Assam Attracts Thailand Investors

Guwahati: Empowered with a cornucopia of natural resources and bordering on neighbouring countries, the North Eastern Region (NER) has emerged as a focus point for investors. In a development of sort, Thailand is the first country in the East Asian region to understand the potential significance of sub-regional cooperation even as it is forging free trade areas at a frenetic pace with various countries. Thailand has emerged as a major investor in India as it is the third largest investor from the Association of South East Asian Nations (ASEAN) region after Singapore and Malaysia. Assam offers immense opportunities for economic engagement with Thailand and the areas for such cooperation and investment collaboration comprise power, oil and natural gas, tea industry marketing part and not production part, bio-fuels and of course tourism, horticulture and food processing. Thailand has unquestionable expertise in tourism as it attracts 11 million tourists a year and they seek to tie-up with that country and they also showed interests in promoting tourism and food processing sector.