For example, countries like Turkey and Mexico have considerably lower numbers of competitors in the electronics and industrial products sectors than other economies so investment opportunities face less competition.
Similarly, opportunities are being presented with low labour costs, accessible ports and membership of the ASEAN trade organization as Vietnam is beginning to benefit from the search for an East Asian production location that serves as an alternative to increasingly expensive China. However, in education, infrastructure, and macroeconomics, there are still plenty of hurdles to overcome.
KPMG can help you to overcome the challenges associated and benefit from the opportunities associated with moving to these countries by advising on issues such as selecting a location, implementing expansion plans, tax and regulatory compliance.
For more information about how KPMG can help please contact Richard Reid.