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Business – “4 Key Advantages of Thailand for Attracting ASML: The Need for a Comprehensive Grand Strategy”

Article Summary:

This strategy aims to position Thailand as an attractive destination for foreign investors by showcasing its ability to produce goods for export while simultaneously fostering a robust domestic market. Dr. Archanun emphasizes that Thailand offers the quickest return on investment, going beyond mere tax incentives of 10 to 20 years.

He highlights the importance of a coherent Grand Strategy that aligns various policy directions, which can bolster investor confidence. Stability in policies is crucial to ensure long-term investment confidence; drastic changes could drive production bases to relocate to other countries permanently.

In particular, the potential investment by ASML in Thailand could significantly enhance the local supply chain, emphasizing the interconnectedness of production and technology transfer. This shift not only bolsters local capabilities but also makes Thailand a key player in the global market.

Original Article:

Thailand’s 4 Strengths to Attract ASML: Grand Strategy Needed

This strategy will help foreign investors see that Thailand can both produce for export and create a strong domestic market, making investments more profitable quickly and attracting more foreign giants.

“The most attractive point is making investors see that investing in Thailand offers the quickest return on investment,” said Dr Archanun. “This quick return is not just about offering tax breaks for 10 to 20 years. If Thailand has a Grand Strategy and everything aligns, it will help create a strong policy direction.”

He also noted that it is crucial not to change policies drastically, as this could discourage long-term investment. “If production bases move elsewhere, they will not return to Thailand,” he added.

ASML’s Investment and Technology Transfer

Dr Archanun pointed out that if ASML invests in Thailand to build a supply chain, it will likely involve producing…

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