US-ASEAN Business Council members discuss investment opportunities
Representatives from 42 US corporations who are members of the US-ASEAN Business Council are scheduled to meet Prime Minister and Finance Minister Srettha Thavisin in Bangkok this week to discuss investment opportunities in Thailand.
The sessions, which will focus on green energy, infrastructure and digital economy investments in the eastern economic corridor (EEC) area, will be joined by ministers and executives of related ministries and agencies, a news source from the Government House said on Tuesday.
Notable companies sending their representatives to the business negotiations include Agoda, Airbnb, Mariott, Amazon, Apple, Google, IBM, Seagate, Qualcomm, SAP, Boeing, Ford, Harley Davidson, FedEx, Chevron, ExxonMobil, Bayer, Johnson & Johnson, Pfizer, Mastercard, Visa, Philip Morris, Estee Lauder and Guardian.
The source said the discussion would be a follow-up to the PM’s two visits to the US this year, during which Srettha and Thai delegates presented investment opportunities and supporting government policies to US investors.
The first visit was during the 78th United Nations General Assembly in New York from September 18-26, while the second was during the 30th APEC Economic Leaders’ Meeting, held in San Franciso last week.
The source added that the Thai PM and ministers are preparing to provide in-depth details of investment opportunities and supporting policies across various key industries to US executives, with a focus on the promotion of the digital economy, electric vehicles, logistics infrastructure, and sustainability development.
US Ambassador to Thailand Robert F Godec said that the scheduled discussions reflected the confidence of the United States and its businesses in Thailand’s potential. He said US corporations are ready to invest in aspects that promote mutual benefits and growth of the US, Thailand and the world.
These US companies will also bring tens of thousands of jobs and billions of dollars of trade volume to Thailand, helping to further boost the country’s economic expansion, the ambassador added.
