Thai, Belgian private sectors sign joint investment MOU Share on linkedin Share on facebook Share on twitter Share on email

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BANGKOK, March 22 – Crown Prince Philippe of Belgium presided at the signing of a memorandum of understanding (MoU) between the Thai and Belgian private sectors on joint investment in the Southeast Asian region.

Signed on Monday, the MoU is a springboard to increased bilateral cooperation among private companies of both countries in water treatment and manufacturing, information and technology on library and data collection, exports of food, drugs and health food products, and cement production.

The crown prince also met with senior officials of the Bangkok Metropolitan Administration (BMA) yesterday to discuss several issues including environment, city planning, public utilities, rail systems and sewage system. Belgian businessmen are keen on forming a joint venture with the BMA for the capital’s future infrastructure development.

Crown Prince Philippe, accompanied by Princess Mathilde, unveiled a commemorative banner for the Thai-Belgian bridge which has served Bangkok for the last two and a half decades.

The crown prince later visited the headquarters of Thai Airways International while Princess Mathilde visited outlying Nonthaburi province to observe a children’s protection and occupational development project at Ban Kred Trakarn.

Crown Prince Philippe, in his capacity as honorary chairman of the Belgian Foreign Trade Board, is leading the 200-member Belgian delegation to visit Thailand until today.