Nov 22, 2023
Thailand anticipates surge in smart electronics and IT sectors due to EV production
Thailand's Office of Industrial Economics (OIE) expects significant growth in the smart electronics and IT sectors in the coming year, driven by the production of electric vehicles (EVs) by global manufacturers. The government aims to establish Thailand as a regional hub for EVs and has formulated an eight-year EV roadmap. However, Thailand's export sector has been impacted by global economic deceleration and policies promoting domestic manufacturing in other countries.