Issue 31
The DITP is planning to promote trade with Thailand’s major neighbouring cities next year in preparation for the AEC, following a study of the Boten-Bohan border economic zone between Laos and China.
The DITP revealed that exports from Thailand to CLMV (Cambodia, Laos, Myanmar and Vietnam) markets are projected to reach US$7.1 billion in 2015, representing a growth of 8.8%. Trade to Vietnam and Cambodia is expected to expand significantly by 16.7% and 12.1%, respectively.
“Three product categories that Thailand will be promoting are: plastic products and plastic housewares which is expected to grow by 30% due to the growing economy; beverages which is expected to grow by 5% due to urbanisation and the higher purchasing power of the middle class; and construction materials which is expected to grow by 10% as the construction industry is in great demand,” said DITP Director-General Nuntawan Sakuntanaga.
In addition, DITP has plans to increase activities in the Boten-Bohan border economic zone to further promote trade from Thailand to the Chinese border.
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