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Bangkok governor wants the city to become “international business hub”

Flickr/Roberto Trombetta

The governor of Bangkok has ambitious hopes of turning the Thai capital into a hub for international business. Chadchart Sittipunt says transforming Bangkok into a foreign business hub can only benefit everyone, through job creation and income generation.

He says he will discuss strategy with PM Srettha Thavisin’s administration. The governor’s vision includes making Bangkok a centre for the international film industry, in addition to addressing traffic management, congestion, BTS fares, and the debt burdens of residents.

“One of the crucial policies that requires attention and is in line with the government’s policy is to make Bangkok a centre for international firms. The economy is what shapes the city, generating income and attracting a labour force. Hence, getting international companies to set up bases here will be beneficial for everyone, from the hospitality sector to taxi drivers, restaurants, farmers and more.”

According to the report, Chadchart has also pointed to the evolving nature of investment, which continues to move away from industrial sectors, gravitating towards the service sector, financial services, and start-up and innovation businesses.

The governor says City Hall will work with both the government and the Board of Investment, and is currently in talks with foreign chambers of commerce and foreign investors.

“We plan to create a One-Stop Service centre to streamline the investment process, including the creation of a film office. We need to discuss this possibility with the government. Bangkok is currently viewed as a very livable city, with several factors favouring it, like affordable office spaces, international schools, and hospitals capable of supporting personnel from international companies. This is a golden opportunity for Bangkok’s economic growth.”

SOURCE: Nation Thailand

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