The World Chinese Entrepreneurs Convention will be taking place in Thailand this year. Related private firms and Thai authorities expect this meeting to yield no less than 10 billion baht worth of additional investments in Thailand.
Thailand will be hosting the 16th World Chinese Entrepreneurs Convention (WCEC) on 24-26 June at Queen Sirikit National Convention Center in Bangkok. The organizers are the Thai-Chinese Chamber of Commerce and related agencies.
The upcoming convention will be the first-ever WCEC held in 4 years, following the outbreak of the coronavirus.
10 billion baht worth of additional investments
Minister of Commerce Jurin Laksanawisit said this convention will help improve the cooperation on trade and investment, with deals resulting in a total of at least 10 billion baht worth of additional investments expected from this convention.
The Thai-Chinese Chamber of Commerce has already invited major trade organizations around the world, major Chinese businesses, and Thai firms to participate in this convention.
4000 attendees expected to arrive in Thailand
Around 4,000 people are expected to arrive in Thailand for this convention, resulting in an event-related cash flow of no less than 500 million baht.
China is Thailand’s number one trade partner, with the trade value between both countries in 2022 recorded at 2.69 trillion baht, a 1.53% year-on-year growth. This trade value amounts to 17.9% of all trade between Thailand and other countries.
Source : Thailand Business News
March 23, 2023
