Thailand is among the top five recipients of foreign direct investment in the region, according to the United Nations Conference on Trade and Development.

The International Institute for Trade and Development (ITD) said the country should upgrade its soft infrastructure in preparation for a potential increase in FDI through the Asean Economic Community (AEC).

The 10 Asean member states and their six free-trade-agreement partners have launched negotiations for the Regional Comprehensive Economic Partnership. Last year FDI inflows to the 16 negotiating members amounted to $343 billion, which accounted for 24 per cent of global FDI flows.

FDI outflows from developing countries also reached a record level last year, when transnational corporations from developing countries were increasingly acquiring foreign affiliates from developed countries located in their region.

Read more: http://www.nationmultimedia.com/business/Thailand-among-top-5-FDI-recipients-30237207.html

Picture: http://bangkokscoop.com/2012/03/foreign-direct-investment-in-thailand-continues-to-increase/