Transcript of the above video:

As the title of this video suggests, we are discussing "Green-Field" investing in Thailand. What is this? Well I saw this mentioned in an article I was just reading along about and I didn't really understand the term so I went and looked it up. I found this on Investopedia, that's investopedia.com, and the entry is titled: What is a Green-Field Investment? "A green-field (also "greenfield") investment is a type of foreign direct investment (FDI) in which a parent company creates a subsidiary in a different country, building its operations from the ground up. In addition to the construction of new production facilities, these projects can also include the building of new distribution hubs, offices, and living quarters." 

So what we are talking about here is very much a ground up approach to investment in Thailand and I think this is one of those situations where folks from outside of Thailand who don't really have a deep understanding of how the society works here and the business community, the legal community, or sort of the legal regime here, and how all that sort of fits together, I think "Green-Field" investing in Thailand is probably the best way as a default paradigm coming into this jurisdiction to invest. I think it's the best way to think when coming in for the first time. The reason I think that is because it fits well in line with sort of, in my opinion the way the prevailing mood is regarding foreign investment in Thailand. What I think relevant interests here in Thailand including the Government, are interested in seeing in Thailand, is not only the creation of revenue from taxes which is always going to be a concern to Government, but also things like infrastructural investments, job opportunities for Thais basically; creating new jobs especially high tech, high value added jobs. Those kind of jobs being added into the Thai Economy are definitely I think something that policymakers here in Thailand are very keen on seeing growing up here in Thailand.

I think that anybody involved in doing business here in Thailand or anybody involved in the regulations pertaining to foreign business coming into Thailand, is going to be really keen to see much more of a “Green-Field” style investment rather than just as minimal investment as possible sort of in a sense trying to suck wealth or suck resources or suck values out of the jurisdiction rather than coming in and trying to build something up within the jurisdiction.