THAI ENVOY EYES INVESTMENTS IN CLARK

BY KEVIN GALANG

CLARK FREEPORT – Thailand Ambassador Tull Traisorat has highlighted this Freeport as a prime location for expanding trade and investment relations between Thailand and the Philippines.

During his visit to the Clark Visitors Center on August 20, Thai Ambassador Traisorat, after a presentation by CDC president, attorney Agnes VST Devanadera, expressed optimism about collaborating on air connectivity, hospitality, and renewable energy.

“I’ve seen from the CDC presentation a lot of opportunities that we could work together in enhancing trade and investment between Thailand and the Philippines,” Traisorat said.

The ambassador emphasized Clark’s strategic advantages, noting its freeport zone status and expanding air connectivity with Bangkok and other cities.

“I see a lot of opportunities here that you’ve been promoting as a freeport zone and an airport. I would like to see more air connectivity between Clark and Bangkok, and to some other cities as well,” the Thai envoy said.

He mentioned that Thailand and the Philippines could benefit from connecting Clark to U-Tapao, particularly because both locations are strategically positioned for industrial, high tech, and tourist development. Furthermore, he highlighted the potential for air connectivity between Clark and U-Tapao, noting that U-Tapao’s proximity to the Eastern Economic Corridor, a special economic zone, and Pattaya, a major tourist destination, could create opportunities for collaboration and growth.

Ambassador Traisorat also mentioned the potential for Thai companies to grow their presence in Clark, particularly in food, hospitality, banking and finance, and medical services.

Additionally, he proposed a collaborative effort between Clark and Thailand to share best practices in freeport zones, Meetings, Incentives, Conferences, and Exhibitions (MICE), and other mutual interests, including sharing clients.

The Ambassador also noted infrastructure projects, such as the elevated railway being constructed by Italian-Thai Development (ITD) between Clark and Malolos, as key areas for potential collaboration.

He reaffirmed his commitment to strengthening ties between Thailand and the Philippines and plans to bring a business delegation to Clark to explore further opportunities.

The Thai delegation’s visit to Clark is part of their activities in commemorating the 75th anniversary of Thailand-Philippines diplomatic relations.