Made for walking
As AEC nears, Thai shoe factories prepare to beat a path to lower-cost countries
- Published: 14/02/2012 at 04:05 AM
- Newspaper section: Business
The advent of the Asean Economic Community (AEC) in 2015 will prompt several labour-intensive industries to relocate to neighbouring countries such as Myanmar, Vietnam and China to take advantage of cheaper costs.
Chanin: Labour shortage a problem
Among them is the shoe industry, which will see more than 100 businesses relocate in the next decade, said Chanin Jitkomut, president of the 200-member Thai Footwear Association (TFA).
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About the author
- Writer: Nanchanok Wongsamuth
- Position: News Reporter
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