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Thai, Japanese businesses forge links

The Thai government's spokesman Anucha Burapachaisri said on February 1 that the Ministry of Industry has signed a memorandum of understanding (MoU) with Japan’s Ishikawa prefecture to forge links between local enterprises.
Thai, Japanese businesses forge links ảnh 1The Thai government's spokesman Anucha Burapachaisri. (Photo: nationthailand)

Bangkok (VNA) – The Thai government's spokesman Anucha Burapachaisri said on February 1 that the Ministry of Industry has signed a memorandum of understanding (MoU) with Japan’s Ishikawa prefecture to forge links between local enterprises.

Anucha stressed that Ishikawais the 23rd out of Japan’s 47 prefectures to sign an MOU with Thailand to promoteindustrial cooperation under the theme of “Otagai”, which means “to help eachother”.

On the Thai side, the Department of IndustrialPromotion will match cluster industries in Ishikawa, including machinery,textile and fibre, food and agriculture, with suppliers and partners inThailand.

Both sides also agreed to participate in the 22ndOtagai Forum in Nanao City, Ishikawa, on February 22 to promote collaborationin the carbon-fibre-reinforced polymer and food processing industries and thebio-circular and green (BCG) economy.

Anucha said over 6,000 Japanese businesses currentlyoperate in Thailand, the government believed that industrial cooperation withJapan can be expanded to related aspects that help maximise Thailand’spotential in product development and contribute to the growth of industrialestates.

The MoU was signed following a January 11-15 roadshow held by theministry in Ishikawa to attract Japanese investment for Thailand’s electricvehicle and smart technologies industries. The roadshow was expected to bringup to 10 billion baht (over 300million USD) in investment, focused on the 12 targeted S-Curveindustries in the Eastern Economic Corridor./.

VNA
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