Spurred by global geopolitics and Canada’s Indo-Pacific Strategy, which aims to forge deeper ties with ASEAN, Canadian companies have been showing growing interest in Thailand and Southeast Asia in recent years. To understand the opportunities offered by the region, we sat down with Andrew Stoutley, a Toronto native and the chief operating officer of Tilleke & Gibbins, a leading Southeast Asian regional law firm with over 130 years of history in Thailand.
Q: Why are Canadian companies looking at Thailand and Southeast Asia right now?
A: Two reasons stand out. First, diversification has moved up the agenda. Many Canadian companies want options outside North America due to tariff volatility and policy uncertainty in the United States, as well as questions around the next Canada–United States–Mexico Agreement mandatory joint review. At the same time, the shift of global production from China to Southeast Asia is accelerating, driven by rising costs, geopolitics, and the need to avoid overreliance on a single market. As a result, Canadian companies are looking for a second production base or a regional hub, and Thailand and its neighbors are natural choices given their manufacturing depth, location, and established supply chains.
Second, Canada’s own efforts in the region are gaining traction. The Indo-Pacific Strategy has led to more on-the-ground support, including larger trade missions, upgraded diplomatic posts, and new financing options. Export Development Canada (EDC) now has a presence in Bangkok, giving Canadian companies a direct line to financing and insurance in Thailand. There’s also steady progress on trade frameworks like the recently signed Canada–Indonesia Comprehensive Economic Partnership Agreement (which will come into effect pending domestic procedures), ongoing negotiations of a Canada–ASEAN FTA, and the exciting announcement about the launch of negotiations of a Canada–Thailand FTA. Together, these developments have the potential to make it much easier for Canadian businesses to enter and operate in the region.
Q: What makes Thailand a good base for a regional strategy?
A: Thailand combines a strong industrial base with reliable infrastructure and a skilled workforce, with lower costs than Singapore or Hong Kong, making Bangkok a practical and affordable hub for managing operations across Southeast Asia. The Thai Board of Investment offers incentives for targeted sectors, which can make a real difference in the early years of a project. And Thailand’s comparatively stable business and legal environment—marked by predictable regulation, established licensing routes, and reliable dispute resolution—underpins regional planning and execution.
To take advantage of all that Thailand has to offer, however, planning is key. Early on, companies should check whether available incentives fit their plans, make sure they fully understand foreign ownership limits and the local regulatory environment, and build relationships on the ground. When eyeing a regional strategy, it’s also important to remember that Southeast Asia isn’t one market. A plan that fits Thailand may need to be reworked in Vietnam or Cambodia, as each country has different approvals, data rules, local director requirements, and employment norms. The right mindset is to build a regional model that can be localized, not a single template you try to force everywhere.
Q: What sectors are you seeing the most interest in from Canadian companies?
A: Advanced manufacturing and the EV ecosystem are attracting significant interest. Clean energy and energy efficiency are busy as more climate finance becomes available. Digital services and fintech are very active. We’re also seeing a lot of interest in agribusiness, healthcare and life sciences, logistics and supply chain, education, and tourism and hospitality. The common thread is that Canada’s priorities and Thailand’s policy goals are lining up, which makes it easier to build projects both sides want to see succeed.
Q: For companies entering Thailand or Southeast Asia, what should they look for in a legal partner?
A: Look for two things: an international service mindset and real local depth. If you’re a multinational, you need a firm that has worked with foreign companies and understands how your in-house team operates, what your timelines look like, and how you measure risk. At the same time, you need advisors who know how the law is applied day to day—what works with regulators, what commercial terms are consistent with market norms, and what issues are likely to arise. When those two elements come together, you gain the confidence of clear, reliable guidance that helps you navigate complex markets with minimal disruption.
Track record matters too. Tilleke & Gibbins has acted for inbound investors in Thailand for more than a century and, in recent years, across the rest of Southeast Asia. Most of our clients are multinational companies, so our approach to service is built around their expectations, backed by local judgment and relationships.
Q: As COO of Tilleke & Gibbins, how do you make sure your operations actually translate into better outcomes for clients?
A: I think about the COO role as creating the conditions for great client work. For us, that starts with making a regional firm feel seamless to a client running a project across Thailand, Vietnam, and beyond. Our team members have spent years working closely together across offices and practice areas so the quality is consistent, while still reflecting the realities on the ground in each jurisdiction. By working as one team across borders and disciplines, we’re able to support clients with the full range of services they need to succeed in Southeast Asia’s dynamic markets.
I’ve been with Tilleke & Gibbins for nearly 20 years, and what keeps me here is the culture. It’s collaborative. When a client brings us a complex mandate—say, a cross-border investment that cuts across regulatory matters, employment, data, and tax—we can quickly assemble a team that’s technically strong and commercially minded.
Innovation helps too. We use secure generative AI tools to accelerate routine work—first drafts, clause comparisons, issue spotting—so our lawyers can focus on strategy and judgment. Everything goes through human review by our lawyers, with strict confidentiality and approval guardrails. The result is faster turnaround, clearer documents, and better consistency in the work we’re delivering to clients.
Q: Any final advice for Canadian executives who are thinking about setting up in Thailand?
A: Start with a plan that can scale across the region, but don’t skip the country-by-country details. Lean on the Canadian institutions here to help, like the EDC, the Trade Commissioner Service, and CanCham’s great network. Track progress on the Canada–ASEAN and Canada–Thailand FTAs, and use these tools to design supply chains that reduce exposure to U.S. policy swings. Combine that support with good local advice, and Thailand provides a strong base for long-term growth.
This interview was originally published in issue 1/2026 of Voyageur, the magazine of CanCham Thailand (Thai-Canadian Chamber of Commerce).
