Loading...
imgToBackground
breadcrumbs
Events > Meet the Experts: Thailand and Indonesia
header-txt

Meet the Experts: Thailand and Indonesia

 

row-start col-md-7 #top-section top-section #about-section no-pad-bottom-section

Join DIT North East and representatives from the British Chambers of Commerce in Indonesia and Thailand for a session of one to one meeting’s. This is the ideal opportunity to meet with in-market representatives, Chris Wren (22 years in Indonesia) and Greg Watkins (27 years in Thailand) and discuss opportunities specific to your business.

Both BritCham’s in Indonesia and Thailand offer an extensive range of Business Services Support (BSS) for British companies seeking to enter or expand their businesses in these huge markets. BSS can take the form of an initial free-of-charge consultation to full market entry including direct contact with potential customers and in-country representation.

Please note this event only includes one to one appointments no presentations will be taking place. The appointments are aimed at North East based businesses interested in trading internationally or wanting to learn more about the service Department for International Trade North East (formerly UKTI North East) provides. Please register by clicking on the link below - Your 1:2:1 appointment will be emailed to you prior to the day. You may be contacted prior to the event to assess eligibility. 

 

Get More Active in INDONESIA – The Only One Trillion Dollar ASEAN Economy

 

Indonesia has been monitoring the progress in Britain during the process of Brexit closely as it provided a stepping stone in beginning a new initiative to strengthen bilateral ties between the two countries. The United Kingdom, being Indonesia’s fourth largest trade partner in Europe, is welcomed with an open door as it is in Indonesia’s agenda to boost the value of bilateral trade from US$2.5 billion annually to around $6 billion. Indonesia has made it to the list of top 21 countries with the fastest growing economy, ranking 5th with an expected GDP of USD $5.42 trillion in 2030. It has proved itself to be the strongest economy in South East Asia by its impressive recovery after the 1997 financial crisis with the country’s GDP per capita steadily rising, from $807 in the year 2000 to $3,877 in 2018 (The World Bank).

 

British Chamber of Commerce in Indonesia would like to invite UK companies to take a look into the many business opportunities that are available in Indonesia. British companies have an aray of great products and services, however few are aware of how to access this exciting one trillion dollar economy.

 

There are many opportunities for British companies across the Indonesian economy, including but by no means limited to: ICT: digital infrastructure, e-commerce, e-government, transport technology, cyber security & data centres; transport/infrastructure; agri-business & food/drink; retail & consumer goods; power & renewable energy; education & skills development; engineering – electronics, automotive, petrochemicals & machinery; pharmaceutical & healthcare; waste management; education. With the recent announcement of Indonesia’s latest presidential election winner, Joko Widodo has announced his plan for the second term where he has decided to focus his efforts on improving the human resource quality through education and pushing through with economic development through infrastructure. This plan is  in line with Britcham Indonesia’s own interest pillars of support for regional smart city development, in particular (plastic) waste management. 

 

Indonesia’s next stage of economic development is defined by its ‘Industry 4.0’ Roadmap, commiting to the theory that the increase of infrastructure investments will lead to accelerated economic growth. This Roadmap model is based on the recent rapid advancements in Indonesia’s information and communication technology further strengthening the implimentation of this plan. The Industry 4.0 Roadmap, formulated within the presidency of Joko Widodo, is marked by the increasing connectivity, interaction, as well as more convergent people, machines and other resources.

 

THAILAND – UK’s fastest growing export market in South East Asia

UK exports to Thailand increased by 20% in 2018 compared to an average of 5% for the whole of South East Asia and 2.7% globally. The split of goods to services exports was 70/30 compared to 50/50 globally. There are 235,500 SME and large corporate exporters in UK. However, only 5,213 British companies exported to Thailand in 2018. BCCT would like to encourage other UK companies to take up the many business opportunities that are offered by Thailand which is now ranked 27th of 190 economies in the World Bank’s Annual Ease of Doing Business survey. In terms of Thailand’s imports, UK’s share is less than 1% compared to Germany at 2.5% and France at 1.8%. The UK is the 23rd largest foreign investor in Thailand. British businesses have some great products and services that are well-respected in the Thai market but we under-perform in Thailand compared to our competitors.

 

There are many opportunities for British companies across the Thai economy, including but by no means limited to: ICT: digital infrastructure, e-commerce, e-government, transport technology, cyber security & data centres; transport/infrastructure; agri-business & food/drink; retail & consumer goods; power & renewable energy; education & skills development; engineering – electronics, automotive, petrochemicals & machinery; pharmaceutical & healthcare.

 

Thailand is focusing on the next stage of its economic development with Thailand 4.0, an economic model based on innovation and technology. Foreign investment is supported by the Thailand Board of Investment – www.boi.go.th – with a wide range of incentives. In addition, new growth hubs are being developed starting with the Eastern Economic Corridor (EEC) – www.eeco.or.th - which covering an area of 13,000 square kilometers. The EEC project brings numerous added incentives and benefits for foreign companies and focuses on the following S-Curve sectors/industries: next generation automotive; intelligent electronics; advanced agriculture & biotechnology; food processing, high wealth & medical tourism; digital; robotics; aviation & logistics; comprehensive healthcare; biofuel & biochemical; defence; and education.
 

Register

row-end col-sm-12 col-md-5
row-start col-md-7 #venue-section

Venue

Commerce House
1 Exchange Square

Middlesbrough
TS1 1DW