Funds from China continue to flow into Southeast Asia.

PDAEXSEA sorted out the situation of foreign investment attracted by major Southeast Asian countries from January to October 2024 (as shown above, click on the picture to enlarge and view), and funds from China continued to flow in and maintained a leading position.

To Indonesia: US$5.78 billion (first 9 months, October data is not available), mainly involving metal processing, transportation and warehousing, chemicals, pharmaceuticals and other industries.

To Thailand: about US$4.02 billion, mainly involving machinery and equipment services, international trade, software development and related services, entertainment venues, product manufacturing outsourcing (metals, automobiles, etc.).

To Cambodia: US$2.806 billion, mainly involving infrastructure, automobile tires, energy and clothing and footwear.

To Vietnam: US$2.067 billion, mainly involving power electronics, processing and manufacturing, infrastructure, renewable energy, electric vehicles, etc.

If US President-elect Trump pushes forward his campaign promise of imposing large-scale tariffs on China after taking office, it is expected to trigger a new wave of factories moving from China to other countries, and Southeast Asia may continue to benefit from it.

For more information on Southeast Asian investments, please consult PDAEXSEA professional consultants.