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Updated by Joanna James on Jul 13, 2018
Headline for Top 10 Business Investment Opportunities in Thailand - Lucrative Industries with Immense Potential
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Joanna James Joanna James
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Top 10 Business Investment Opportunities in Thailand - Lucrative Industries with Immense Potential

Starting your own business is a wonderful way of finding fulfilment in life. In Thailand you can easily explore a myriad of lucrative options to make a very good living. If you are yearning to test your entrepreneurial skills in Thailand, the following business investment opportunities could be considered.

1

Garment and textile

The garment and textile industry is booming in Thailand and many local and foreign investors are making large profits by investing in factories. There is a great demand for clothes in Thailand and the country also caters to the needs of the foreign market. Most factories in the country rarely suffer with excess capacity or lack of orders. You can partner with a factory that is already established to capitalize on their industry know how if you wish to minimize risk at the start.

2

Real estate

Buying and selling real estate is one of the most popular methods of making money all over the world. With the property values sky rocketing with increased urbanization, real estate presents itself as a very attractive investment opportunity. Companies such as Infinite Luxury are great examples to follow in the real estate business. You can start concentrating your efforts on a smaller geographical market such as the highly popular area of Phuket. Property investment can be done on a small scale at the initial phase and you can start expanding as your profits increase.

3

Freelance writing

Freelance writing is a great business opportunity for the ones who have a passion for writing and enjoy the comfort and convenience of working from home. There are many writing projects available for young and budding writers in Thailand. It's a great way to earn some extra cash during your spare time too. Blog posts, articles, business proposals are some of the assignments that you will be able to work on as a freelance writer.

4

Healthcare services

Thais are becoming more and more aware of the benefits of a healthy lifestyle hence the demand for professional healthcare services is steadily increasing. Nurses, pharmacists and physicians receive higher wages than many other professionals in the country. This industry will keep growing so you should definitely consider entering it if you have the necessary skills and training.

5

Website development

Needless to say you must focus your attention on an opportunity in the market that has a lot of potential for growth. Many businesses in Thailand are embracing technology today and as a result web developers have a huge demand in the country. Those who are savvy with web development will be able to tap into this market quite easily.

6

Restaurant

Thai people are generally quite hard working so there is a high demand for fast food in the country. A variety of international cuisines are also quite popular here given the steady number of tourists that visit Thailand. Starting a restaurant is therefore a very smart move here. You can always gain a competitive edge by offering unique flavours and cuisines that are native to the land that you come from.

7

Jewellery

If you have the financial muscle to start up your own jewellery manufacturing business in Thailand you will be able to earn high profits as the demand for exquisite precious jewellery is always strong here. You can even start small by importing cheaper items from across the world and selling in the country.

8

Automobile and machinery

There is a massive demand for automobiles and industrial machinery in Thailand that exceeds the capacity of the current suppliers. Those who possess the expertise in the industry will be on their way to make quite a lot of profits here.

9

Agriculture

This is an industry that will never decline. So starting a farming business in Thailand will never be a bad idea. This profitable business is relatively easier to operate as well making it a popular choice among many in the country.

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