Kuwait wants to see more Thai businesses

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Yingluck Shinawatra during her visit to Kuwait in October 2012.

Kuwait wants to foster its economic ties with Thailand and is inviting more Thai companies to establish a foothold in the Gulf country.

According to Surasak Cheusukhonthip, the Thai ambassador in Kuwait, the Thai private sector, especially Italian-Thai Development, has expressed interest in entering bids that the government expects to call soon to build a new airport, railway and mass-transit systems, he told the Bangkok Post.

There is also a boom in medial tourists from Kuwait, reaching 60,000 visitors looking for treatment in Thailand in 2011.

Food and energy are also sectors where Thai companies could find favourable conditions in Kuwait. Surasak said Kuwait was interested in chicken meat from Saha Farm Company and in developing alternative energy technologies, such as solar.

Thailand’s prime minister Yingluck Shinawatra visited Kuwait from October 15 to 17, 2012, to attend the Asia Cooperation Dialogue held in Kuwait City. According to government figures, Thailand’s bilateral trade relations with Kuwait have improved, with a 185-per cent growth in trade and other domains over the last five years.

Yingluck said that potential areas of Thai interest in Kuwait include the agro-food industry, energy, jewelry, construction, tourism – with emphasis on medical tourism -, as well as finance, banking and the capital fund sector.

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Reading Time: 1 minute

Yingluck Shinawatra during her visit to Kuwait in October 2012.

Kuwait wants to foster its economic ties with Thailand and is inviting more Thai companies to establish a foothold in the Gulf country.

Reading Time: 1 minute

Yingluck Shinawatra during her visit to Kuwait in October 2012.

Kuwait wants to foster its economic ties with Thailand and is inviting more Thai companies to establish a foothold in the Gulf country.

According to Surasak Cheusukhonthip, the Thai ambassador in Kuwait, the Thai private sector, especially Italian-Thai Development, has expressed interest in entering bids that the government expects to call soon to build a new airport, railway and mass-transit systems, he told the Bangkok Post.

There is also a boom in medial tourists from Kuwait, reaching 60,000 visitors looking for treatment in Thailand in 2011.

Food and energy are also sectors where Thai companies could find favourable conditions in Kuwait. Surasak said Kuwait was interested in chicken meat from Saha Farm Company and in developing alternative energy technologies, such as solar.

Thailand’s prime minister Yingluck Shinawatra visited Kuwait from October 15 to 17, 2012, to attend the Asia Cooperation Dialogue held in Kuwait City. According to government figures, Thailand’s bilateral trade relations with Kuwait have improved, with a 185-per cent growth in trade and other domains over the last five years.

Yingluck said that potential areas of Thai interest in Kuwait include the agro-food industry, energy, jewelry, construction, tourism – with emphasis on medical tourism -, as well as finance, banking and the capital fund sector.

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