Business development is significantly easier in Thailand compared to the neighbouring countries as it serves as a dynamic gateway to a fast growing economic market in Asia with exceptional governmental support and ease of doing business among emerging economies in East Asia.
Global Bugs is promoted by the Board Of Investment (BOI), which operates under the Prime Minister’s Office and is the principal government agency for encouraging foreign direct investment in Thailand. Furthermore, Global Bugs Asia Co., Ltd. is allowed to be a fully owned subsidiary to Global Bugs Holding AB in Sweden, making a secure and clean company structure.
There are several reasons why Thailand is a leading country in this industry and why many companies decided to choose Thailand as their production hub. Thailand has an abundant supply of edible insects, which has attracted a lot of new and emerging western companies.
For more information, please read the BOI newsletter using this link http://www.boi.go.th/upload/content/TIR_Feb17_vF_93086.pdf