metal industries • Electrical control systems • Large plastic injectors
Alternative Energy/Energy Conservation Machinery Investment Opportunities • Manufacture of energy-saving machinery/equipment • Manufacture of machinery/equipment using alternative energy
Mould & Die Industry Cabinet’s Support on National Mould & Die Industry • The year 2004 –2009Promotion Period • Objectives • Development of 5 Excellence Mould & Die Industry Centers • Leverage 20 educational institutes related to Mould & Die Industry • Leverage the standard of Thai mould & die industry to be in line with leading industrial countries • Train 7,700 workforce in the industry
At present, dies for car bodies are locally made in Thailand. Germany, USA. Japan Mould & Die for automobile (bodies) Taiwan, Korea Thailand For semi-conductor For automotive parts, general electronic parts Asia Home electric appliances Source: Thai-German Institute Level of Technology for Mould & Die in Thailand
More Moulds & Dies Needed in Thailand Thailand is still in need of moulds & dies to produce the following products: Moulds for Die Casting - Engine block - Crank shaft - Front case - Oil pan - Gear box – auto - Safety parts : Master pump & Clipper brake Moulds for Plastic Injection - Automotive Electronic Control Unit(ECU) - Housing for automotive steering column - Automotive dashboard - Partsfor digital camera & cellular telephone - Parts for notebook computer andPDA (personal digital assistant) Transfer press dies - Automotive body press die
Specific industrial machinery needed: • Turning machines • Drilling machines • Milling machines • Grinding machines • Machine Centers • Gear Cutting & Finishing Machines • Die Sinking EDMS • Wire Cut EDMs • Laser Beam Machines • Plasma Arc Cutting Machines • Electron Beam Machines • Broaching Machines
2006 production ~ 1.188 million units (World’s 14th largest) 2006 Export 580,000 units Largest in Southeast Asia Capacity of 2.0 million units in 2010 World’s largest production of one-ton pickup trucks 860,000 units in 2006 Thailand: Automotive Hub of ASEAN
Auto assembly for local and export markets under AFTA and other FTA arrangements Auto part manufacturing to serve domestic and export markets Potential small car hub -- low fuel consumption NGVtarget: 256,600 NGVs by 2011 Investment Opportunities in Automotive Industries