Turkish Companies Operating in Thailand: Turkish Companies Doing Business in Thailand and Investment Opportunities

Turkish Companies Operating in Thailand

Thailand, as one of the fastest growing markets in Asia, offers great opportunities for Turkish business people and entrepreneurs. Major cities such as Bangkok and Phuket have become attractive business centers for Turkish companies with their developing real estate sector, tourism and trade potential.

Thailand's growing economy creates new investment opportunities for Turkish companies. Moreover, the conditions for doing business in Thailand are quite favorable for Turkish business people and companies.

In this article, we provide information about important business projects carried out by Turkish companies operating in Thailand and try to discover business opportunities in Thailand.

1. Turkish Investments in the Tourism and Hotel Sector:

Thailand is an important destination worldwide in terms of the tourism sector. For this reason, Turkish companies prefer to make hotel investments in popular tourist areas of Thailand. Luxury hotel chains and resorts in Thailand offer attractive opportunities for Turkish investors.

Rixos Hotels – Luxury Hotel Investments in Thailand

Rixos Hotels is one of the leading brands in the Turkish hotel industry and has a significant investment in Thailand. Operating a luxury resort named Rixos Premium on the island of Phuket in Thailand, Rixos has achieved great success with its high-quality service approach by taking advantage of the tourism potential in the region.

Thailand’s high tourist flow and luxury tourism infrastructure enable Turkish brands such as Rixos Hotels to grow in the region. The investments of Turkish tourism giants in Thailand show that Thailand has become a destination that attracts not only those who want to have a holiday but also high-income tourists.

2. Turkish Companies in the Construction and Real Estate Sector:

Thailand offers a rapidly developing real estate market and Turkish construction companies have begun to gain an important place in this market. Large projects such as luxury housing projects, commercial buildings and tourist facilities in regions such as Phuket, Bangkok and Koh Samui are attracting the attention of Turkish companies.

Şahinler Holding – Construction Investments in Thailand

Şahinler Holding is one of the Turkish companies known for its large real estate projects and construction investments in Thailand. Şahinler Holding, a major player in Thailand’s rapidly developing real estate market, is building commercial and residential projects in and around Bangkok. Taking advantage of the job opportunities in Thailand and serving both the local market and foreign investors, the company is undertaking high-income projects in the growing construction sector in Thailand.

YDA Group – Real Estate and Infrastructure Investments in Thailand

YDA Group represents another major Turkish company operating in the construction sector and infrastructure projects in Thailand. Thailand’s growing tourism sector and increasing population have led to an increase in residential and commercial real estate projects. YDA Group is building luxury residences and business centers by evaluating Thailand’s potential in real estate investments.

Such projects, together with the rising value of the real estate market in Thailand, provide high returns for investors and offer growth opportunities to Turkish companies.

3. Turkish Companies in the Food and Retail Sector:

Thailand also offers great opportunities for Turkish brands in the food and retail sector. Turkish restaurants, cafes and market chains are rapidly becoming popular thanks to the rapidly growing middle class and tourist traffic in Thailand.

Köfteci Ramiz – Investing in the Food Sector in Thailand

Köfteci Ramiz is one of the famous brands that brought Turkish cuisine to Thailand. By opening branches in touristic cities such as Bangkok and Phuket in Thailand, this brand introduces the flavors of Turkish cuisine to the Thai people and tourists, contributing to the growth of the Turkish restaurant sector in Thailand. The rapid growth of the food sector in Thailand and the increasing interest in Turkish cuisine allow brands such as Köfteci Ramiz to open more branches.

Simit Sarayı – Another Turkish Brand Investing in Thailand

Another Turkish brand, Simit Sarayı, is making major investments in the food sector in Thailand. With its branches opened in major cities in Thailand, it attracts great attention among the Thai people and tourists, especially with its Turkish bagels and desserts. Simit Sarayı, which brings together the delicious and unique flavors of Turkish cuisine with the rich tourist base in Thailand, continues to grow in the Thai market.

4. Turkish Companies in the Technology and Innovation Sector:

Thailand is also attracting the attention of Turkish companies as a rapidly developing market in the technology sector. Turkish software companies and technology startups continue to grow by establishing business partnerships in Thailand.

Netcad – A Turkish Company Operating in the Software and Technology Sector in Thailand

Netcad is a Turkish technology company that provides software solutions for the construction, urban planning and geographic information systems (GIS) sectors in Thailand. Netcad has become a major player in the Thai market by offering advanced software solutions for major construction projects and municipal services in Thailand.

Factors Behind the Success of Turkish Companies in Thailand

Thailand offers many opportunities for Turkish companies in terms of trade and investment. There are several important factors behind the success of investments made in Thailand:

1.    Growing Economy and Increasing Demand: Thailand offers great opportunities to Turkish companies with its developing economy and increasing domestic demand. The growth in the tourism and real estate sectors in particular is becoming attractive to investors.

2.    Strategic Location: As a hub in the Asia Pacific region, Thailand is in a strategic location that facilitates trade with neighboring countries.

3.    Touristic and Commercial Attractiveness: Thailand’s touristic appeal and international investor interest make it easier for Turkish companies to do business here. The presence of Turkish brands in the Thai market is a major attraction for foreign investors and tourists from abroad.

Thailand is a Growing Market for Turkish Companies

Thailand offers great potential for Turkish companies not only in terms of vacation but also investment and business opportunities. Turkish companies operating in the tourism, real estate, food, technology and retail sectors are making significant profits thanks to the rapidly growing economic market in Thailand. Thailand continues to attract the attention of Turkish business people with its high-income tourists and developing business areas.

If you are considering doing business in Thailand, you can take your place in this rapidly growing market by being inspired by the successful examples of Turkish companies in the region.

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