The Team Finland network is organizing a Business Delegation visit to Thailand led by Minister for Foreign Trade and Development, Mr. Ville Tavio. The visit will serve as a highlight for the 70th anniversary celebrations of the Thai-Finnish diplomatic relations.
Thailand as an upper-middle-income country is in the epicentre of 700-million people strong ASEAN domestic market with a focus on its national Bio-Circular-Green strategy. Thailand is also starting to digitalize its industries and society, and is keen on to develop its innovation and start-up ecosystems.
This is an opportunity for the Finnish companies to exhibit their knowhow for the Thai Ministry of Industry and Thai companies interested in the most advanced Finnish solutions on circular economy, especially in following areas:
- Conversion of cellulose based agricultural and other waste, to value added bioproducts and bioenergy. Burning sugar, cassava and rice based agricultural waste is a major source for air-pollution in Thailand. In addition to authorities, large Thai conglomerates are looking for new solutions.
- Turning municipal solid waste to energy. Thai Government does not issue landfill licenses anymore, and hence the conversion of MSW industrial waste to fuel is seen as the solution. There have been environmental concerns with existing waste to energy projects in Thailand and Thai Ministry of Industry has invited Finnish companies to showcase our sustainable solutions.
- Electric vehicle battery recycling. Thailand has been one of the Top 10 car manufacturing countries in the past 30 years and is emerging to be an EV car manufacturing hub as well. More than ten EV battery factories are operating and under construction. Finnish expertise on this topic is in high demand in Thailand.
- Textile recycling. Thai textile industry, that has 2600 factories in value chain, is in transition, and there is a growing interest for textile recycling. This is true for especially pre-consumer and cut waste, as well as professional textiles e.g., from health, hospitality sectors. Several new innovations from Finland to make sustainable textile fibres and chemicals has been introduced to leading Thai textile companies and potential bio-products investors, and they are eager to hear more about Finnish mechanical and chemical recycling solutions.
- Solutions for industrial process water recycling. Due to lack of supply of industrial raw water during the dry season, some industries have needed to cut down their production. Some industries e.g., textile industry have started to invest for process water cleaning and recycling systems to meet growing sustainability requirements from their overseas OEM clients.
Participating companies have a possibility to meet with authorities and relevant public and private sector project owners and potential investors. This will take place in planned mini-seminars and meetings with relevant authorities, invitational sectoral dinners. Approximately half of the time will be reserved for tailor-made one-to-one meetings.
Team Finland Bangkok has strong connections with relevant local stakeholders in private and public sectors, due to existing Memorandum of Understandings on Circular Economy with Thai Ministry of Industry, Innovation MoU with National Innovation Agency and Digitalization MoU with Ministry of Digital Economy and Society.
Who should attend?
The visit is for Finnish companies and research organizations that have new innovations and export solutions for circular economy and related innovations, including waste to energy/value (municipal solid waste, biomass conversion), electrical vehicle batteries and their recycling solutions, textile recycling solutions and solutions for industrial process water recycling.
Practicalities & participation fee
To cover the expenses of arranging the business delegation program, Business Finland will charge a participation fee (Please note the reduced participation fee).
- Major Companies: 2100 EUR + 24% VAT per person
- Micro Businesses and SMEs: 1800 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. Kindly note that the participation fee does not include flights or accommodation of the delegate nor meals outside the delegation program.
