Logistics industry in Thailand
In Thailand, logistics is one of the keys to facilitate exchanges between the various economic players. The latter contributes to the economic development of the country and its citizens. With relatively low costs, the growth of logistics activities allows the development of new infrastructures.
In Thailand, the number of projects approved was 3,485, at a value of 39,942 billion baht (about 1,05 billion euros).
The Thai logistics infrastructure is fueled by several key points: Kunming-Singapore Asian Rail Network, Myanmar’s Dawei / Tavoyport to serve Thailand & China, IMGT Logistics framework -Retracingcraddleof trade routes in South East Asia and Economic ascension of troubled regions: Isaan & South.
The exchange of data between the various Asian commercial players and the implementation of the ASEAN charters have made it possible to simplify the documentation and reduce the time taken for commercial transactions, which have increased from 24 to 15 days on average.
The logistics industry has therefore to combine the 7 services offered by the companies and the 6 government offices into one: the National Sign Window (NSW).
The logistics sector is totally independent of government, which can not apply favors or dams to a company. It can offer world-class services and ultra-competitive rates.
Thus, the Thai logistics industry has been able to identify the most successful factors and apply them to develop faster, avoid potential obstacles and has experienced a 340% increase in activity in 14 years. It has created thousands of jobs in procurement and client services.