THAILAND PAINT INDUSTRY PUSHES AHEAD, DESPITE EXTERNAL, FINANCIAL AND POLITICAL SETBACKS
February 1st, 2008
BY MARK ROWE
LIKE the majority of industries in Thailand, the paint and coatings sector has endured a roller coaster ride in recent years. Having put the disruption caused by the 1997 financial crisis firmly behind it, the military coup of 2006 further unsettled affairs.
While low labour costs and its central geographic location within south-east Asia are hugely beneficial, Thai Government investment is the main driving force behind many sectors of Thailand's paint market, including an ongoing 'Trillion Baht Major Infrastructure Project development initiative, ...
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