Spotlight on R&D in Japan
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Spotlight on R&D in Japan

The government will hold a roadshow in Japan from Nov 25-28 in a bid to persuade giant Japanese corporations already invested here to expand their investment further, says Industry Minister Atchaka Sibunruang.

Deputy Prime Minister Somkid Jatusripitak will present the roadshow, accompanied by the industry, commerce and science and technology ministers.

"We plan to meet several big Japanese firms in many sectors such as banks, electronics and automotive. Most of them have already invested and are well-known in Thailand such as Bridgestone, Denso and Mitsubishi," Mrs Atchaka said.

"However, we want them to move forward their investment expansion here."

She said the government wants big Japanese firms to invest more on research and development to enhance the efficiency of Thai industries in the future.

During the roadshow, the Thai government will elaborate on its policy to promote investment via super clusters, which will see greater investment privileges.

The super cluster project calls for the government to promote six clusters initially -- automobiles and auto parts, petrochemicals, food processing, fashion, electronic appliances and digital. The Industry Ministry will propose adding more sectors later, including robotics and aviation, which have high potential to grow, said Mrs Atchaka.

Thailand has a geographical advantage being located at the centre of Asean, which would support the country becoming an aviation hub, she said.

Industry deputy permanent secretary Udom Wongviwatchai said the two new cluster proposals to the cabinet -- robotics and aviation -- are value-added industries.

"For aviation, the government is mulling over a plan to set up a hub in three possible areas: Chiang Rai, Chon Buri and Nakhon Ratchasima," he said.

Government support to promote investment in the robotic industry should help improve technology in several sectors as they switch to use high-tech robots in their operations, boosting their efficiency.

During the roadshow, a memorandum of understanding is scheduled between the Thai Industry Ministry and Japan to boost trade and investment between the two countries.

The Finance Ministry also plans to issue more stimulus measures to support investment in the six super clusters.

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