
A Memorandum of Cooperation (MOC) signed today in Bangkok between the Thailand Board of Investment (BOI) and the Japan External Trade Organization (JETRO) will help to further promote investment from Japanese companies in Thailand and the development of more resilient supply chains in industry sectors including Bio-Circular-Green (BCG) activities, according to the BOI.
“We believe that this MOC capitalizing on the broad convergence existing between Japan’s Green Growth Strategy and Thailand’s BCG agenda will ensure a significant increase in investments by Japanese companies in Thailand’s BCG sectors. Thailand’s ample supply of bio-based raw materials, and its strong human resources, research capability, infrastructure and logistics make it the right location in this region for such investments,” BOI Secretary General Ms. Duangjai Asawachintachit said after the signing ceremony.