Why do businessmen such as Subhodeep Prasanta Das choose Thailand to invest in the business?

Investment opportunities are expanding day by day globally. Recently, the Thai government has brought some schemes to attract investors with incentives. The schemes are brought in to improve the country’s economy. Thailand has an emerging market economy and international investors along with considerable growth rates due to the increasing population and global exports.

Mr. Shubhodeep Prasanta Das, an Indian founder and group CEO of the International Business Centre Hylife Group, received CEO Thailand Award. The Hylife group was established during a pandemic and has helped Thailand to get over the crisis. The company focused on the production of medical mask production, land purchase, mortgages, and condo sales. Take a look at this article to know the reason behind the investment in Thailand.

Why Thailand is great for business investment?

• Strategic location: Thailand is located at the center of Southeast Asia, making it an ideal hub for business activities in the region. Its strategic location provides business access to the markets of China, India, Japan, and other neighboring countries.
• Stable political environment: The country has had a stable democracy and constitutional monarchy for 70 years. It has contributed to the country’s economic growth and attractiveness.
• Skilled and talented workforce: Thailand has a large and well-educated workforce, with a good command of English. This makes it easier for businesses to find the talent they need to succeed in the global marketplace.
• Strong infrastructure: Thailand has developed a strong infrastructure, including modern transportation systems, advanced communication networks, and high-quality healthcare facilities.
• Favorable business climate: Thailand offers a favorable business climate, with attractive investment incentives, low tax rates, and a streamlined regulatory environment. The government has also made efforts to reduce bureaucracy and improve the ease of doing business in the country.

These are a few reasons why businessmen like Shubodeep Prasanta Das succeed while doing business in Thailand.