14 October 2024

Japan Welcomed by Srettha for Collaboration in Boosting Thailand’s Digital Economy and Auto Industry

2 min read

Prime Minister Srettha Thavisin extended an invitation to Japan’s prominent companies, urging their involvement in Thailand’s digital economy and automotive sector development.

During a bilateral meeting in Tokyo, Srettha and Japanese Prime Minister Fumio Kishida discussed potential collaboration in advancing Thailand’s digital economy and automotive industry. They agreed to explore initiating discussions on the next-generation automobile industry to address energy-related concerns and climate change issues.

Reports from Kyodo News outlined Kishida’s proposal to establish a framework for dialogue during their meeting at the Japan-ASEAN special summit, commemorating 50 years of regional friendship. One of the key agenda items was decarbonization, emphasizing the need for strategic dialogues.

The proposed dialogue aims to uphold Thailand’s industrial competitiveness, particularly in the production and exportation of next-gen vehicles, including electric cars. Srettha emphasized Thailand’s commitment to supporting endeavors by Japanese automotive companies in the country, a vital manufacturing base for these companies.

In an announcement, Srettha affirmed discussions with high-level officials from seven leading Japanese auto manufacturers. He expressed Thailand’s readiness to assist in the transition to the electric car industry. Additionally, Srettha highlighted Thailand’s interest in collaborating with Japan on soft power initiatives, drawing inspiration from Japan’s OVOP movement, which mirrors Thailand’s OTOP project.

Srettha also extended an invitation to Japanese firms to participate in Thailand’s digital economy development.

At the Japan-ASEAN summit, leaders ratified a joint vision statement, vowing to create a new initiative for the Southeast Asian automotive industry. This initiative aims to reinforce collaboration in promoting energy transition and low-carbon technologies across the region.