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Join representatives from the British Chambers of Commerce in Thailand and Indonesia for a session of one to one meetings in 10 locations around the UK from 10th to 21st June.
This is the ideal opportunity to meet with in-market representatives, Greg Watkins (27 years in Thailand) and Chris Wren (22 years in Indonesia) and discuss opportunities specific to your business. Simply follow the links below. Detailed information on the opportunities in both markets follows after the roadshow schedule.
Monday 10th – London – at PageGroup, Victoria House, Southampton Row, London WC1B 4JB. Thailand & Indonesia. 1-2-1 meetings from 9.30 am to 4.00 pm.
Bookings: nattima@bccthai.com
Tuesday 11th – York – Thailand & Indonesia – at The Bar Convent Living Heritage Centre, 17 Blossom Street, York, YO24 1AQ.
Bookings: Click Here
Wednesday 12th – Middlesbrough – Thailand & Indonesia – Commerce House, 1 Exchange Square, Middlesbrough TS1 1DW.
Bookings: Click Here
Thursday 13th – Liverpool – Thailand & Indonesia – The Women’s Organisation, 54 St James Street, Liverpool L1 0AB.
Bookings: Click Here
Friday 14th Belfast (TBC) – Thailand & Indonesia
Monday 17th – Gatwick (Going Global in a Day).
Bookings: Click Here
Tuesday 18th – Guildford (Going Global in a Day).
Bookings: Click Here
Wednesday 19th – Birmingham – at No5 Barristers’ Chambers, Fountain Court, Steelhouse Lane, Birmingham B4 6DR. Thailand only. Briefing for 25 people max from 9.30am. 1-2-1 meetings from 11.00 am to 4.00 pm.
Bookings: nattima@bccthai.com
Thursday 20th – Leicester – at No5 Barristers’ Chambers, Provincial House, 37 New Walk, Leicester LE1 6TU. Thailand only. Briefing for 25 people max from 9.30am. 1-2-1 meetings from 11.00 am to 4.00 pm.
Bookings: piyachat@bccthai.com
Friday 21st – Bristol – at No5 Barristers’ Chambers, 38 Queen Square, Bristol BS1 4QS. Thailand only. 1-2-1 meetings from 9.30 am to 4.00 pm.
Bookings: piyachat@bccthai.com
Both BritChams in Thailand and Indonesia offer an extensive range of Business Services Support (BSS) for British companies seeking to enter or expand their businesses in these huge markets. BSS can take the form of initial free-of-charge consultation to full market entry including direct contact with potential customers and in-country representation.
Thailand – the UK’s fastest growing export market in Southeast Asia
UK exports to Thailand increased by 20% in 2018 compared to an average of 5% for the whole of South East Asia and 2.7% globally. The split of goods to services exports was 70/30 compared to 50/50 globally. There are 235,500 SME and large corporate exporters in the UK. However, only 5,213 British companies exported to Thailand in 2018.
BCCT would like to encourage other UK companies to take up the many business opportunities that are offered by Thailand which is now ranked 27th of 190 economies in the World Bank’s Annual Ease of Doing Business survey.
In terms of Thailand’s imports, the UK’s share is less than 1% compared to Germany at 2.5% and France at 1.8%. The UK is the 23rd largest foreign investor in Thailand. British businesses have some great products and services that are well-respected in the Thai market but we under-perform in Thailand compared to our competitors.
There are many opportunities for British companies across the Thai economy, including but by no means limited to: ICT: digital infrastructure, e-commerce, e-government, transport technology, cyber security & data centres; transport/infrastructure; agri-business & food/drink; retail & consumer goods; power & renewable energy; education & skills development; engineering – electronics, automotive, petrochemicals & machinery; pharmaceutical & healthcare.
Thailand is focusing on the next stage of its economic development with Thailand 4.0, an economic model based on innovation and technology. Foreign investment is supported by the Thailand Board of Investment – www.boi.go.th – with a wide range of incentives. In addition, new growth hubs are being developed starting with the Eastern Economic Corridor (EEC) – www.eeco.or.th – which covers an area of 13,000 square kilometres.
The EEC project brings numerous added incentives and benefits for foreign companies and focuses on the following S-Curve sectors/industries: next-generation automotive; intelligent electronics; advanced agriculture & biotechnology; food processing, high wealth & medical tourism; digital; robotics; aviation & logistics; comprehensive healthcare; biofuel & biochemical; defence; and education.
Get More Active in Indonesia – The Only One Trillion Dollar ASEAN Economy
Indonesia has been monitoring the progress in Britain during the process of Brexit closely as it provided a stepping stone in beginning a new initiative to strengthen bilateral ties between the two countries. The United Kingdom, Indonesia’s fourth largest trade partner in Europe, is welcomed with an open door as it is in Indonesia’s agenda to boost the value of bilateral trade from US$2.5 billion annually to around $6 billion.
Indonesia has made it to the list of top 21 countries with the fastest growing economy, ranking 5th with an expected GDP of USD $5.42 trillion in 2030. It has proved itself to be the strongest economy in South East Asia by its impressive recovery after the 1997 financial crisis with the country’s GDP per capita steadily rising, from $807 in the year 2000 to $3,877 in 2018 (The World Bank).
There are many opportunities for British companies across the Indonesian economy, including but by no means limited to: ICT: digital infrastructure, e-commerce, e-government, transport technology, cyber security & data centres; transport/infrastructure; agri-business & food/drink; retail & consumer goods; power & renewable energy; education & skills development; engineering – electronics, automotive, petrochemicals & machinery; pharmaceutical & healthcare; waste management; education.
With the recent announcement of Indonesia’s latest presidential election winner, Joko Widodo has announced his plan for the second term where he has decided to focus his efforts on improving the human resource quality through education and pushing through with economic development through infrastructure. This plan is in line with Britcham Indonesia’s own interest pillars of support for regional smart city development, in particular (plastic) waste management.
Indonesia’s next stage of economic development is defined by its ‘Industry 4.0’ Roadmap, committing to the theory that the increase of infrastructure investments will lead to accelerated economic growth. This Roadmap model is based on the recent rapid advancements in Indonesia’s information and communication technology further strengthening the implementation of this plan.
The Industry 4.0 Roadmap, formulated within the presidency of Joko Widodo, is marked by the increasing connectivity, interaction, as well as more convergent people, machines and other resources.
British Chamber of Commerce Thailand (BCCT)
7th Floor, 208 Wireless Road, Lumphini, Pathumwan, Bangkok 10330
Tel: +66 (0) 2651 5350
Fax: +66 (0) 2651 5354
Email: greg@bccthai.com
Website: www.bccthai.com