Amata City Rayong has become the most popular industrial estate for Chinese manufacturers, who have opened over 500 factories in Thailand, with investments worth over 547.76 billion baht in recent years, the Industrial Estate Authority of Thailand (IEAT) announced.
The IEAT reported that, in the past few years, Chinese manufacturers have opened 585 factories and created 152,541 jobs across seven industries.
The IEAT also noted that Chinese investments now account for 14% of all foreign direct investments in the country.
For the top 5 industry sectors with the highest investments, they are:
Regarding industrial estates, the top 5 with the highest investments are:
The IEAT stated that the top three Chinese investors in Thailand are electric vehicle manufacturers: BYD Auto (Thailand), Great Wall Motor Manufacturing (Thailand), and SAIC Motor – CP Co. Ltd.