Looking for boat builder entrepreneur in Thailand

Discussion in 'Boatbuilding' started by kira126, Jun 18, 2024.

  1. kira126
    Joined: Jun 2024
    Posts: 2
    Likes: 0, Points: 1
    Location: Bangkok

    kira126 New Member

    Hi all,

    I'm designer (graphic, products, interior) and I got this crazy idea to potentially launch a boat building company in thailand.

    Thailand BOI offers tax incentives and many benefits as they want to develop this growing sector. Also, as it's a BOI approved business you can own a land at your name and no need to have any 51% thai partners.
    Cheap labor, cheap materials (Teak wood) and the proximity of China with low tax imported machinery makes it a perfect location. According to Thailand BOI 70% of boats are foreign imported which leaves an opportunity to sell locally made boats and rebalance this market.

    The vision I have is to create an modern luxury speed boat or sailing boat to fulfill the need of:
    • Russian and Chinese expats/tourists
    • Tour operator
    I would like to know if there are entrepreneurs out there interested in my idea and sharing financial risks. I'm living in Bangkok btw.
     
  2. crystalline
    Joined: Nov 2025
    Posts: 1
    Likes: 0, Points: 1
    Location: Maldives

    crystalline New Member

    Hello,
    we would like to know more details on your idea and I'm a boat builder
     
  3. brian eiland
    Joined: Jun 2002
    Posts: 5,192
    Likes: 252, Points: 93, Legacy Rep: 1903
    Location: St Augustine Fl, Thailand

    brian eiland Senior Member

    What type of boats do you want to build?

    Have you looked around at the boat building competition that already exist?
     
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