BANGKOK (NNT) - In his special address at the "Thailand Japan Investment Forum 2023," Thai Prime Minister and Finance Minister Srettha Thavisin lauded Japan for its enduring relationship and long-standing trade and investment cooperation with Thailand. Emphasizing the relationship spanning over 130 years, he acknowledged Japan as Thailand’s true friend, with over 6,000 Japanese companies and 80,000 Japanese nationals residing in Thailand. Thailand’s investment policies in clean energy, digital economy, green technology, AI, advanced technologies, and startups align well with Japan’s focus on quality products, innovation, high technology, and environmental friendliness. Despite economic slowdowns, the Thai government injects funds into the system, focusing on tourism and attracting global investors through large-scale infrastructure projects. Japan remains one of Thailand’s top trading partners, contributing to 10% of Thailand’s international trade, with the potential for expanded cooperation in agriculture, consumer goods, automotive parts, electronics, and various industrial products.For over 50 years, Japan’s automotive industry has been a significant contributor to Thailand’s economy. The Thai government supports transitioning to modern automotive technology. The Prime Minister introduced the "Landbridge" project, aiming to make Thailand a key global trade hub by connecting the Gulf of Thailand and the Andaman Sea. The government is keen on supporting Japanese investments in Thailand’s film, gaming, and animation sectors, leveraging its creative economy proven by various international awards. Finally, the Prime Minister assured that Thailand is committed to economic development and open to investments, especially from Japan, a major and long-standing investor, to transition towards a new global economy.
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