Southeast Asia is a region offering attractive business opportunities to Danish companies. IFU has completed more than 100 investments in Southeast Asia.
India is an emerging market and many Danish companies have already established operations in the country. The IT business is particularly attractive with its large qualified workforce. However, other sectors such as infrastructure, cleantech and the so-called BOP (base-of-the-pyramid) market hold great potential for Danish companies.
Thailand's economic growth is expected to be at around five per cent in the coming years. In recent years, the country has attracted a number of foreign enterprises that use the country for production purposes and as a base for selling to other Asian markets.
Thailand is attractive because of its modern infrastructure, sound business climate, well-educated workforce and competitive cost level. Thailand also has a growing middle class with relatively strong purchasing power.
Investments of almost DKK 2 billion
In cooperation with companies including Carlsberg, Rockwool, Georg Jensen, Styromatic and Flux Transformerteknik, IFU has made nearly 30 investments in Thailand. Investments are expected to total almost DKK 2 billion, of which IFU has provided more than DKK 300 million either as debt or equity.
Vietnam is an emerging market. In the last ten years, the Vietnamese economy has grown by an average of seven percent a year. The country is rich in natural resources. The soil conditions and the climate ensure good conditions for agricultural production, and the country's long coast line forms the basis of an extensive fishing industry. In recent years, Vietnam has also developed into a manufacturing and exporting country.
Large and industrious workforce
A skilled, industrious workforce of almost 50 million people and low production costs make Vietnam an attractive host country. Many foreign enterprises have become aware of this, and more and more of them are setting up production in Vietnam.
This also applies to Danish companies, and at IFU we are seeing growing interest in investing in the country.
Investments of about DKK 2 billion
In cooperation with companies such as Carlsberg, Orana, ScanCom and Sunmark, IFU has made more than 30 investments in Thailand. Investments are expected to total some DKK 2 billion, of which IFU has provided almost DKK 400 million either as loans or equity.
IFU's Southeast Asia investment team offered advisory services and carried out investments in several sectors including manufacturing, textiles, software, food and beverages, furniture, investment, tourism and the graphics industry.
In addition to Thailand and Vietnam, our investment team covers Cambodia, Laos, Myanmar, Papua New Guinea and the Philippines.
For further information on how we can assist your company, please contact one of our investment managers.