Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation

      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • SocialBoost
  • Rooms
    • MediaRoom
    • ESG Rooms
  • AI Tools
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Hamburger menu
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • Overview
  • Distribution
  • Paid Placement
  • Multichannel Amplification
  • Disclosure Services
  • Cision Communications Cloud®
  • AI Tools
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Client Login
  • Send a Release
  • Resources
  • Blog
  • Journalists

Thai government invites over 570 Japanese investors to explore EEC and 10 S-Curve industries


News provided by

Ministry of Industry

12 Sep, 2017, 17:07 GMT

Share this article

Share toX

Share this article

Share toX

To celebrate 130th anniversary of Thai-Japanese diplomatic relations

BANGKOK, Sept. 12, 2017 /PRNewswire/ -- In celebration of the 130th anniversary of Thailand-Japan diplomatic relations, the Thai government joined force with economic organizations in the public and private sectors in welcoming a delegation of over 570 high-ranking Japanese investors and government officials visiting Thailand. Both parties were making a historic move in economic relationship enhancement by jointly exploring trade and investment opportunities in the special one-day symposium on "Thailand 4.0 towards Connected Industries" and a visit to the Eastern Economic Corridor (EEC). A number of Memorandum of Understandings (MOUs) were signed during the visit to promote cooperation in trade and investment promotion as well as human resource development.

This image opens in the lightbox
Thai government led by Dr. Somkid Jatusripitak, Deputy Prime Minister, Dr. Uttama Savanayana, Minister attached to the PM’s Office, and Mrs. Apiradee Tantraporn, Minister of Commerce welcomed Mr. Hiroshige Seko, METI and a delegation of over 570 high-ranking Japanese investors and government officials at the symposium on “Thailand 4.0 towards Connected Industries” which demonstrate new opportunities in investment and trade between Thai and Japan business people. (PRNewsfoto/Ministry of Industry)

According to Deputy Prime Minister Dr. Somkid Jatusripitak, the Japanese mission showed strong interest in the Thailand 4.0 economic model, the Eastern Economic Corridor (EEC) project development and the 10 target industries, particularly in industries driven by advanced future technology.

Courtesy visit to Thai Prime Minister

As part of this celebration, Japan's Minister of Economic, Trade and Investment (METI) and the Japanese delegation had the opportunity to pay a courtesy visit to Thailand's Prime Minister General Prayuth Chan-ocha at the Government House on 11 September 2017.

During the courtesy visit, the Thai Prime Minister shared with Japanese mission Thailand 4.0 economic model and strategy in driving economic growth through the development of EEC and urged for both countries' collaboration in turning the area into a strategic business hub of the region.

Strong Japanese business presence in Thailand

Dr. Somkid said that throughout the past 130 years the close relationship between Thailand and Japan had brought vast benefits in terms of economic and political development, trade cooperation, industrial development, investment activities and tourism.

He added that Japan remained the largest foreign investor in Thailand, accounting for 40 per cent of total foreign investment. It is Thailand's second most important trade partner after China. In the first half of 2017 alone, Japan is the largest investor applying for promotional incentives through the Board of Investment (BOI), representing 55 per cent of total foreign investment applications. In the first half of this year, Japanese investors applied for many large-scale projects, such as 19.54-billion-baht hybrid vehicle production, 15.18-billion-baht special polymer and chemical product manufacturing and 5-billion-baht vehicle production.

The strong relations between Thailand and Japan can also be seen from the high number of 1,748 companies that are members of Japanese Chamber of Commerce, Bangkok.

To further strengthen the relationship, more cooperation will be promoted, especially in the business and industrial sectors, both in breadth and depth. The government will back that up by enhancing confidence in economic potential that will lead to high level of cooperation in the future.

130th anniversary celebration activities

Dr. Somkid said the Thai government led a group of economic ministers and executives from related organizations to visit Japan in June this year and discussed cooperation with the Japanese government and the business sector, including Keidanren or the Japan Federation of Economic Organizations.

The mission resulted in significant progress in many projects and new MOUs for more cooperation, especially an MOU between Japan's Ministry of Economy, Trade and Investment (METI) and Thailand's Ministry of Industry in upgrading industrial capability, promoting SME development and supporting the development of the EEC in Thailand.

The June visit also led to this special 11-13 September Japanese delegation by Mr. Hiroshige Seko, Minister of Economy, Trade and Investment. The delegation included over 570 high-ranking executives from JETRO, Small & Medium Enterprises and Regional Innovation, JAPAN (SMRJ), Keidanren and private companies. The large number of Japanese investors joining this mission marked a new milestone and emphasized Japanese investors' confidence in Thailand. The mission also cemented both countries' commitment to work hand in hand to promote economic development.

Opportunities explored at symposium on Thailand 4.0

The Ministry of Industry, Ministry of Commerce, the Eastern Economic Corridor Office of Thailand, the BOI, the Board of Trade of Thailand, the Federation of Thai Industries and the Thai Bankers' Association jointly hosted the symposium on "Thailand 4.0 towards Connected Industries". The symposium demonstrated new opportunities in investment and trade between Thai and Japan business people, involving both large and small and medium-sized enterprises, as well as promoted closer collaboration between both countries' government sectors. The symposium attracted more than 1,200 people.

Among the key topics presented at the event were highlights of the 10 S-Curve industries which have received support from METI­ for industrial reform and technology transfer towards Thailand 4.0 under the "Connected Industries" strategy of the Japanese government. Under this cooperation, digital technology will be applied and integrated with industrial technology to create innovative work processes.

MOUs signed

New MOUs were signed between the Thai government and the Japanese trade mission, including:

1)    Cooperation in driving industrial sector development between Keidanren, the Japan Chamber of Commerce and Industry, the Federation of Thai Industries and the Board of Trade of Thailand

2)    Cooperation in promoting EEC development between the EEC Office, JICA and Hitachi

3)    "Flex Campus" - Cooperation in human resource development to support Industry 4.0. Japan will share knowledge in engineering and vocational education through the MOUs between Thailand's Department of Industrial Promotion and the Embassy of Japan in Thailand

4)    Cooperation between Thailand's Ministry of Industry and SMRJ of Japan to improve Thailand's SME support and assistance bodies

5)    Trade cooperation between Thailand's Department of International Trade and JETRO.

In addition to the MOUs signing, a business matching activity was held to encourage more trade and investment between the two countries, especially in the five industries, namely 1) automotive, 2) electrical and electronic appliances, 3) agriculture, food and healthcare industry, 4) service business and 5) the government and financial institutions.

Joint efforts to promote EEC

To promote cooperation between Japan and Thailand in EEC development policy and plans, the Thai government led by Dr. Uttama Savanayana, Industry Minister, will bring the Japanese mission to visit the EEC, U-Tapao Airport and industrial estates in the EEC area. This will allow participants to closely experience the project's potential and development progress, from basic infrastructure like deep sea ports, airport, utilities and industrial estates to the Thai government's strong commitment to advancing the EEC to become a new economic hub for Thailand and Southeast Asia.

For more information, contact Ministry of Industry at tel. +66-2202-4435 or visit www.industry.go.th or facebook.com/industryprmoi

Modal title

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT
  • General Enquiries
  • Media Enquiries
  • Partnerships

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
  • Data Privacy

Do not sell or share my personal information:

  • Submit via Privacy@cision.com 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 PR Newswire Europe Limited. All Rights Reserved. A Cision company.