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Taiwan Urged to Invest More in Thailand

Source: Taiwantrade | Updated: 18 September 2012

Nipon Poapongsakorn, president of the Thailand Development Research Institute, said Taiwan should step up its investments in Thailand to balance bilateral trade interests, especially as a large number of foreign investments in Thailand come from regional rival Japan.

Taiwanese companies are expected to invest more in the automobile and electronics sectors in Thailand, since both countries have strong foundations in the two sectors, he said.

Furthermore, Poapongsakorn suggested that Taiwan and Thailand can begin with technical cooperation, particularly among small- and medium-sized enterprises, to help strengthen the economic relations between the two countries.

 

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