Thailand has an ambitious plan to be the “kitchen of the world” and thereby secure its future as one of the most important food exporters globally. The country has a market leading position in areas such as rice and sugar cane.
Recently, Thailand has indicated interest in capturing the opportunities for growing the luxury retail sector via the volume of tourist shoppers and growing local middle class. In a global survey by MasterCard, it was found that Bangkok visitor spending contributed to annual USD 14.4 billion dollars, ranking 4th globally in visitor spending.
