Bangkok is accelerating its efforts to become a global hub, spearhead by the Bangkok Metropolitan Administration (BMA). The administration hopes to rally government support to further this vision. The Bangkok Governor, Chadchart Sittipunt, recently announced the plan to bring BMA’s policy in stricter alignment with government measures, all in a bid to stimulate the city’s economy and foster job creation.
In a news conference, Chadchart emphasized the significance of cities as prime territories for employment. He remarked, “People reside in urban areas largely because of employment opportunities. Bringing international corporations to Bangkok is of paramount importance to create jobs. The infiltration of top-tier companies will naturally spawn more employment opportunities. This development will have a ripple effect positively impacting property owners, taxi service providers, restaurant owners, and even farmers.”
The 57-year-old city leader elaborated on BMA’s ongoing engagements with foreign investors, global business representatives, and expats to better cater to their needs and allay their concerns – a testament to BMA’s commitment to its investor community. He also revealed BMA’s ambitious blueprint to set up a comprehensive one-stop service center hub – a convenient facility for the benefit of foreign investors and film crews. “Working together with the government on our potential to pull in foreign revenue is something I am enthusiastic about,” said Chadchart.
In concert with the Board of Investment (BoI), the BMA is formulating promotional strategies for this initiative. Chadchart highlighted the shift in foreign investment landscape from industrial sectors to firms dealing with service, finance, startup, and innovative sectors – a shift that gives Bangkok the competitive edge. He explained, “Bangkok, as it stands, is a highly enticing living destination. Many aspects contribute to this appeal – affordable office spaces, international educational institutions, hospitals equipped to cater to the staff of global companies, and so forth.”
Further, Chadchart expressed his intent to hold deliberations on a host of topics – traffic congestion issues, investments in new rail routes, and the proposed 20-baht fare cap, with the nascent government. Stay tuned to The Thaiger’s latest stories and updates on our new Facebook page HERE.”