Aug 02, 2019 16:00 JST
Source: HKTDC
|
|
|
HKTDC Chairman leads business mission to Bangkok
Meeting with Thai Deputy Prime Minister explores Mainland China-Thailand-Hong Kong cooperation opportunities
HONG KONG, Aug 02, 2019 - (ACN Newswire) - Dr Peter K N Lam, the new Chairman of the Hong Kong Trade Development Council (HKTDC), led a Hong Kong business mission to Bangkok, Thailand last week to discuss with Thai government and business leaders the opportunities presented by closer cooperation between Mainland China, Thailand and Hong Kong. The mission, Dr Lam's first as HKTDC Chairman, explored in particular cooperation opportunities in trade, manufacturing, investment and services under the Belt and Road Initiative and the Thailand 4.0 economic programme. It also examined ways that Thailand's Eastern Economic Corridor (EEC) project and the Guangdong-Hong Kong-Macao Greater Bay Area development plan can be aligned to strengthen connections between the mainland and ASEAN (Association of Southeast Asian Nations) countries.
 | | Hong Kong Trade Development Council (HKTDC) Chairman Dr Peter K N Lam (L) led a business delegation to Thailand last week and paid a visit to Deputy Prime Minister of Thailand Somkid Jatusripitak (R). |
 | | The delegation comprised some 20 Hong Kong business representatives from sectors including finance, architectural design, engineering consultancy, manufacturing and trade. They met with Thai government officials and business leaders to explore cooperation opportunities in trade, manufacturing, investment and services. |
 | | The delegation met with Dhanin Chearavanont (front row, 6th from R), Senior Chairman of CP Group, to learn about the company's urban development and high-speed railway projects along Thailand's Eastern Economic Corridor. They also explored ways to facilitate cooperation in investment and development projects related to the Belt and Road Initiative. |
The mission, organised by the HKTDC, comprised Denis Yip, Commissioner for Belt and Road of the Hong Kong Special Administrative Region (HKSAR) Government, and some 20 Hong Kong business representatives from sectors including finance, architecture, engineering consultancy, manufacturing and trade.
High-level talks to strengthen cooperation
During their 24-26 July visit to Bangkok, the delegation called on Deputy Prime Minister of Thailand Somkid Jatusripitak, who gave a keynote speech at last year's Belt and Road Summit in Hong Kong. In the meeting, there was an exchange of views on how best to align the Thailand 4.0 and EEC projects with China's Belt and Road Initiative and Greater Bay Area development. There were also discussions on how to leverage Hong Kong's advantages in finance, trade and talent to facilitate cooperation between Thailand, the mainland and Hong Kong. The meeting laid a good foundation for future communication, collaboration and the establishment of a specific cooperation framework among the three parties.
Delegates also had a luncheon meeting with China's Ambassador to Thailand, Lyu Jian, at which they gained a better understanding of mainland enterprises' investment and trade activities in Thailand.
HKTDC Chairman Dr Peter K N Lam said: "Thailand has long been an important ASEAN trading partner for Hong Kong. We learnt from our mission that the Thai government's 'Thailand 4.0' blueprint and EEC project complement the Belt and Road Initiative and Guangdong-Hong Kong-Macao Greater Bay Area development plan, and that Thailand welcomes international and mainland investors while also bringing new opportunities for Hong Kong companies, especially in areas related to infrastructure, technology and industrial parks. Hong Kong enterprises are keen to participate in developments that can help them diversify their production bases and overseas markets."
Dr Lam also said: "In a business environment fraught with uncertainties, enterprises must explore ways to lower their risks and develop new markets. The HKTDC hopes to facilitate cooperation with Thai businesses and strengthen our business-matching work through our Bangkok office and 50 offices around the world to help companies get through this challenging time."
EEC and Greater Bay Area
The delegation also met with Luxmon Attapich, Deputy Secretary General of the Eastern Economic Corridor Office (EECO), Chokedee Kaewsang, Deputy Secretary General of the Board of Investment of Thailand (BOI), and Krittayaporn Dabbhadatta, Deputy Governor of the Industrial Estate Authority of Thailand (IEAT) to learn about the latest developments in Thailand as well as the investment and tax incentives offered in the EEC and various industrial estates. They also discussed cooperation opportunities in financing, technology and innovation such as the development of smart cities in these projects. Another topic that came up in discussions was connecting the Greater Bay Area with Thailand's EEC, linking up the two huge markets of ASEAN and China to help turbocharge economic activity in the region.
Creating tripartite cooperation opportunities
The delegation also met with a number of Thai business leaders including Dhanin Chearavanont, Senior Chairman of CP Group; Vikrom Kromadit, Chairman of Amata Group, the largest industrial estate developer in Thailand; and Kavin Kanjanapas, CEO and Managing Director of BTS Group. The meetings explored how Hong Kong, through its expertise in financing and professional services, can connect mainland and international investors and support the urban development of the EEC and Bangkok through such projects as high-speed railways, industrial parks and smart cities. This will help to create opportunities for mainland and Hong Kong enterprises, including manufacturers as well as technology and professional services providers.
Thailand: an important ASEAN partner for the mainland and Hong Kong
As a major country in the ASEAN bloc, Thailand's economy has long been driven by strong domestic demand. The Sino-United States trade dispute resulted in a significant growth in Thailand's exports last year. In an effort to attract more overseas investors, Thailand is now opening up more sectors for overseas investment, including next-generation automobile production, smart electronics, medical and health tourism, agricultural technology, biotechnology and the food business. These developments will in turn bring opportunities for sectors related to talent training, professional services and related areas. Current investment hotspots include robotics, aviation, logistics, biofuel and biochemistry, technology and healthcare services.
Thailand is one of Hong Kong's most important trading partners in the ASEAN region. Last year, Hong Kong's exports to Thailand were valued at HK$60.6 billion, up 12% from the year before. With the commitments made by the two economies under the Hong Kong-ASEAN Free Trade Agreement and related Investment Agreement coming into force in June, trade and investment between Hong Kong and Thailand have been given a further boost through enhanced legal protection and better market access. Mainland China, being Thailand's second-largest export market and largest import origin, is currently Thailand's largest trading partner.
Please download more photos from here. https://bit.ly/2Ylvaci
Contact:Vince Lung, Tel: +852 2584 4341, Email: vince.mh.lung@hktdc.org
Source: HKTDC
Sectors: Daily Finance, Daily News, Local Biz
Copyright ©2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network. |
Latest Release
MHI Commends Outstanding Examples of Implementing its New Management Policy "ITO"
Mar 18, 2026 13:09 JST
| 
FILMART and EntertainmentPulse open today
Mar 17, 2026 21:41 JST
| 
TANAKA PRECIOUS METAL GROUP Provides Medals, Commemorative Items, and Trophies as Category Sponsor (Awards Ceremonies) for the LIGA.i Blind Soccer Top League 2025
Mar 17, 2026 21:00 JST
| 
Eisai Established the Global Capability Centre in Visakhapatnam, India, to Standardize Global IT Infrastructure Operations and Digital Transformation
Mar 17, 2026 19:49 JST
|
Successful Flight Demonstration of Mission Autonomy Developed for Use in Unmanned Aerial Vehicles
Mar 17, 2026 14:11 JST
| 
The University of Tokyo and NEC conclude a Strategic Collaboration Agreement to promote a prosperous society where people and AI succeed together
Mar 17, 2026 12:34 JST
| 
Hitachi Energy Japan Recognized as a 2026 Health & Productivity Management Outstanding Organization (Large Enterprise Category)
Mar 16, 2026 16:20 JST
| 
Fujitsu Japan and Teikyo University Hospital launch joint proof of concept to build mechanism for data analysis and referred-patient management
Mar 16, 2026 12:55 JST
| 
FWD Group delivers record full year 2025 results with profitable growth, improved capital and cash flow generation
Mar 16, 2026 10:25 JST
|
Mitsubishi Shipbuilding Completes Handover of WAKASHIO MARU Training Ship for National Institute of Technology, Toyama College
Mar 13, 2026 16:01 JST
|
Mitsubishi Heavy Industries to Introduce 10MW-Class Centrifugal Chiller for Next-Generation AI Data Centers in North America
Mar 13, 2026 14:10 JST
| 
Spritzer Sparkling's 'Serikan Raya, Sparkling-kan Suasana' Festive Fusion Message Promotes Togetherness and Tradition with a Light, Modern Twist
Mar 13, 2026 12:45 JST
|
Hitachi to deliver the world's first 550 kV gas-insulated switchgear in which the entire equipment is SF(6)-free to Chubu Electric Power Grid
Mar 12, 2026 19:40 JST
| 
Honda Announces Losses Associated with Reassessment of Automobile Electrification Strategy; Revision to Forecast for Consolidated Financial Results; and Future Direction
Mar 12, 2026 19:02 JST
| 
Japantastics Introduces the World of Kodaimoji, Bringing Ancient Characters into Modern Spaces
Mar 12, 2026 19:00 JST
|
Eisai Launches Awareness Campaign on Importance of Sleep Through "Pokemon Sleep" Collaboration
Mar 12, 2026 17:21 JST
|
NEC Develops Physical AI That Anticipates Human Movement and Psychological States
Mar 12, 2026 16:41 JST
| 
NEC and The University of Tokyo calculate carbon accumulation rates in Malaysian national park with a 9.4% margin of error
Mar 12, 2026 12:02 JST
| 
Everest Medicines Announces Commercial Launch and First Prescription for VELSIPITY(R) in Mainland China, Addressing Unmet Need in Moderately to Severely Active Ulcerative Colitis
Mar 11, 2026 20:15 JST
|
Eisai to Present the Latest Data on Long-Term, Real-World Treatment with Lecanemab at the AD/PD(TM) 2026 Annual Meeting
Mar 11, 2026 12:07 JST
|
More Latest Release >>
|