The Thailand Board of Investment is looking forward to a busy fall season. Below are some upcoming developments and news we’re thrilled to tell you about.
We’re excited to share that on October 2, 2017, The Prime Minister of Thailand, Mr. Prayuth Chan-ocha, will be in the United States to meet with President Donald Trump in Washington DC. During the visit, Prime Minister Chan-ocha and President Trump will discuss trade, investment, ASEAN regional affairs, and ways to further bolster the bilateral relationship between Thailand and the United States. Prime Minister Chan-ocha will be accompanied by a delegation that includes the Deputy Prime Minister of Thailand, Somkid Jatusripitak, as well as the Ministers of Foreign Affairs, Commerce, Defense and Interior. This visit comes at the heels of a recent visit by U.S. Secretary of State Rex Tillerson and U.S. Secretary of Commerce Wilbur Ross to Thailand, and reflects the strengthening of the Thai-US economic relationship.
Mr. Chan-ocha’s visit comes at a time of expansive growth for Thailand. Bloomberg recently reported that the Thai economy is currently growing at the fastest pace in over four years, an expansion the World Bank forecasts at 3.5% for 2017.
The development plans for the Eastern Economic Corridor (EEC) of Thailand, which we shared in our last newsletter, have also recently been accelerated, much to the excitement of companies looking to establish a foothold in the ASEAN region and capitalize on the logistical and infrastructural strengths of Thailand’s eastern seaboard.
Below are some links to additional recent news about Thailand’s business environment that could be of interest. We look forward to touching base with you again soon!
Korbsiri Iamsuri
Director
Thailand Board of Investment, North America
korbsiri@boi.go.th
