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Ford Motor Company In Thailand

Ford Motor Company in Thailand

Thailand Background and Information

Economic Base

With the population approaching 70,000,000, Thailand is one of the largest South East Asian economies. It had an impressive economic growth rates around 10 percent before the bubble economy burst in 1997. As a low cost manufacturing exporter, Thailand is well known for its automobile manufacturing industry, earning the name "the Detroit of Asia". (Davies, 2002)

Traditionally the economy has been agriculture-based. Today, manufacturing has become the primary force behind the economy, but shortage of skilled labor remains a constraint. About 62 percent (Dunung, 1998) of the population is employed in agriculture-related industries. Many work on the large rubber and coconut plantations in the southern peninsular region.

Thai industries include food processing, cement, consumer products, sugar, beer, tires, electronic goods, computer peripherals and......


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Approximate Word Count: 2729
Approximate Pages: 11 (250 words per double-spaced page)

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