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Thai investors concerned over travel time, while interested in East Java (Video)

Thai investors concerned over travel time, while interested in East Java (Video)

13 Sept 21:55 Key points summarised by AI
  • Thai business leaders express strong interest in East Java's vibrant economy, infrastructure, and large market potential across education, food, manufacturing, and agriculture sectors.
  • A significant deterrent to increased Thai investment is the absence of direct flights between Bangkok and Surabaya, which extends travel time to up to 9 hours.
  • East Java's provincial government is actively advocating for direct flights to Surabaya and offering more incentives to attract and foster the growing year-on-year Thai investment.
  • Both Thai and Indonesian governments are committed to revitalizing bilateral economic cooperation, anticipating continued pro-investment policies and regulatory reforms from Indonesia's future administration.
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