At the "Ignite Thailand-Korea Business Forum 2025" held in Seoul, Thailand extended a strong invitation to South Korea to invest in its next-generation industries. The Thai government highlighted the country’s economic stability, robust infrastructure, and skilled workforce. Particular focus was given to the electronics and electric vehicle sectors, which are rapidly expanding. With over 630,000 skilled workers and more than 3,000 companies in the electronics industry, Thailand aims to become a regional hub for smart electronics and EVs.
The Eastern Economic Corridor (EEC) was presented as a strategic area for investment in future industries such as advanced digital technology, medical innovation, and the green economy. Thailand also encouraged Korean investors to explore opportunities in the bio-based sector, which builds on Thailand’s strong agricultural foundation and is supported by clean energy initiatives and government incentives.
In terms of economic cooperation, Thailand reaffirmed its commitment to strengthening trade ties with South Korea, especially through the ongoing negotiations for a bilateral Economic Partnership Agreement (EPA), expected to conclude within the year. The agreement is seen as a key step toward enhancing competitiveness, fostering transparency, and creating a sustainable business environment for both nations.
Read more: Click!
May 28, 2025
