Member Article

Lord Green hunts Southeast Asian opportunities

Lord Green is in Southeast Asia to promote high-value opportunities for British businesses.

The Trade & Investment Minister will meet leaders and business figures across Jakarta, Kuala Lumpur, Singapore, Phnom Penh, Ho Chi Minh City, Hanoi, Bangkok, Rangoon and Naypyidaw.

As a key emerging economy, Southeast Asia’s economy is predicted to grow by 5-5.5% this year, and while that is lower than China or India, it is significant. Top exports to the Association of Southeast Asian Nations’ countries are cars, engines and whisky.

On his visit, Lord Green will meet Cambodian Prime Minister, Hun Sen; Vietnamese Prime Minister Nguyen Tan Dung; and Burmese opposition leader Aung San Suu Kyi. He will also open the UK Innovation Forum in Singapore.

Lord Green commented: Southeast Asia presents an enormous opportunity for UK goods and services. Through our global network, UKTI is able to give UK businesses intensive support to access high value opportunities, from large scale projects worth billions of pounds through to substantial supply chain opportunities.“

“We are significantly enhancing the support available for British business here in Southeast Asia. We have signed agreements with the British Chamber of Commerce in Singapore with signings planned for Malaysia, Indonesia and Thailand that will see them providing a wider range of the services British companies need to do business here.”

“This work by the Chambers will help UKTI focus on high value opportunities and major trade-related campaigns as well as attracting high quality inward investment to the UK, helping high value South East Asian businesses and institutions that recognise the UK as a great place to invest.”

Part of the visit will take Lord Green to Hanoi’s Dinh National Stadium to discuss opportunities for British companies at the Asian Games 2019.

This was posted in Bdaily's Members' News section by Tom Keighley .