Why invest in Chiang Mai?
Chiang Mai is the second most important city of Thailand and strategically positioned in Northern Thailand. Chiang Mai has eight universities with more than 100,000 students, several international schools, 17 foreign representations (consulates), and excellent medical facilities. It is increasingly a place of international reputation. With its investor-friendly policies and skilled labor the city is attracting more and more foreign companies to invest in Chiang Mai.
In addition to the availability of local talent, the key reasons cited by investors are the low cost of living on a comparable high standard, lower labor cost with high staff loyalty and creativity, and tolerance of the people, culture and lifestyle. The availability of (international) schools (bilingual, Japanese, German, British, American, Chinese, etc) and the international airport with plenty of connections are also cited as making Chiang Mai an excellent place for doing business.
The Chiang Mai Creative City (CMCC) Development Committee works with its members on how to make Chiang Mai more attractive for investors and business. The Chiang Mai Creative City initiative significantly involves the main universities of Chiang Mai. Their goals is to further improve the quality and availability of talent in Chiang and the Northern Region and support industry through academic and consulting services, collaborative R&D projects, training, and knowledge transfer.
Most government and private sector agencies and associations are also members of the CMCC Development Committee and they work closely together to support investors and make Chiang Mai even more attractive.
The Technology Development Center for Industry (TDCI) at Chiang Mai University functions as the point of contact and secretariat of the CMCC Development Committee.
The key universities in Chiang Mai are: