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Britain keen on Thailand 4.0 plans


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Wed, 10 Aug. 2016

    Bangkok Post

British investors have expressed interest in Thailand, especially its high-tech and innovative industries, says Industry Minister Atchaka Sibunruang.

She said British investors are expected to improve several sectors as they enter the Thailand 4.0 era of high-value products. Mrs Atchaka spoke after meeting the newly installed British ambassador to Thailand, Brian Davidson, and the director of Trade & Investment in Bangkok, Marcus Winsley.

“The sectors the British investors say they are interested in include aircraft production and fashion design,” she said.

British investment in aircraft production is expected to play a major role in making Thailand the aviation hub of ASEAN.

Mrs Atchaka said the British experience in fashion and design would support Thailand to upgrade its garment and textile business in creating its own brands and moving into the high end of the industry…

Thailand and Britain are also cooperating on research and development that is expected to help encourage further knowledge and investment.

According to the Ministry of Foreign Affairs, Britain ranks as Thailand’s second biggest trade partner in the EU at US$7 billion a year.

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