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Thai group postpones investor roadshow

Thai group postpones investor roadshow

THAILAND’S Board of Investment has indefinitely postponed an investment road show in Cambodia over safety concerns, according to the Bangkok Post.

The newspaper reported yesterday the organisation had planned to take Thai investors looking for opportunities in Cambodia on a tour later this month, quoting BoI secretary-general Atchaka Sibunruang.

“The road-show plan has to be indefinitely postponed because Thai investors were worried about their safety,” she said, citing border issues.

A large number of investors had earlier expressed interested in the trip, particularly in the garment industry, she added.

Yesterday, officials at the Council for Development of Cambodia and Thai Embassy in Phnom Penh said they had not heard about the visit.

Jiranun Wongmongkol, commercial counselor at the Thai Embassy, said: “Normally, if [Thai investors] want to look for opportunities to do business here they must to cooperate with me.” Other business groups’ plans are still set. A Thai trade fair is set to launch in the capital today.

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