To promote Thai investment abroad, all sectors must help one another boost competitiveness. However, it is necessary to invest in what that country needs, which will help strengthen the Thai business sector.

The Office of the Board of Investment (BOI) has cooperated with the Fiscal Policy Research Institute Foundation to organize a training program on "Creating Thai Investors in Foreign Countries" being held from April 27 to September 7, 2019.

The opening of the training program was presided over by BOI Deputy Secretary General Chokdee Kaewsaeng. He told the participants that all governments have placed importance on the policy to promote Thai business investment in foreign countries, because it enhances Thailand’s competitiveness and business development, and generates income for the country.

Many countries don’t encourage Thailand to invest in their countries but will exchange their experiences and investment promotion policies which is cause for concern. 

So, Thailand must develop technology, upgrade investment standards and invest in what that country lacks or needs. 

Most importantly, the government and the private sector must jointly support investment, study foreign countries’ investment promotion models and allow all companies to make investments so that they can draw on their challenges, obstacles and experiences in investment, to develop and strengthen the Thai business sector and help create sustainability while increasing the value of the business.