FTI seeks Chinese investment boost in Thai EV, food, and healthcare sectors

[webfact]

 

The Federation of Thai Industries (FTI) is seeking to boost Chinese investment in Thailand, focusing on the electric vehicle (EV), food, and healthcare sectors, through increased business collaboration with Beijing.

 

Kriengkrai Thiennukul, chairman of the FTI, recently met with the Chinese ambassador to Thailand, Han Zhiqiang, to discuss potential investment opportunities. Kriengkrai envisions Thailand as a production base for Chinese companies, acting as a gateway to the ASEAN region.

 

To facilitate this, the FTI established a Thai-Chinese economic institute to promote trade and investment between the two nations. The institute collaborates with other organisations, such as the China Council for the Promotion of International Trade, to develop and advance new trade and investment initiatives. Prospective investors will be connected to 45 industry clubs under the FTI, as well as logistics and supply chain systems to support their ventures.

Kriengkrai believes that this collaboration will enhance Thailand’s global competitiveness and further reinforce domestic industries. One of the key sectors in Thailand is EV manufacturing, which the government is actively promoting.

 

by Alex Morgan

 

Top picture: FTI meets with the Ambassador of the People's Republic of China to Thailand, Han Zhiqiang, left on June 7, 2023, Image courtesy of สภาอุตสาหกรรมแห่งประเทศไทย, Facebook

 

Full story: https://thethaiger.com/news/business/fti-seeks-chinese-investment-boost-in-thai-ev-food-and-healthcare-sectors

 

-- © Copyright Thaiger 2023-06-09

 

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[hotchilli]

4 hours ago, webfact said:

The Federation of Thai Industries (FTI) is seeking to boost Chinese investment in Thailand, focusing on the electric vehicle (EV), food, and healthcare sectors, through increased business collaboration with Beijing.

Invest invest invest... we got nothing.

[Burma Bill]

Even more junk on its way??