Asia This Week

Thailand pursues role as ASEAN hub (2013x9)

: 15, 2013

Thailand is trying to become a principal hub of the Association of Southeast Asian Nations by improving its accessibility to neighboring countries and strengthening its ties to them. Geography works in its favor. It is located at the crossing of two major logistic routes, one stretching east to west and the other north to south. Delays in completing flood prevention measures have been a major obstacle to growth. But, international development projects are moving forward rapidly. Moreover, transport systems connecting Thailand with the region are improving, as construction of a cross–border highway proceeds. Foreign investment has been strong, even as the nation faces complications caused by both labor shortages and rising salaries. Despite the challenges, Thailand continues to show its potential as a center of growth for ASEAN.