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MPI poised to expand by 4-5% on global recovery

Published by
The Bangkok Post

Industry Minister Suriya Jungrungreangkit expects bright prospects in the industrial sector this year, believing Thailand’s manufacturing production index (MPI) will expand by 4-5%, driven by global economic recovery. Exports and stimulus measures will continue to benefit manufacturers, said Mr Suriya, adding that GDP in the industrial sector is expected to grow by 2.5-3.5%. Food processing, cars and auto parts, electronics, logistics and medical equipment are among businesses to benefit from the global economic recovery. Domestically, the reopening of the country will be a positive factor for…

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