The Secretary for Commerce and Economic Development, Mr Edward Yau, and a delegation comprising business people, professionals and start-up representatives began their visit in Bangkok, Thailand, today (November 27), meeting trade and commerce officials, getting updates on Thailand's investment opportunities and engaging in a business networking event aimed at forging closer collaboration.

     Upon arrival in Bangkok from Kuala Lumpur, Malaysia, after a two-day visit there, Mr Yau and the delegation met with the Deputy Minister of Commerce of Thailand, Mr Weerasak Wangsupakitkosol, to learn about the latest economic developments of the country and promote the various unique advantages that Hong Kong can offer as an ideal partner for Thai businesses.

     Mr Yau said that Hong Kong enterprises and professionals are interested in assisting the Thai Government in its active pursuance of various infrastructure projects. The Belt and Road Initiative offers ample opportunities for mutual co-operation and collaboration for both sides, he said, adding that Hong Kong has played a pivotal role in the Initiative. Riding on the various unique advantages as an international financial centre and the rich pool of professionals operating under international standards and practices, Hong Kong is best placed to be the platform for providing the whole spectrum of professional services as well as in facilitating capital flows and project financing, he said.

     Thailand was the third largest trading partner of Hong Kong in merchandise trade among all Association of Southeast Asian Nations member states in 2018, with the total value of merchandise trade amounting to US$19.5 billion.

     Mr Yau and the delegation also attended a briefing jointly organised by the Department of International Trade Promotion of Thailand and a professional services firm on Thailand's infrastructure market opportunities and its start-up scene.

     Mr Yau will attend a business networking dinner this evening with the Hong Kong business community in Thailand. He will continue his visit programme in Bangkok tomorrow (November 28).

Ends/Wednesday, November 27, 2019
Issued at HKT 17:54

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