Why Thailand?

Economics & Politics
■ After an incident-free general election in July 2011, investors feel positive about the political situation in Thailand.
■ GDP growth: 4.5%
■ Foreign Direct Investment: USD 14 billion in 2011 expected, 70% growth
■ The Thai government is investing USD 48 billion on the "Strong Thailand Scheme," a programme to build better infrastructure
Security Market
■ Thailand is the largest security market in ASEAN
■ Market size: over USD200 million with 30% growth expected
■ Hot verticals:
 
City surveillance -City Safe Project: finish installing 20,000 CCTV by 2012
-Surveillance upgrade and new projects are planned for Southern Thailand.
Transportation -High speed rail: USD 23.7 billion allocated to construct 4 high speed rail routes
-Bangkok metro systems: construction and extension projects create great demand
Remote monitoring -3G network will open by the end of 2011
-72.5 million mobile subscribers by 2014
-Smart phone ownership will double next year
Financial Institutions -Demand video analysis to help business management
- Liberalisation policy stimulates more banks to open
Commercial buildings Building projects expected to increase 7% in 2011
Fire & Safety Market
■ Serious flood in Thailand drives demand for fire & safety and rescue products.
■ Building Control Act results in 15,000 – 20,000 buildings needing new fire prevention equipments. Requirements include installation of fire detectors, alarms, and suppression systems, fire exits and signs, emergency lights, venue capacities and fire evacuation rehearsals.
■ Stringent fire protection demanded: Fire compartments, fire safety training, fire protection systems testing, and maintenance and fire safety plans required for moderate to high-risk factories in 48 manufacturing sectors such as food, textile garments, furniture, chemical, plastic, pulp and paper, printing, petroleum refinery, rubber and power generation.
■ Fire alarm market size: estimated at USD 60 million