We invite you to join the Team Finland visit to Thailand and Myanmar on September 30 – October 4, 2019 led by Ms. Nina Vaskunlahti, Under-Secretary of State for External Economic Relations, Ministry for Foreign Affairs of Finland.
Join the delegation to explore business opportunities in Smart Energy and Bio & Circular Economy. Both Thailand and Myanmar offer business opportunities especially in projects related to Biomass, Waste Management & Waste to Energy, Smart Grids, Air and Water. In Myanmar, there is also need for expertise in Sustainable Forestry.
Smart Energy Finland program will arrange additional business meetings for its member companies prior to the Team Finland visit on Thursday 26 September and Friday 27 September. If you are interested in participating in this part of the program, please indicate this in your registration.
In the past years, Thailand has made its regulatory framework lighter and is updating its economy with the ambitious Thailand 4.0 economic development plan, Eastern Economic Corridor (EEC) program, reforms in alternative energy, Smart Grid pilot projects and SmarCity initiatives. Last year, the country also made a leap upwards in the World Bank’s ‘ease of doing business’ survey and went from 48th in 2016 to 27th in November 2018.
Thailand is looking for ways to combine its economic growth without further damaging the environment. As an official part of the 4.0 development plan, the Ministry of Science and Technology recently launched the BCG Model (Bioeconomy, Circular Economy and Green Economy) as a driver for economic growth, and the new Power Development Plan continues to put high emphasis in promoting investments in Biomass and Waste to Energy projects.
Thailand has also made an ambitious commitment this year to reduce marine plastic debris by at least 50% by 2027, through means of circular economy, and the country is actively looking for new solutions for handling Municipal Solid Waste (MSW) in the future.
Due to decades of economic isolation and under-investment, there are plenty of needs and opportunities in Myanmar. Investments for infrastructure and new strict environmental regulations create plenty of opportunities for Finnish know-how and technology.
The government is undertaking a series of reforms in order to improve business regulation, ease participation of foreign companies and reduce red tape. New sectors have been opened to foreign companies, such as banking, insurance and wholesale. While the government resources are relatively scarce, there is considerable development financing to the country e.g. by the Asian Development Bank and the World Bank group.
The private sector in Myanmar has been traditionally dominated by a number of large companies, but a lot of new businesses are emerging.
To cover the expenses of arranging the visit program in Thailand and Myanmar, Business Finland will charge a participation fee:
- Micro Businesses and SMEs: 1450 EUR + 24% VAT per person
- Major Companies: 1700 EUR + 24% VAT per person
- Micro Businesses and SMEs: 2250 EUR + 24% VAT per person
- Major Companies: 2600 EUR + 24% VAT per person
Business Finland will invoice the participation fee after the visit based on the actual costs. The invoiced fee will not exceed the amounts mentioned above.