Thais Propose Business Centers in Border Areas

Thai executives are encouraging their government to build business centers in Cambodian provinces that border the country, as well as in its other ASEAN neighbors, according to Thai media reports.

Thawatchai Hengprasert, the vice-chairman of the Federation of Thai Industries (FTI), urged the Thai government to set up the centers in all countries bordering Thailand – Cambodia, Laos, Myanmar and Malaysia – to help increase trade, he told the Bangkok Post. The open border policy of ASEAN is a chance to boost cross-border trade and Thai products are very popular in the region, he told the newspaper.

“Thai products are very well known in ASEAN, especially consumer items, construction materials and food products,” he said. “The export value of these products continues to grow in ASEAN.”

Nguon Meng Tech, the president of the Cambodia Chamber of Commerce, welcomed the initiative from the Thai side and suggested the government should find out the details of the proposal in order to make it run smoothly and be mutually beneficial.

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