THAILAND AUTOMOTIVE INDUSTRY

THAILAND: GLOBAL GREEN AUTOMOTIVE PRODUCTION BASEThailands automotive industry has been continually developing for over 50 years with strong support from both the public and private sectors. Thailand has been the automotive hub of ASEAN, with the largest automotive production among Southeast Asian countries, ranking ninth globally in 2012.

The automotive industry is a vital sector in Thailand, with a significant contribution to the countrys economy, accounting for 10% of Thailands gross domestic product (GDP). In 2012, Thai automotive production capacity was 2.75 million vehicles and the industry employed over 500,000 people; the production capacity is expected to reach 3 million units by 2015. The government coordinated with the private sector to formulate the Master Plan for Automotive Industry (2012-2016) to develop Thailand as a global green automotive production base and to increase research and development for automotive technology.

Thailand has approximately 709 Tier 1 auto parts suppliers and 1,700 Tier 2 and 3 suppliers. More than half of the Tier 1 suppliers are car part companies. Of the top 100 auto parts manufacturers in the world, 50% have factories in Thailand; the countrys manufacturing base is strong enough to supply all of the necessary parts, from engine parts to interior and body parts.

Major multinational automotive industry leaders with presence in Thailand include: Toyota Motors, Isuzu Motors, Honda Automobile, Nissan Motors, Suzuki Motor, Mitsubishi Motors, Auto Alliance Thailand (Ford and Mazda), Hino Motor, General Motors, BMW Manufacturing, Volvo Car Thailand, Mercedes-Benz Thailand and Tata Motors.

Structure of Thai Automotive Industry

Source: Thai Autoparts Manufacturers Association and BOI as of Aug 2012

ASEAN countries are trying to promote green and environmental friendly technology. Thai government announced its vision to become Hub of Global Green Automotive Production. Thailand has high potential to become the Hub of Global Green Automotive Production towards global trend.

- Mrs. Piengjai Keawsuwan, President of ASEAN Automotive Federation and President of the Thai Automotive Industry Association -

Structure of Thai Automotive Industry

Assembler(14 car makers,

7 motocycle makers)100,000 workers

LSEsLarge ScaleEnterprises

ForeignJ/V

Local Suppliers

ForeignMajority

54%

ThaiMajority

23%

PureThai23%

SMEsSmall & Medium

Enterprises

Tier 1(709 companies)

Tier 2, 3(1,700 companies)

450,

000

wor

kers

BIG INDUSTRY DRIVERSThe year 2012 was a historic year for the Thai automotive industry, with the highest production ever: over two million cars. Many leading automotive firms plan to increase investment in capacity in 2013.

Toyota plans to invest US$400 million to build its second assembly plant at the Gateway Industrial Estate in Chachoengsao. Production at the new plant will be launched mid-2013, which will raise production at the Gateway complex from 220,000 to 300,000 units per year. Toyota has a long plan to invest US$667 million to raise capacity to 1.2 million units per-year within the next five years.

Honda plans to build a new plant in Prachinburi, with an investment of US$1,100 million. The new plant will be opened in 2015 and will add production capacity another 240,000 units per-year.

Nissan plans to invest US$500 million to erect the second assembly plant on Bangna-Trat Road. The new plant will begin production in 2014 with an initial capacity of 75,000 units per-year, and will expand up to 150,000 units.

Mazda has decided to invest almost US$375 million to open a transmission plant in Chonburi, near the Auto Alliance Thailand (AAT) plant in Rayong. Operations at the new plant will commence in March 2016, and will supply automatic transmissions for SkyActiv models.

Several Chinese auto-makers also plan to invest in Thailand. Chinas SAIC Motor Corp will enter into a US$289 million joint venture with Thailands Charoen Pokphand Group (CP) to establish a 50,000 unit assembly plant of British MG cars in Thailand. Moreover, Chinese sport utility vehicle (SUV) and pick-up truck maker Great Wall Motor (GWM) has announced plans to invest up to US$340 million in Thailand.

AUTOMOTIVE INDUSTRY OVERVIEW

The Thailand automotive industry has grown steeply and in 2012 production hit a new record of 2.45 million units, 68% higher than 2011. Thanks to the governments First Car Buyer scheme, which allowed people buying a first car to receive up to THB100,000 (US$3,333) tax refund, vehicle sales and production were boosted. Moreover, according to the Thailand Ministry of Commerce, Thailands automotive industry was the largest export sector, with an export value US$24 billion in 2012. In the same period, auto parts imports totaled nearly US$13 billion.

Thailand is in a superb location for automotive production, due to its strategic location at the center of Southeast Asia, a large pool of skilled labor at an affordable cost, excellent infrastructure, as well as strong government support.

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Global Automotive Production, 2012

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Global Automotive Production, 2012

Source: International Organization of Motor Vehicle

Thailands Motor Vehicle Production by Unit, 2007-2012

2007 2008 2009 2010 2011 2012Change

2011-2012

Passenger Car 315,444 401,474 313,442 554,387 537,987 957,623 78%

Commercial Car (exclude one-ton pickup)

23,522 17,780 15,202 24,158 20,608 43,842 62%

One ton pickup 948,380 974,775 670,734 1,066,759 899,200 1,452,252 113%

Total 1,287,346 1,394,029 999,378 1,645,304 1,457,795 2,453,717 68%

Y-O-Y Growth (%) 8% -28% 65% -11% 68%

Source: Thai Automotive Institute

With 2.45 million vehicles manufactured in Thailand in 2012, the country was ranked #9 among automotive manufacturing countries in the world. According to the Thai Automotive Institute, production is predicted to reach 2.5-2.6 million units in 2013, and will reach 3 million units by 2015.

Thailand is a global green automotive production base, which in year 2012, was ranked 9th highest in terms of automotive production in the world. Automotive manufacturers from around the world have increased their investments in Thailand because they realize that we have existing strong supply chains, acceptable skilled human resources, as well as significant investment support from BOI.

- Dr. Patima Jeerapaet, President of Thailand Automotive Institute -

Top 10 Thailands Vehicle Export Destinations in 2012

Country Value (million US$) %

Australia 3,840 16.3%

Indonesia 3,090 13.1%

Japan 1,708 7.2%

Malaysia 1,627 6.9%

Saudi Arabia 1,288 5.5%

Philippines 1,025 4.3%

Arab Emirates 688 2.9%

South Africa 637 2.7%

Oman 537 2.3%

Brazil 482 2.0%

Total 14,922 63%

Source: The Ministry of Commerce

Thailands Automotive Industry Growth, 2007-2012

Source: Thai Automotive Institute

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Thailands Automotive Industry Growth, 2007-2012

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Production Domestic Sale Export

The top ten destinations of Thai automotive exports accounted for 63% of all Thailands automotive exports worldwide. Australia and Indonesia are the major destinations of Thai-manufactured automotive products.

THAILANDS AUTO PARTS INDUSTRYWhile Thai land has emerged as a regional automotive production hub, the automotive parts and components sector has also played a significant role in the strong growth of the automotive industry. There are approximately 2,400 automotive suppliers in the country, about 709 of which are original equipment manufacturers (OEMs). Major foreign parts and components manufacturers in Thailand are such as Frances Valeo, Germanys Bosch, US-based TRW, Britains GKN and Japans Denso, Mitsuba and Mitsubishi Electric.

According to the Japan Automobile Manufacturers Association, Thailand-made automotive parts have the highest quality among the ASEAN countries. Local manufacturers supply about 85% of the parts used in pickup truck assembly, and about 70% of those for passenger cars assembled in Thailand. Moreover, the country produces nearly 100% of the parts used in the assembly of motorcycles.

In 2012, the majority of Thailands automotive parts exports were OEM parts (US$5.6 billion), comprising 77% of total automotive parts exports. This is followed by engines (US$900 million), at 13%; and spare parts (US$667 million), at 9%.

50 of the Top 100 Global OEM Parts Suppliers in Thailand, 2011

Robert Bosch Denso Continental Magna International

Aisin Seiki

Faurecia Johnson Controls ZF Friedrichshafen Delphi Automotive

Valeo

TRW Automotive Lear Yazaki BASF Sumitomo Electric

Toyota Boshoku CalsonicKansei Cummis Autoliv JTEKT

Visteon JATCO Dana Benteler Schaeffler

BorgWarner NTN Mahle DuPont Tenneco

Toyoda Gosei NSK Brose NHK Spring Mitsubishi Electric

Koito Manufacturing

Plastic Omnium Takata GKN Driveline Federal-Mogul

IAC Goodyear Michelin Tokai Rika Bridgestone/Firestone

TS Tech Grupo Antolin Honeywell TI Automotive Bayer

Source: Automotive News - June 11, 2012

Thailands Auto Parts Exports, 2012

Source: Thai Automotive Institute

1%9%

13%

77%

Thailands Auto Parts Export, 2012

OEM parts Engines Spare parts Others

AUTOMOTIVE ELECTRONICSThe utilization of electronics has become more prevalent across a variety of automobile systems. Electronics systems have improved automobile performance, safety, comfort, and efficiency. Moreover, the trend of alternative fuel, fuel efficiency and emissions standards are important factors driving demand of automotive electronics. The global demand for automotive electronics systems is expected to reach US$191.3 billion in 2013 and is forecast to reach US$314.4 billion in 2020.

Innovation and development in automotive electronics have expanded to support the high demand for smarter vehicles. Automotive electronic components can be utilized in many systems including power or engine controlling systems, safety systems, driver assistance, passenger comfort, information systems, and in-car entertainment.

As the major automotive production hub of ASEAN, Thailand is one of the largest automotive electronics markets in the world. Industry analysts have indicated that there is still significant opportunity to invest in automotive electronics in Thailand. There are leading automotive electronics manufacturers in Thailand, such as Toyota Tsusho, who produces embedded software for automotive applications, and other well-known local manufacturers, including Omron and Mizuki.

OPPORTUNITIESThailand is a vehicle production base in ASEAN, with the largest amount of vehicle assembly in the region. Although many leading vehicle manufacturers and auto parts and components producers have production facilities in the country, some auto parts are still imported from overseas. Opportunities exist for foreign suppliers to manufacture electronic fuel-injection systems, substrates for catalytic converters, continuously variable transmissions, electronic stability controls and regenerative braking systems, among numerous other products in Thailand. More R&D, design and testing centers are also needed, despite major players such as Yamaha, Bridgestone, Maxxis, and Michelin operating such facilities in Thailand already.

Hi-Tech Vehicle Parts and Components

Projects in high-tech vehicle parts and components manufacturing are considered priority activities by the Thailand Board of Investment (BOI), which means they are exempt from machinery import duties and from corporate income tax for 8 years, regardless of location within the country. Some examples of eligible activities include electronic fuel-injection systems, ABS brake systems, substrates for catalytic converters, automatic transmissions, continuously variable transmissions (CVT), traction motors for automobiles (e.g. hybrid car, fuel cell), electronic stability control (ESC), and regenerative braking systems.

NGV Car

The Thai Ministry of Energy supports fuel-efficient transportation through a natural gas vehicle (NGV) initiative. This initiative includes natural gas subsidization through PTT Public Company Ltd., reduced import duty on NGV tanks from 17% to 10% in 2012, and reduced import duty on NGV control system parts and components, from 35% to 10%.

Eco-Cars

Eco-cars continue to receive incentives to promote the growth of the eco-car market locally and abroad. For instance, the incentives will be applied exclusively to materials that cannot be produced locally. Incentives include duty reduction of up to 90% granted for two years, with annual review. The new measure is intended to help eco-car manufacturers by lowering their production costs and reducing their burden in sourcing parts that are not available or locally produced in Thailand. This measure also encourages more investment in eco-car parts production, which provides the country with economies of scale and greater competitive advantage in the global eco-car production business. The BOI approved eco-car projects from Nissan, Honda, Suzuki, Mitsubishi and Toyota. Specific models such as the Nissan March, Honda Brio, Suzuki Swift, and Mitsubishi Mirage are currently being manufactured in Thailand. Additionally, Thailands Ministry of Finance has reduced the excise taxes on eco-cars from 30% to 17%.

Passenger Cars

Although Thailand has a strong focus on pickup trucks, passenger cars receive similar favorable treatment in manufacturing promotion. The requirement for the promotion of passenger car manufacturing includes a minimum capacity for the approved models of 100,000 units per-year within 5 years and a minimum investment, exclusive of land cost and working capital, of no less than US$500 million (THB15 billion). Projects that meet these criteria are eligible for a five-year corporate income tax holiday and exemption from import duties on machinery regardless, of location within the country.

E-85 Fuel

Thailands Ministry of Finance has reduced the excise taxes on cars using E85 fuel to 22%, 27% and 32%, depending on engine size.

Big-Bike, 4-Stroke Engine Motorcycles (from 248 CC)

Regardless of plant locations, big-bike motorcycle manufacturing activities will be eligible for exemption from import duty on machinery. For projects that include engine manufacturing starting from machining key parts, such as cylinder heads, crankcases, crankshaft, camshaft, cylinder block and connecting rod, the corporate income tax holiday will be offered for 3-8 years, depending on the plant location.

Vehicle Tires

Firms manufacturing vehicle tires are exempt from machinery import duties and corporate income tax for 8 years, regardless of zone. According to the Excise Department, Ministry of Finance, the current automotive excise taxes scheme is detailed as follows:

Automotive Excise Taxes

Passenger Car

Thailand has been in the auto businesses for more than 50 years. Over time, a dense and capable supplier community has developed. The Laem Chabang deep-sea port allows for efficient export, and many well managed industrial estates have grown in automotive clusters that facilitate near- sourcing.

- Mr. Martin Apfel, President of Southeast Asia Operation, General Motors -

Automotive Excise Taxes 2016

Vehicle Engine Size Carbon dioxide (CO2) generate (g/km)

200

Passenger Car

3,000 cc 50%

Hybrid Vehicle

3,000 cc 50%

Eco Car1,300-1,400 cc 14%

17%E85 12%

Vehicle Model/Engine size 200

Pick-up Single Cab 3% 5%

Space Cab 5% 7%

Double Cab 12% 15%

Pick-up Passenger 3,250 cc 50%

Source: Excise Department, Ministry of Finance

In order to promote green technology, the Thailand government has restructured automotive excise taxes to better-align with vehicle emissions that will be effective on 1 January 2016, as follows:

WHY THAILANDAccording to the Automotive Industry Master Plan (2012-2016), Thailands automotive industry will become a global green automotive production base. This development will expand the automotive industry of Thailand from the production hub of ASEAN to the global market.

Nearly all of the worlds major automakers, assemblers, and parts and components manufacturers have established manufacturing facilities in Thailand. All of leading Japanese vehicle producers have opened production sites in the country, as have major American automotive firms such as Ford Motors and General Motors, as well as German companies Daimler - makers of Mercedes Benz - and Bayerische Motoren Werke, better-known as BMW.

Promising Investment Destination Thailand is an excellent location as a world-class automotive production base. Almost all of the worlds major automotive manufacturers have factories based in the country. Situated in a strategic location in the center of Southeast Asia, Thailand provides easy access to regional markets. Growth in domestic demand has bolstered the robust export market for the Thai automotive industry. These factors contribute to the evident opportunities for foreign investors to enter the market.

Additionally, there are tax and non-tax incentives that the Thai Government offers to the manufacturers of vehicles, vehicle parts, and for automotive R&D and testing. Non-tax incentives include land ownership rights for foreign investors, permission to bring in foreign experts and technicians, and work permit and visa facilitation for foreign expat employees. The Thai Government also does not impose export requirements, local content requirements, location requirements, or foreign equity restrictions on manufacturers.

Abundant skilled-labor supplyThailand provides a highly efficient and affordable workforce. In 2012, more than 500,000 workers were employed in the automotive sector in the country. Thai laborers have comparative advantages in high skill levels and quality over most other countries in the region.

Auto Parts ClustersThe automotive industry has been a priority sector for the economy of Thailand. Thailand has shown impressive growth in this sector. With government support, auto parts clusters were developed to tighten business connections between automotive firms and their suppliers in enhanced communication, lower logistics costs and improved flow of products.

Excellent Infrastructure Thailand is a transportation hub in the region; the country provides world-class infrastructure to support convenient logistics. With extensive road networks through the east-west and north-south corridors facilitating access to all nearby countries, Bangkoks Suvarnabhumi International Airport, Laem Chabang a leading deep-sea port and rail links to all regions across the country, Thailand offers manufacturers cheap, easy, and efficient logistics.

Thailands Trade Liberalization Thailand has bilateral free trade agreements with many countries, including Japan, India, Australia, New Zealand, and members of ASEAN, extending trade opportunities into the global marketplace. Furthermore, the ASEAN Free Trade Agreement (AFTA) will expand the market of Thailand to the 10 member countries of ASEAN that collectively comprise a market of 600 million consumers. Tariffs for auto parts exported to ASEAN nations were eliminated entirely in 2010.

The establishment of the ASEAN Economic Community (AEC) in 2015 will serve as a massive single market that is fully integrated into the global economy. The AEC will open new doors to manufacturers by transforming ASEAN into a region with free movement of goods, capital, services, investment and workforce.

Excellent Government SupportThe Thai government has a mission to promote the country as a global green automotive production base. The Master Plan for Automotive Industry (2012-2016) was developed with a view of establishing the Kingdom as one of the worlds key manufacturing centers by increasing vehicle output by an average of 10% annually; and also aims at making the country one of the top ten auto-manufacturing countries, a goal that has already been achieved with Thailands rank of ninth, globally, in 2012. To support automotive investment, BOI has a philosophy to promote liberalization and transparency, providing equal treatment to all market players. The country has created the most attractive business environment for the auto industry and has prepared essential resources for every type of automotive business, including developed basic infrastructure, quality labor force, as well as strong upstream industries and supporting industries.

ATTRACTIVE INVESTMENT INCENTIVESThe BOI offers a range of fiscal and non-tax incentives for investments based on location. Tax incentives include exemption or reduction of import duties on machinery and raw materials, and corporate income tax exemptions and reductions. Non-tax incentives include permission to bring in foreign workers, own land and take or remit foreign currency abroad. Additionally, projects in any manufacturing and some service sectors are entitled to majority or 100% foreign ownership.

As indicated in the section above on opportunities, the BOI has created several packages that target different aspects of automobile manufacturing. In addition, the BOI has classified 11 categories of vehicle parts (including tires), as well as LNG or CNG containers, engines, parts and equipment for NGVs, and machines or equipment for NGV service stations, as priority activities. As such, projects in these activities are granted exemption of import duties on machinery for all zones, eight-year corporate income tax exemption for all zones (subject to the corporate income tax exemption cap), and all relevant location-based incentives.

Of these 11 categories, six automotive activities (automatic transmissions, CVTs, traction motors for automobiles such as hybrid cars and fuel cell cars, electronic stability controls or ESCs, regenerative braking systems, and rubber tires for vehicles) are eligible for the BOIs special incentives promoting sustainable development, if the investor submits an application by the end of December 2013 .

The incentives for these activities include an eight-year corporate income tax holiday without being subject to a corporate income tax exemption cap; a five-year 50% reduction of corporate income tax on net profit following the expiration of the corporate income tax holiday; exemption of import duty on machinery; a 10-year double deduction of transportation, electricity and water supply costs; deduction from net profit of 25% of investment in infrastructure installation and construction costs, in addition to normal capital depreciation. Projects can be located anywhere except Bangkok.

FOR FURTHER INFORMATION: Thailand Board of Investment (BOI): www.boi.go.thThailand Automotive Institute (TAI): www.thaiauto.or.thThai Automotive Industry Association (TAIA): www.taia.or.thThai Autoparts Manufacturers Association (TAPMA): www.thaiautoparts.or.thASEAN Supporting Industry Database (ASID): www.asidnet.org

CONTACT USCONTACT USHead OfficesOFFICE OF THE BOARD OF INVESTMENT555 Vibhavadi-Rangsit Rd., Chatuchak, Bangkok 10900Tel: +66 (0) 2553-8111Fax: +66 (0) 2553-8222Website: www.boi.go.thEmail: head@boi.go.th

ONE START ONE STOP INVESTMENT CENTER (OSOS)18th Floor, Chamchuri Square Building, 319 Phayathai Rd., Pathumwan, Bangkok 10330Tel: +66 (0) 2209-1100Fax: +66 (0) 2209-1199Website: osos.boi.go.th Email: osos@boi.go.th

ONE STOP SERVICE CENTER FOR VISAS AND WORK PERMITS18th Floor, Chamchuri Square Building, 319 Phayathai Rd., Pathumwan, Bangkok 10330Tel: +66 (0) 2209-1100Fax: +66 (0) 2209-1194Email: visawork@boi.go.th INVESTOR CLUB ASSOCIATION (ICA)12th and 16th Floor, TP&T Building, 1 Soi Vibhavadi-Rangsit 19, Vibhavadi-Rangsit Rd., Lad Yao, Chatuchak, Bangkok 10900Tel: +66 (0) 2936-1429Fax: +66 (0) 2936-1441-2Website: www.ic.or.th Email: is-investor@ic.or.th

Regional OfficesCHIANG MAIRegional Investment and Economic Center 1Airport Business Park 108-110,90 Mahidol Road, Amphur Muang, Chiang Mai 50100Tel: +66 (0) 5320 3397-400Fax: +66 (0) 5320 3404Email: chmai@boi.go.th

NAKHON RATCHASIMARegional Investment and Economic Center 22112/22 Mitraphab Road, Amphur Muang, Nakhon Ratchasima 30000Tel: +66 (0) 4421 3184-6Fax: +66 (0) 4421 3182Email: korat@boi.go.th

KHONKAENRegional Investment and Economic Center 3177/54 Moo 17, Mitraphab Road, Amphur Muang, Khonkaen 40000Tel: +66 (0) 4327 1300-2Fax: +66 (0) 4327 1303Email: khonkaen@boi.go.th

CHONBURI Regional Investment and Economic Center 446 Moo 5 Laem Chabang Industrial Estate, Sukhumvit Road, Toongsukhla, Sriracha, Chonburi 20230Tel: +66 (0) 3840 4900Fax: +66 (0) 3840 4997, +66 (0) 3840 4999Email: chonburi@boi.go.th

SONGKHLARegional Investment and Economic Center 57-15 Chaiyong Building Juti Uthit 1 Road, Hadd Yai, Songkhla 90110Tel: +66 (0) 7434 7161-5Fax: +66 (0) 7434 7160Email: songkhla@boi.go.th

SURAT THANIRegional Investment and Economic Center 649/21-22 Sriwichai Road, Makhamtia, Amphur Muang, Surat Thani 84000Tel: +66 (0) 7728 4637, +66 (0) 7728 4435Fax: +66 (0) 7728 4638Email: surat@boi.go.th

PHITSANULOKRegional Investment and Economic Center 73rd Floor, Thai Sivarat Building, 59/15 Boromtrilokkanat 2 Rd., Naimuang, Amphur Muang, Phitsanulok 65000Tel: +66 (0) 5524-8111Fax: +66 (0) 5524-8777Email: phitsanulok@boi.go.th

Overseas OfficesBEIJINGThailand Board of Investment, Beijing OfficeRoyal Thai Embassy, No.40 Guang Hua Rd., Beijing 100600 P.R.C. Tel: +86-10-6532-4510Fax: +86-10-6532-1620Email: beijing@boi.go.th

FRANKFURTThailand Board of Investment, Frankfurt OfficeInvestment Section, Royal Thai Consulate-GeneralBethmannstr. 58,5.0G60311 Frankfurt am Main,Federal Republic of GermanyTel: +49 (069) 92 91 230Fax: +49 (069) 92 91 2320

GUANGZHOUThailand Board of Investment, Guangzhou Office Investment Promotion Section, Royal Thai Consulate-General, Room 1216-1218, Garden Tower, 368 Huanshi Dong Rd., Guangzhou 510064 P.R.C Tel: +86-20-8333-8999 ext. 1216-8, +86-20-8387-7770Fax: +86-20-8387-2700 Email: guangzhou@boi.go.th

LOS ANGELESThailand Board of Investment, Los Angeles OfficeRoyal Thai Consulate-General, 611 North Larchmont Boulevard, 3rd Floor, Los Angeles CA 90004, U.S.A.Tel: +1 (0)-323-960-1199Fax: +1 (0)-323-960-1190Email: boila@boi.go.th

MUMBAIThailand Board of Investment, Mumbai OfficeRoyal Thai Consulate-General 1st Floor, Dalalmal House, Jamnalal Bajaj Marg, Nariman Point, Mumbai - 400 021Republic of IndiaTel: +(91 22) 2204 1589-90Fax: +(91 22) 2282 1071 Email: mumbai@boi.go.th

NEW YORKThailand Board of Investment, New York Office 7 World Trade Center, 34th Floor. Suite F,250 Greenwich Street, New York, New York 10007, U.S.A. Tel: +1 (0) 212 422 9009 Fax: +1 (0) 212 422 9119 Email: nyc@boi.go.thWebsite: www.thinkasiainvestthailand.com

OSAKAThailand Board of Investment, Osaka OfficeRoyal Thai Consulate-General, Bangkok Bank Building, 7th Floor, 1-9-16 Kyutaro-Machi, Chuo-Ku, Osaka 541-0056 JapanTel: +81 (0) 6-6271-1395Fax: +81 (0) 6-6271-1394Email: osaka@boi.go.th

PARISThailand Board of Investment, Paris Office Ambassade Royale de Thalande 8, rue Greuze, 75116 Paris, France Tel: +(33-1) 56 90 26 00Fax: +(33-1) 56 90 26 02 Email: par@boi.go.th

SEOULThailand Board of Investment, Seoul Office#1804, 18th Floor, Coryo Daeyungak Tower, 25-5, Chungmuro 1-ga, Jung-gu, Seoul, 100-706, KoreaTel: +82-2-319-9998Fax: +82-2-319-9997Email: seoul@boi.go.th

SHANGHAIThailand Board of Investment, Shanghai OfficeRoyal Thai Consulate-General, 15th Floor, Crystal Century Tower, 567 Weihai Rd., Shanghai 200041, P.R.CTel: +86-21-6288-9728-9Fax: +86-21-6288-9730Email: shanghai@boi.go.th

STOCKHOLMThailand Board of Investment, Stockholm Office Stureplan 4C 4th Floor, 114 35 Stockholm, Sweden Tel: +46 (0) 8463 1158, +46 (0) 8463 1174-75 Fax: +46 (0) 8463 1160Email: stockholm@boi.go.th

SYDNEYThailand Board of Investment, Sydney OfficeSuite 101, Level 1, 234 George Street, Sydney, New South Wales 2000, AustraliaTel: +61-2-9252-4884Fax: +61-2-9252-2883Email: sydney@boi.go.th

TAIPEIThailand Board of Investment, Taipei OfficeTaipei World Trade Center, 3rd Floor, Room 3E 39-40 No.5 Xin-Yi Rd., Sec. 5 Taipei 110, Taiwan R.O.C.Tel: +886-2-2345-6663Fax: +886-2-2345-9223Email: taipei@boi.go.th

TOKYOThailand Board of Investment, Tokyo OfficeRoyal Thai Embassy, 8th Floor, Fukuda Building West, 2-11-3, Akasaka, Minato-ku, Tokyo 107-0052 JapanTel: +81 (0) 3-3582-1806Fax: +81 (0) 3-3589-5176Email: tyo@boi.go.th