Thailand’s status as one of Asia’s premier destinations for both business and recreation is no secret. Thailand, translated as “The Land of the Free,” has been a close friend and trading partner with the United States of America and Washington, DC for more than 175 years, the past 61 years of which have been under His Majesty King Bhumibol Adulyadej’s reign.
Beyond the continuing cooperation in regional political and security issues, The United States continues to maintain close business ties with the Kingdom as Thailand’s second largest foreign investor only after Japan, with a cumulative investment of $16 billion.
We remain one of the most free, open and attractive places in the world for the modern business person to operate, ranking 15th out of 178 economies for overall business friendliness in the World Bank’s Doing Business 2008 report. This ranking represents a rise from 18th place, which Thailand occupied in 2007.
Thailand has enjoyed unprecedented economic growth in the past decade. We have taken great steps forward in developing our world-class manufacturing and services sectors, while still maintaining firm connections to our agrarian roots. While the Royal Thai Government has fostered countless projects and policies to promote business and investment, we cannot forget Thailand’s most famous nickname – “The Land of Smiles.” Whether you prefer a modern urban nightlife, rustic jungle retreats, or sun-drenched beaches – Thailand’s endless variety caters the best to all voyagers.