Thailand to boost trade with India
Thailand's deputy prime minister Kosit Panpiemras has led a delegation of senior officials and business executives to India, aiming to expand trade and investment opportunities between the two countries.
By Agencies |
BANGKOK: Thailand's deputy prime minister Kosit Panpiemras has led a delegation of senior officials and business executives to India, aiming to expand trade and investment opportunities between the two countries.
Board of Investment (BoI) secretary general Sathit Charnchaovakul on Monday revealed that Kosit and his delegation, the Software Industry Promotion Agency and National Cente for Genetic Engineering and Biotechnology, as well as business figures are scheduled to visit Bangalore and New Delhi from August 28 through September 4.
The trip is aimed to explore trade and investment opportunities, and invite industries such as software, biotech and pharmaceuticals, steel, automobile production and parts to invest in Thailand.
It would also give Thai investors an opportunity to expand the trade and investment cooperation with India, particularly in the auto parts industry.
The visit will include a seminar on investment, a discussion between Thai and Indian business executives, and a meeting with the Indian commerce and industry minister.
During the past five years(2002-2006), Indian investors had sought BoI investment promotions for 72 projects.
Thailand ranks third among Association of South East Asian Nations(ASEAN) after Malaysia and Singapore regarding investments in India.
The number of investment projects made by Thai investors in India in the past 16 years totaled 144 with combined investment of $831.22 million.
Board of Investment (BoI) secretary general Sathit Charnchaovakul on Monday revealed that Kosit and his delegation, the Software Industry Promotion Agency and National Cente for Genetic Engineering and Biotechnology, as well as business figures are scheduled to visit Bangalore and New Delhi from August 28 through September 4.
The trip is aimed to explore trade and investment opportunities, and invite industries such as software, biotech and pharmaceuticals, steel, automobile production and parts to invest in Thailand.
It would also give Thai investors an opportunity to expand the trade and investment cooperation with India, particularly in the auto parts industry.
The visit will include a seminar on investment, a discussion between Thai and Indian business executives, and a meeting with the Indian commerce and industry minister.
During the past five years(2002-2006), Indian investors had sought BoI investment promotions for 72 projects.
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Thailand ranks third among Association of South East Asian Nations(ASEAN) after Malaysia and Singapore regarding investments in India.
The number of investment projects made by Thai investors in India in the past 16 years totaled 144 with combined investment of $831.22 million.
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