Wilawan Phungtua. The Impacts of Japanese MNCs and Foreign Direct Investment on Thailand Automotive Industry. (). Eastern Asia University. Central Library. : , 2560.
The Impacts of Japanese MNCs and Foreign Direct Investment on Thailand Automotive Industry
The Impacts of Japanese MNCs and Foreign Direct Investment on Thailand Automotive Industry
Abstract:
Since the 1960s, Thailands automotive industry has progressed from simple production of small components and parts manufacturing industry to a vibrant automotive assembling industry, and presently major as production and export hub of Japanese auto MNCs and regional R&D center for major automotive manufacturers. During the
1970s through 1990s, the sector has significantly contributed to the growth of Thailands economy as the country shifted its economic base and labor force skills by evolving from labor-intensive agrarian economy to the early stage of technology-based manufacturing and export-led economy. This study discussed impacts and key contributing factors of Japanese auto MNCs, Thailands industrial transformation process in parallel with robust foreign direct investment (FDI), Thai governments proactive industrial and trade policies, host-country comparative advantage in skilled workforces, automotive manufacturers investment strategy to relocate their manufacturing bases, and technology transfer from automotive manufacturers which played major roles in describing factors and impacts of Japanese auto MNCs in development process of Thai automotive industry.