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Learn About Thailand Board of Investment (BOI) Bio-Circular-Green Economy Webinar

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25 Jun 2024

On 18 June 2024, SweCham had the valuable opportunity to participate in an insightful webinar hosted by the Thailand Board of Investments (BOI) on ‘Doing Business in Thailand: Opportunities in the Bio-Circular-Green Economy’.

The event commenced with inspiring opening remarks from Ambassador Arunrung Phothong Humphreys of The Royal Thai Embassy in Stockholm, followed by insightful contributions from Mr. Mats Gerlam, Investment Promotion Consultant at BOI.

Following this, Mr. Thumrong Ampornratana, Bio and Medical Industries, Board of Investment (BOI) of Thailand delivered an interesting presentation on the BCG Model, providing deep insights into Thailand's sustainable development initiatives, especially the country's strategic vision to achieve carbon neutrality by 2050 and net-zero GHG emissions by 2065.  Meanwhile, with a clear vision, the BOI is positioned to make a transformative impact by driving the Thai economy into the 'New Economy,' marked by innovative, competitive, and inclusive growth.

Dr. Savanit Boonyasuway, BCG Model Committee, The Federation of Thai Industries, highlighted Thailand's ambitious goal to become a premier global industrial hub and lead the way in sustainability for ASEAN, especially across vital sectors such as Food and Agriculture, Medical and Wellness, Bioenergy, Biomaterials and Biochemicals, and Tourism and the Circular Economy.  There are vast Thai and Nordic collaboration opportunities.

Before the engaging discussion, the webinar included a valuable presentation by Mr. Kalle Riihinen, Chief Operating Officer of the Nordic Bio product group, offering profound insights into its evolution, challenges, and transforming low-value agricultural residues into high-impact and high-value solutions.  Mr. Dmytro Triaskin, MD of Peikko Southeast Asia, followed with an insightful presentation on innovative construction methodologies for the energy sector and emphasised how these approaches make the building industry faster, safer, and more sustainable.

The Bio-Circular-Green Economy initiative exemplifies a forward-thinking collaboration between Thailand and the Nordics.  This partnership could introduce new opportunities for investment and take a step towards a greener, more inventive future!

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