UKTI urges NE companies to explore Thailand
North East businesses are being urged to tap into export growth in Thailand by UKTI.
Thailand has been designated as one of UKTI's high growth markets and, according to UKTI, UK exports of goods and services to Thailand topped £1.32bn in 2009.
Exports from the North East to Thailand have more than doubled in recent years from £12.6m in 2007 to £28.7m in the 12 months to the end of June 2011.
The trade advisory group is leading a North East delegation to Thailand between 24 and 31 March 2012, to enable companies to find out more about the market and meet potential customers.
UKTI's Geoff Charlesworth said: "The newly-elected Thai government plans to spend around £27bn on projects in transport, public health, water supply development, education and training and housing so there are a host of opportunities.
"Our priority sectors are advanced engineering, agriculture, education and training, environment, food and drink, railways and power but there are also opportunities in automotive sector, healthcare and pharmaceuticals, petrochemicals, renewable energy and tourism, sport and leisure."
