Thailand's manufacturing sector is expected to keep growing next year following the easing of Covid-19 infections, but economic challenges caused by high inflation and the impact of the Russia-Ukraine war could cause a bumpy ride, according to analysts.
Higher demand for industrial products overseas is expected to drive growth in various industries, including automobiles and auto parts, electric vehicles, medical devices, smart electronics, food processing and bio-based manufacturing, said Warawan Chitaroon, deputy permanent secretary for industry and acting chief of the Office of Industrial Economics (OIE).
"Goods purchase orders from foreign countries have increased as the global economy recovers slowly after the pandemic eased," she told an OIE forum titled "Disruptive Change is A New Chance".
