BANGKOK, 8 September 2014 – The Board of Investment of Thailand (BOI) has unveiled its in-depth investment data and research of African and South American countries with an aim to promote Thai businesses to select them as their manufacturing hubs.
Udom Wongwiwatchai, the secretary-general of BOI, said that the BOI has conducted research covering four countries namely Kenya, Ghana, Tanzania and Peru.
Kenya has relatively good infrastructure, including ports and airports connecting to neighboring countries. It sees the highest growth rate compared to other East African countries. The BOI considers that it is good opportunity for Thai entrepreneurs to do business in agricultural products, processing food and gems.
Tanzania has abundant natural resources, especially natural gas, gold, diamond, and coal. Its government invites foreign investors to invest in infrastructure project, for example, rails, ports and power plants.
Ghana is a trade hub of the Western Africa and its government is interested in attracting more foreign direct investment. Since the country has vast agricultural lands, Thai investors are encouraged to invest in crops, livestock, animal feeds and seafood products.
Peru is a center of products distribution to the Southern American countries. In addition, it has plenty of natural resources comprising gold, mines and petroleum.
