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The Tourism Authority of Thailand revealed that all this economic activity would give a further boost to Chinese visitor arrivals to Thailand The Tourism Authority of Thailand revealed that all this economic activity would give a further boost to Chinese visitor arrivals to Thailand

BRI to Boost Tourism and Trade with Thailand

The Thai tourism industry will be a major beneficiary of China’s Belt and Road Initiative (BRI) as the Royal Thai Government moves rapidly to take advantage of the increased investment and trade opportunities it will create, not just within Thailand but across the ASEAN and ACMECS regions.

Addressing the Thailand-China Business Forum 2018 on August 24, Somkid Jatusripitak, deputy prime minister, said that the kingdom’s strategic location at the heart of ASEAN, its long-standing trade and economic cooperation with China and other regional countries, as well as its growing multi-modal transport linkages are all great competitive advantages which present enormous opportunities to Chinese investors.

Jatusripitak said the Thai government has developed several infrastructure projects and special initiatives to serve as an incubator hub for start-ups and human resource development in targeted industries.