AEC Advantage to Thailand

1. The positive impact of AEC to Thailand is that it helps to facilitate investment and trading activities in other ASEAN members as it is now more freely and easier. We can invest in any ASEAN countries and there will be less barriers in terms of trading activities. Moreover, Thailand will become the center of transportation and tourism, as Thailand is located in the center of ASEAN. This will help tourism industry grow bigger. Thailand can also be the center of national conferences, meetings, exhibitions, and telecommunication. Furthermore, AEC helps Thai manufacturers reduce the cost of production as they can outsource cheaper raw materials from ASEAN members.  AEC also helps increase the opportunities of investment as money is easily flowing among ASEAN members 

2. AEC comes with the railways development projects which will connect the Greater Mekong Sub-region, ie. East-West Economic Corridor-connecting Vietnam, Laos, Thailand, Myanmar; North-South Economic Corridor-connecting Thailand, Myanmar/Laos, and China and; Southern Economic Corridor-connecting Thailand, Cambodia, and Vietnam. The Southern Economic Corridor has a connecting route further to Dawei Deep Sea Port in Myanmar that can distribute products to the Middle East and Europe. This will bring down the logistic cost of Thailand that depends much on expensive road transportation.

3. In about 2 years, we are going to be a part of AEC which we need to prepare for this situation. It is not just only industry sector that need to prepare for the bigger market and the larger amount of competitors, but the small sector like logistic is also need to be improved to get along with the intense competition for helping...