The decoupling of global supply chains following trade conflicts between the US and China could benefit Thailand in the automotive, electrical appliances, and electronics industries.
Thailand needs to ramp up in-depth research and data analysis at provincial and regional levels to identify target markets for exports or investment in order to formulate appropriate promotion policies, according to the latest study by the Trade Planning and Strategy Office (TPSO).
The planning unit advised Thailand to accelerate building a skilled workforce ready for targeted and high-tech industries such as chip design and chip manufacturing. This is essential in order to facilitate the entry of foreign workers into Thailand who possess quality and expertise, said Poonpong Naiyanapakorn, director-general of the TPSO.
