Thailand Seeks New Zealand Investment in Agri-Tech and Energy

Prachachat•Politics•4d ago

Reader Briefing

Thailand is pursuing proactive economic cooperation with New Zealand to attract investment in agricultural technology and clean energy.

•Deputy Prime Minister and Minister of Finance Ekniti Nitithandprapas visited New Zealand with Prime Minister and Minister of Interior Anutin Charnvirakul.
•Thailand aims to utilize New Zealand's expertise in agriculture, post-harvest technology, and food science to increase the value of Thai agricultural products.
•The Thai government is pushing for Thailand to become a regional distribution hub for New Zealand goods, specifically agricultural products and fresh fruit.

•Ekniti Nitithandprapas stated that the government prioritizes proactive economic relations to attract investment and increase national capacity.
•Ekniti Nitithandprapas noted that foreign investors are increasingly interested in Thailand as a market, production base, and regional connection point.
•Thai investors have already taken a 20% stake in the high-quality honey business Comvita and invested in leading hotel businesses in New Zealand.
•The Thai government is seeking cooperation in clean energy and modern technology to reduce costs and increase long-term energy security.
•Ekniti Nitithandprapas discussed with T&G Global the possibility of investing in a distribution center in Thailand, potentially linking with the Central Group.
•The Prime Minister of Thailand and the Prime Minister of New Zealand agreed to enhance cooperation via the Thailand-New Zealand Free Trade Agreement.
•The government is accelerating efforts for Thai Airways to reopen the direct flight route between Bangkok and Auckland.

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Ekniti Nitithandprapas(เอกนิติ นิติทัณฑ์ประภาศ)

Deputy Prime Minister and Minister of Finance of Thailand.

Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️

Prime Minister and Minister of Interior of Thailand.

New Zealand(นิวซีแลนด์)ℹ️

A country with expertise in agriculture and clean energy that is engaging in economic cooperation with Thailand.

Thailand(ไทย)ℹ️

A country seeking to attract investment and become a regional distribution hub for New Zealand products.

Bangkok(กรุงเทพฯ)ℹ️

A city in Thailand and a point for the proposed direct flight route to Auckland.

Auckland(โอ๊คแลนด์)ℹ️

A city in New Zealand and a point for the proposed direct flight route from Bangkok.

Comvita

A high-quality honey business in New Zealand in which Thai investors hold a 20% stake.

T&G Global

A company that discussed investing in a distribution center in Thailand.

Central Group(กลุ่มเซ็นทรัล)ℹ️

A major importer in Thailand mentioned as a potential business link for T&G Global.

Thai Airways(การบินไทย)ℹ️

The airline being encouraged to reopen direct flights between Bangkok and Auckland.

Thailand-New Zealand Free Trade Agreement(กรอบความตกลงการค้าเสรีไทย-นิวซีแลนด์)

A trade framework used to enhance cooperation between Thailand and New Zealand.