Lo: Hong Kong free trade area neededInvestors from Hong Kong aim to plough money into more than 100 projects in Thailand, notably in the government's ambitious Eastern Economic Corridor (EEC), says the Hong Kong Trade Development Council (HKTDC). Mr Lo also called on Thailand and Hong Kong to initiate an Asean-Hong Kong Free Trade area in order to boost economic cooperation. "We expect that the Asean-Hong Kong Free Trade Area will help underscore cooperation on trade and investment between Hong Kong and Thailand," he said. Mr Lo said two-way trade between Thailand and Hong Kong would significantly grow from US$16.7 billion (578.7 billion baht). According to the BoI, investors from Hong Kong invested 14 billion baht in the three provinces housing the EEC last year.

Source: Bangkok Post May 08, 2017 21:11 UTC