BANGKOK, 23 April 2013 The Transport Ministry has affirmed that Thailand’s logistics system will be ready before the realization of the ASEAN Economic Community (AEC), adding that the country is now 70 percent ready in terms of its transportation system.
Speaking at a seminar on the readiness of Thailand’s logistics system for the AEC, Transport Deputy Minister General Prin Suwanatat expressed his confidence that the country’s logistics will be ready for the advent of the AEC , especially in the transport sector, which is now 70 percent ready.
He also expressed his belief that Thailand’s transportation system is as good as Malaysia’s and Singapore’s, its neighboring countries. However, when taking trucking business into consideration, Thailand is ahead of its competitors, as it has nearly 20,000 trucking companies providing services even though many of them are sorely in need of quality and standard improvement.
The deputy minister went on to say that before the AEC is finally introduced, the Transport Ministry will strictly enforce delivery-related regulations forcing all entrepreneurs to keep up with the standards, saying the move will enable them to compete with their counterparts in the region.