Phumtham Wechayachai – Asia Pacific Metalworking Equipment News | Manufacturing | Automation | Quality Control https://www.equipment-news.com As Asia’s number one English metalworking magazine, Asia Pacific Metalworking Equipment News (APMEN) is a must-read for professionals in the automotive, aerospace, die & mould, oil & gas, electrical & electronics and medical engineering industries. Sun, 12 May 2024 23:54:50 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 Thailand May Be The Next Manufacturing Base With Japan’s Support https://www.equipment-news.com/thailand-may-be-the-next-manufacturing-base-with-japans-support/ Sun, 12 May 2024 23:30:05 +0000 https://www.equipment-news.com/?p=32975 Thailand Commerce Ministry invited members of the Japan Business Federation, also known as “Keidanren”, to invest in manufacturing medical equipment, railway, aircraft, innovation, and clean-energy industries. Source: The Nation Thailand The event highlighted the kingdom’s suitability as manufacturing base under…

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Thailand Commerce Ministry invited members of the Japan Business Federation, also known as “Keidanren”, to invest in manufacturing medical equipment, railway, aircraft, innovation, and clean-energy industries.

Source: The Nation Thailand


The event highlighted the kingdom’s suitability as manufacturing base under modern global trends. Thai trade delegates led by Deputy PM and Commerce Minister Phumtham Wechayachai met with executives of Keidanren, led by Suzuki Jun, chair of Japan-Thailand Trade and Economic Committee at Imperial Hotel in Tokyo.

During the meeting, Phumtham underscored Japan was Thailand’s third-largest trade partner last year, while accumulated investment amount from Japanese corporations made up for 25% of the kingdom’s total foreign investment, more than any other country.

He invited Japanese business leaders to invest in Thailand as well as visit the country to witness its potential. The Thai government has facilitated this by exempting visa requirements for Japanese visiting Thailand for up to 30 days since 1 January 2024, he added.

Phumtham said Thailand possesses readiness to be a manufacturing and exporting bases for various industries, adding that the government has prepared and promoted Thai entrepreneurs for new global trends that focus on green business, sustainable manufacturing, low-carbon emission and the use of renewable energy.

 

 

 

 

 

 

 

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