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The BOI (Board of Investment) encourages Thai and Chinese cooperation

The Board of Investment (BOI) of Thailand has stated its willingness to encourage business and investment between Thailand and China.Anucha Burapachaisri, a government spokeswoman, stated that Thailand continues to be very popular with Chinese investors following the success of the “Invest in Shanghai, Share the Future” event, which was jointly organized by the City of Shanghai, the Bank of China, and Thailand’s Board of Investment (BOI).

He emphasized the kingdom’s advantageous geographic position in the area, as well as its effective infrastructure, logistics, and transportation networks. The spokesperson also mentioned the exceptional industrial parks in the country, particularly the Eastern Economic Corridor (EEC), which may one day connect to the Shanghai Lin-gang Special Area.

The Shanghai Lin-gang Special Area, which focuses on cutting-edge industries like digital enterprises, health and medicine, smart electronics, and EVs, has a policy to draw investment, according to the BOI. As these industries are in line with Thailand’s objective to encourage S-Curve industrial development, this would consequently constitute a special opportunity to increase investment cooperation between Thailand and China.

The spokesperson added that the steady expansion of trade and investment cooperation between the two nations, particularly in relation to future sectors, had delighted Prime Minister Gen Prayut Chan-o-cha. The three BOI offices in Beijing, Shanghai, and Guangzhou, he continued, are prepared to further improve the connectivity of trade and investment between Thailand and China.

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