"The newly restructured BoI must serve new-generation industries, especially the 10 targeted industries, as Thailand needs a new working model to stimulate investment," said Mr Somkid. Mr Somkid has also ordered the BoI to hold more roadshows, especially in the target markets of Hong Kong, Singapore and Taiwan, to attract investors to Thailand. Mr Somkid also wants the BoI to hold another roadshow is South Korea, where there are several high-tech industries seeking to expand in Thailand and Asean. "Thailand needs to invite investors involved in several high technology sectors, including automotive, aviation and digital," said Mr Somkid. The department will include a new unit to help promote and attract more investment in both high-tech and the 10 targeted industries.

Source: Bangkok Post September 21, 2016 23:48 UTC