Summer has officially begun and we've had an incredibly exciting and busy few months at BOI.
Only two weeks ago, the US-ASEAN Business Council visited Thailand. Led by CEO Alexander C. Feldman, American businessmen from 39 companies paid a courtesy call to Prime Minister Gen. Prayut Chan-o-cha as well as members of the Thai Cabinet, to commemorate the strong bilateral trade relationship between the two countries and the strides the Thai government has made in ensuring Thailand remains a friendly business climate for American investors.
In April, a delegation from BOI attended MRO Americas 2018 in Orlando, Florida to promote Thailand's opportunities in the aerospace sector, specifically in maintenance, repair and overhaul operations, as well as discuss the progress of the Eastern Economic Corridor project which will be anchored by an expanded U-Tapao Airport as a new regional aerospace and MRO hub of ASEAN.
In May, the BOI co-organized the annual largest industrial subcontracting event in Southeast Asia, SUBCON Thailand 2018, during May 16-19, 2018 in Bangkok. Over 40,000 foreign and local visitors from various industries, including automotive, electronics, and machinery sectors, attended the fair and there were over 7,200 business matchings which led to business transactions worth approximately 12.7 billion Baht.
In June, representatives from BOI, public and private sectors as well as academia in biotechnology from Thailand, attended the BIO International Convention (BIO 2018) in Boston to showcase Thailand's capabilities in biotechnology sector. At BIO, over 16,000 biotechnology and pharma leaders meet to discover opportunities, network and explore the biotechnology and life sciences sectors, learn, share and collaborate. Also the BOI, in collaboration with Thailand Center of Excellence in Life Sciences (TCELS), organized a seminar on investment opportunities for North American companies in Thailand.
Below, we've shared several news stories which demonstrate the range of FDI activity currently taking place in Thailand. We hope to connect with you in the coming months. Enjoy!
Tanita Sirisup
Director
Thailand Board of Investment, North America
nyc@boi.go.th