UOB attracts Asian enterprises organizing ‘Belt and Road Opportunities in Thailand’ forum
United Overseas Bank (UOB) Thailand, led by Mr. Tan Choon Hin, Chief Executive Officer, recently organised the “Belt and Road Opportunities, Thailand” forum to share how Thailand and other ASEAN countries can play a role in the Belt & Road initiative, the opportunities and challenges of business investment as well as the prospects for expanding businesses. The event was well received by over 200 customers and business partners from 11 countries.
A series of “Belt and Road Opportunities” forum were organized by UOB’s FDI Advisory Unit in many locations including Indonesia, Malaysia, Singapore and Thailand. UOB’s FDI Advisory Unit has been able to provide seamless support to its clients investing in Thailand. The unit connects clients with inter-and intra-regional opportunities and works closely with government agencies, trade and industry associations and professional service providers to promote regional connectivity in the areas of trade, finance and logistics. In the first three months of 2017, United Overseas Bank (UOB)’s Foreign Direct Investment (FDI) Advisory Unit has facilitated more than THB 2.7 billion of Chinese investment in Thailand, which is over 40 per cent higher than the business flows which UOB facilitated in 2016. This is indicative of a strong investor interest in Thailand from Chinese companies expanding overseas.