The Belt and Road Initiative in ASEAN - Thailand
HKUST IEMS Reports No. 2021-06
The study aims to provide insights into the political, institutional, and environmental factors that affect the design and implementation of Belt and Road Initiative (BRI) projects in Thailand, the potential for BRI investments to spur private investment and other foreign direct investment (FDI) opportunities, and any potential role for the Hong Kong SAR.
The Thai Government has sophisticated multilevel planning and developmental strategies to improve the domestic economy and enhance the country’s regional and global competitiveness. Domestic development policies intertwine with international initiatives such as the BRI. Thailand is an appealing FDI destination for mainland Chinese investors operating in traditional and innovative economic sectors, but they need to compete with other foreign investors.
UOB Hong Kong collaborated with the Institute (Albert Park, Angela Tritto, and Dini Sejko) from 2018 to 2020 to conduct a research project titled “the Belt and Road Initiative in ASEAN”. It covers six emerging markets in ASEAN, including Indonesia, Malaysia, Myanmar, the Philippines, Thailand and Vietnam. It aims to provide insights into the political, institutional, and environmental factors that affect the success of the Belt and Road Initiative projects in these markets and the potential for foreign direct investment opportunities.
Find out more about The Belt and Road Initiative in ASEAN - Thailand here.