Thailand Eyes New Markets in Uzbekistan
Thursday 23 April 2015
BANGKOK (NNT) – The Board of Investment of Thailand has urged Thai operators to consider doing businesses in new markets in Uzbekistan where trade opportunities remain plentiful.
The BOI said Uzbekistan had potential for investment growth thanks to richness of natural resources, raw materials, labour and availability of Generalized System of Preferences (GSP). The country, the third biggest nation of Commonwealth of Independent States, is deemed tempting to entrepreneurs interested in agricultural or mining industries thanks to the country’s abundance of natural resources.
Thailand’s main export commodities to Uzbekistan are plastic, textile, wheat and other processed foodstuffs, cosmetics, soap. Thailand’s main import commodities are textile thread (cotton), machinery and parts, rubber products.
BOI helps businessmen to set up an operation in Thailand which operates under the Prime Minister’s Office and is the principal government agency for encouraging investment. The BOI is available to assist you in numerous ways, such enhancing competitiveness and investment facilitation or providing business support services. The BOI also acts as Thailand’s marketing arm and actively promotes the country worldwide as one of the investment locations in Asia.