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Suriya off to Japan to lure investment

Sep 19. 2019
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Industry Minister Suriya Juangroongruangkit will lead a delegation to Japan from September 24-27 to try and woo investment.

Passakorn Chairat, deputy director-general of the Industrial Promotion Department, said they would meet the head of Mitsubishi Motors on September 25 and invite him to expand investment in Thailand, especially in the next-generation automotive business.

The ministry is ready to facilitate such a move, Passakorn said.

Suriya will also address about 20 corporate representatives who are members of the Keidanren Japan Business Federation about possible collaborations in Thailand. 

The Thai delegation will visit the city of Toyama on September 26, meet the governor and outline Thailand’s industrial policy at a seminar expected to draw more than 100 businesspeople.

Passakorn said Toyama is renowned as a hub for smart electronics, next-generation automotive components and medical innovations.

That evening, the delegation will meet with the New Energy and Industrial Technology Development Organisation regarding collaboration in forging a circular economy, including the recycling of electronic and automotive waste.

They will also meet with representatives of the Japanese Minister of Economy, Trade and Industry to discuss expanding trade and economic ties further between the countries.

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