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State agencies urge government to promote overseas investment shows

State agencies urge government to promote overseas investment shows

Thailand’s state agencies are urging the government to set up an economic team to present overseas investment road shows to regain the confidence that has been lost in recent years among foreign investors and tourists.
The Department of Export Promotion (DEP), the Tourism Authority of Thailand (TAT), and the Board of Investment (BoI) have teamed up to promote the Thai economy to regain confidence in trade, investment, and tourism.
The three agencies planned to propose their plans to the prime minister during a meeting this past week.
Among several plans, they call for the government to establish a Thailand Economic Team Road Show on Trade, Investment and Tourism to bring back confidence to foreign investors.
A team led by Thailand’s prime minister and deputy prime minister for economic affairs will focus on holding road shows in new markets only slightly affected by the world economic downturn such as Japan, China, Malaysia, and the United Arab Emirates beginning this month and continuing through April.
Under the so-called ‘Road show’ approach, a seminar is held in each country to give information about Thailand’s trade and investment potential, with some 300-400 businesspeople invited to participate in the event.
Trade talks will be held between the Thai private sector and government and private sectors in those countries to provide an opportunity for Thai exporters to meet their trade partners.
Cultural performances and exhibitions to promote Thailand as a tourist destination will be arranged for senior government officials, businesspeople, and media.
The plan is to boost understanding among those countries on the current situation in Thailand and revive confidence in trade, investment and tourism to stimulate the Thai economy. (TNA)

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