7 Factors to Consider Before Opening a Factory in Thailand
Opening a Factory for Sale or Rent in Thailand
Where to start if you want to open a factory in Thailand? Here are 7 things you must consider, according to experts from CBRE Industrial & Logistics team.
There are essential steps manufacturers need to take whether you are building a factory for sale from the ground or purchasing an existing one to start the operations. You must keep in mind that your expenditure will be dependent on the choice of location, specification, available infrastructures and many more. As a prospective factory owner, you should have a clear idea where to start. The following infographics from CBRE shows important factors you should take into account.
As of 2020 Thailand has 61 industrial estate locations, with over 5,000 manufacturers, employing more than 499,000 people, in addition to a number of industrial parks and zones. Before making any big decision to buy land or existing factory you must consider these 7 factors:
- Industrial Estate or Green Field
- Labour Force
- Government Incentives
CBRE Industrial & Logistics team can help you navigate these steps with our independent advice, in-depth knowledge, best result delivery which focuses on building long-term partnership. We have extensive experience in a wide range of industrial property acquisitions, built-to-suit, leasing and professional tenant and landlord representation services.
- Warehouse & Factory Leasing
- Industrial Property Land Disposal & Acquisition
- Consultancy on Sale & Leaseback Transactions
- Rent Review & Lease Restructuring
- Built-to-suit Consultancy & Process