BANGKOK, THAILAND -
Media OutReach Newswire
- 19 May 2026 - SUBCON Thailand — ASEAN's largest industrial sourcing
expo — closed its 20th edition with an estimated USD 705.5 million in
parts trade (approximately 23 billion baht), as manufacturers worldwide
pushed deeper into Southeast Asia to broaden industrial partnerships.
The event ran May 13–16 in Bangkok, drawing more than 50,000
participants and generating over 9,600 business matching pairs. It is
co-organized by the Thailand Board of Investment (BOI), the Thai
Subcontracting Promotion Association, and Informa Markets Thailand.
"SUBCON Thailand is not only the largest trade exhibition in ASEAN. It
is a mechanism the BOI uses to connect Thai entrepreneurs to global
supply chains, at a moment when massive global industrial restructuring
is forcing every country to build a stronger base for its own
manufacturers," said
Mr. Narit Therdsteerasukdi, Secretary General of the Thailand Board of Investment.
"Thai entrepreneurs will be the backbone of Thailand's economy in the
years ahead. We will develop SUBCON into a platform that elevates their
capabilities and plants Thailand more firmly on the global industrial
supply chain map — in AI, semiconductors, modern vehicles, and
automation."
Companies said SUBCON Thailand let them source across electric vehicles,
semiconductors and advanced electronics, automation and robotics,
medical devices, and aerospace — finding buyers, suppliers, and
industrial partners across all of them — in a single venue.
"SUBCON Thailand serves as a key platform where automotive and
electronics companies connect and explore business opportunities.
Through business matching sessions, good potential has been identified
to deepen collaboration with Thai entrepreneurs and enhance local
industry partnerships," said Mr. Paulino Mendoza, Team Lead Global
Processing Manager, BMW (Thailand) Co., Ltd.
"SUBCON Thailand is where Thai manufacturers prove their quality to the
world. Business Matching connected us with buyers and partners we would
not have found elsewhere. This is how Thai companies build the
confidence to compete internationally," said Ms. Waranchalee
Suwanpimolkul, Assistant Managing Director, S.K. Polymer Co., Ltd.
Many BOI-network companies left with concrete results — procurement
agreements, follow-up negotiations, and technology partnerships.
Business Matching drew the highest satisfaction scores of any activity
at the show, reflecting how central buyer-supplier connectivity is to
the event's appeal. The results point to broader confidence: companies
at the show said Thai manufacturers are internationally competitive on
quality and ready to integrate into global supply chains.
Looking ahead, the BOI plans to widen SUBCON's scope — targeting AI,
advanced electronics, modern vehicles, and logistics. The BOI will also
expand Business Matching to reach a broader set of industries and build
closer ties between Thai companies and overseas investors.
"SUBCON Thailand is a mechanism the BOI uses to put Thai entrepreneurs
at the center of global supply chains — and to keep them there. The
world is going through the biggest industrial shift in a generation.
Every country is racing to build a stronger base for its own
manufacturers. Thai entrepreneurs will be the backbone of Thailand's
economy, and we intend to make SUBCON the platform that gets them there —
in AI, semiconductors, modern vehicles, and automation," Mr. Narit
said.
USD conversions based on an exchange rate of 32.6 baht per USD.
https://www.boi.go.th