Health, elderly new targets for promotional investment

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BANGKOK, April 12 – Investment in health and elderly services will be promoted as one of Thailand’s 10 industrial sectors emphasised by the Board of Investment (BoI), the agency’s secretary general said today.

Udom Wongviwatchai said the move is to prepare the country for the next decade when its ageing population will grow swiftly.

New businesses relating to health, the elderly and urban people will emerge accordingly, he said, adding that the industrial sector has increased in Southeast Asia given the availability of innovative technology to take care of the elderly.

He said Thailand will emphasise health business promotion to be ready for the ASEAN Economic Community in the next two years when services, investments and labour forces will move freely in the region.

It will be a good opportunity for Thai investors to expand their services to neighbouring countries, he added.