An industry council estimates the Apec Summit 2022 held in Bangkok last month will generate 500-600 billion baht in benefits for Thailand's economy over the next 3-5 years.
This economic value would stem from tourism, cross-border trade and foreign direct investment (FDI), Sanan Angubolkul, chairman of the Thai Chamber of Commerce, said at a press conference for the Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) yesterday.
The tourism sector, which includes soft power, Thai food and culture, would attract an extra 100,000-200,000 foreign tourist arrivals in the short term after they were inspired by news and information about Apec, said Mr Sanan.