Thailand’s International Trade Promotion Department has urged Thai small and medium enterprises to get involved more in Myanmar’s economy as it opened its consultant center in Yangon, the country’s biggest city, recently, reported Thai newspaper The Nation.
Srirat Rastapana, the director-general of the department, called on Thai firms to invest more in the neighbouring country in here speech at the opening ceremony, says the report.
“There is room (in Myanmar’s economy) to grow for Thai businesses, especially SMEs, as Myanmar is close to Thailand,” Srirat said.
According to the official, the department targeted the 10 % increase of exports to fellow ASEAN nations, with higher target of 18% growth of exports to Myanmar.
The department is also offering courses for businessmen in Myanmar and organizing trade fairs in various corners of the countries.
Thailand is one of the largest investors in Myanmar, second only to China, and the second biggest trade partner.
source:myanmar update
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