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Business Development Dept, Board of Trade to help four priority sectors reap EEC benefits

Business Development Dept, Board of Trade to help four priority sectors reap EEC benefits

MONDAY, June 26, 2017

The Business Development Department has joined forces with the Board of Trade of Thailand to support 30 trade associations in drawing up strategies for driving business growth

The initial focus will be on four priority businesses: tourism, lifestyle, logistics and property development.
Bangjongjitt Angsusingh, director-general of the department, said on Monday that the strategies to develop the four priority businesses would emphasise the encouragement of business operators to reap benefits from the Eastern Economic Corridor (EEC), as those sectors had greater opportunities to expand and grow along with the development of the EEC. 
After developing those four businesses, the department and trade associations will expand their collaboration to develop others kinds of business in the future, she added.
Under the plan, enterprises from 30 trade associations will be coached to do business in a more professional way, while also being encouraged to link their operations with other businesses to reap the maximum benefit from the EEC in terms of penetrating neighbouring countries and broader overseas markets, she explained.
Moreover, to promote business growth, the department in September will run an annual competition for outstanding trade associations for the fifth consecutive year to promote business development and the work of such associations.
Since 2013, 36 trade bodies have received outstanding trade-association awards in the competition. 
Some 2,810 trade associations are registered in the Kingdom.