Taiwan-Thailand investment forum held to promote exchanges

Bangkok, April 26 (CNA) A Taiwan-Thailand investment forum was held Tuesday in Bangkok, in an effort to promote investment exchanges between the two countries.

Organized by Taiwan's Ministry of Economic Affairs, the forum was attended by officials and business representatives from both sides.

The Taiwanese delegation to the forum consisted of representatives from the automobile parts, green energy and construction sectors, said Lien Yu-ping, director-general of the ministry's Department of Investment Services.

In addition to the forum, the delegates also had the opportunity to have one-on-one meetings with their Thai counterparts to explore business opportunities, Lien said.

Pornchai Tarkulwaranont, vice minister of Thailand's Industry Ministry, said that now is a good time to invest in his country.

Thailand, a hub for the northern part of the Association of Southeast Asian Nations (ASEAN) region, has comprehensive infrastructure and a thriving automobile and motorcycle industry, he said at the forum.

Taiwan is the third-largest foreign investor in Thailand, with the presence of more than 5,000 Taiwanese companies covering almost every field.

With the establishment of the ASEAN Economic Community (AEC), ASEAN has the world's third-largest population, with over 630 million people. (By Liu Te-chang and Elaine Hou)