Bangkok is responsible for 40% of Thailand GDP.
Which makes it all the more painful to recall this World Bank report from last year, in which the agency said rising temperatures and sea levels will increase risk of floods in Bangkok fourfold by 2050.
Most of the Top 10 EMS companies have operations in Thailand, and Cal-Comp (no. 6) and Fabrinet (no. 19) have most of their production there. It’s a major center for automotive production and, of course, a leading site for hard disk drives.
It’s also yet another reminder that access to cheap labor is only one component in the decision on where to locate supply chains.