Thailand: gateway to Myanmar and the Mekong Sub-region

Kobsak Pootrakool13 November 2012

Outline of Presentation2

The True Meaning of AEC 2015

Its Implications

Impact on Financial Sector in Thailand

The Renewed Rise of AEC3

600Million People (No.3 in the World ) GDP $2.2 Trillion (No. 11 of the World ) GDP Growth 5 %

Integration of Roads and Motorways

4

Integration of Railway5

ASEAN Power Grid and Gas Pipeline6

0

5

10

15

20

25

30

35

40

45

1980 1983 1986 1989 1992 1995 1998 2001 2004 2007 2010 2013 2016

I. New Investment Cycles in ASEAN

7

Percent of GDP

NIEs

ASEAN - 5

Developing Asia

II. New Opportunities for Cross Border Trade in ASEAN

8

ASEAN

US

CLMV

China

… supported by demand from new middle class in ASEAN

9

Real GDP(PPP) per capita คิ�ดเป็�นร้อยละเที�ยบกั�บสหร้�ฐฯ

0

5

10

15

20

25

30

1970 1974 1978 1982 1986 1990 1994 1998 2002 2006

ร้อยละข องสหร้�ฐฯ

CHN

IDN

MYS

PHL

THA

VNM

KHM

LAO

IND

China (1992)

% of US income

10Comparative Labor Costs within ASEAN

We need to upgrade our custom at the border areas

11

… establish new economic zones along our border areas

12

13… as well as provide support to Thai companies that go abroad

Area of Opportunities in Myanmar14

Textile Clothes

Furniture

Rubber

Palm Oil

Process of Raw Materials

Electricity Generation

ICT Communication etc.

15

3. New Land bridges for ASEAN

BBL International Branch Network in Asia

16

JapanChina

Taiwan

Hong Kong

Philippines

MyanmarLaos

Thailand

Vietnam

Singapore

Malaysia

Indonesia