UK-ASEAN BUSINESS COUNCIL IN RESEARCH AGREEMENT WITH OXFORD BUSINESS GROUP FOR THAILAND REPORT

General Press Releases Monday November 13, 2017 14:52
Bangkok--13 Nov--TQPR
Forthcoming publication to highlight infrastructural development openings

Opportunities for foreign investors emerging from Thailand's 4.0 strategy and planned infrastructural developments will be mapped out in a forthcoming report on the country by the global research and consultancy firm Oxford Business group (OBG).

The Report: Thailand 2018 will highlight the country's efforts to tap investment for a raft of expansion projects ranging from electrical power and telecoms to renewable energy. It will also look at attempts to attract investement in advanced manufacturing, while considering the part that Thailand can play as a gateway for investors eyeing the ASEAN and Asia-Pacific markets.

OBG's work will be aided by a new agreement with the UK-ASEAN Business Council (UKABC), which has become an official research partner on the firm's regional country reports.

As part of the memorandum of understanding, the UKABC will contribute to several of OBG's publications, including its report on Thailand, which is due to be published in the coming months. UK is Thailand's second largest trading partner in Europe and British companies operate across the Thai economy.

Ross Hunter, executive director, UKABC, said he was delighted that the council had signed an agreement with OBG. ""Oxford Business Group's economic intelligence is a fantastic tool for the UKABC to use and for UK companies looking at ASEAN's emerging markets, including Thailand, which is considered an important partner of the UK,"" he said.

Hunter noted that all the talk of Brexit had somewhat overshadowed the fact that this was ""Asia's Century"".

""ASEAN is Asia's third-largest economy and pivotal to its continued, sustainable growth,"" he said. ""Our role, now supported by OBG's research and intelligence, is to help UK companies position themselves to be its partner of choice.""

OBG's regional editor for Asia, Patrick Cooke, said he was thrilled to be teaming up with the UKABC at a time when investor interest in the region had never been greater.

""Thailand is well placed to build on the industrial development that it has undergone in recent decades, with emerging industries, major initiatives, such as the Eastern Economic Corridor and increased spending on infrastructure all pointing to a bright outlook,"" he said. ""Oxford Business Group has a keen interest in working with organisations that are playing an active part in local and regional trade development. I'm thrilled that our team and, in turn, our readers, will benefit from the UK-ASEAN Business Council's expertise and position as a driver of change at this critical time in UK-ASEAN trade relations.""

The Report: Thailand 2018 will be a vital guide to the many facets of the country, including its macroeconomics, infrastructure, banking and other sectoral developments. The publication will also contain contributions from leading representatives. It will be available in print and online.


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