BOI joins forces with the Thai Subcontracting Promotion Association (SUBCON) and Informa Markets to organize "MIRA and SUBCON EEC 2023"

General News Friday August 11, 2023 13:20 —PRESS RELEASE LOCAL

BOI joins forces with the Thai Subcontracting Promotion Association (SUBCON) and Informa Markets to organize

BOI joins forces with the Thai Subcontracting Promotion Association (SUBCON) and Informa Markets to organize "MIRA and SUBCON EEC 2023" to strengthen entrepreneurs in the eastern part of the country, underlining the region as "ASEAN's sourcing and manufacturing excellence and subcontracting center", as well as moving toward Thai industry transitional to the future industry aligned with the strategy to turn Thailand into a new economy. The event is targeted to achieve 600 pairs of business matching and generate over 2 billion baht in business value.

Mr. Narit Therdsteerasukdi, Secretary General, Thailand Board of Investment (BOI) revealed that Thailand Board of Investment (BOI) in collaboration with the Thai Subcontracting Promotion Association (Thai SUBCON) and Informa Markets, the world's leading international exhibitions organizer, organize MIRA (Maintenance, Industrial Robotics and Automation) and SUBCON EEC 2023 for the second consecutive years between September 6-8, 2023 at Nongnooch Pattaya International Convention & Exhibition Center (NICE), Chonburi. This is a comprehensive trade and service exhibition and industrial solutions event in Eastern Economic Corridor on Maintenance, Industrial Robotics, Automation, and Subcontracting leading brands. The event also displays industrial parts and the most comprehensive business matching forum in the eastern region to support the Thai manufacturing and service sectors to be ready for the transition to the future industry, in particular industries that are key to the eastern region such as electric vehicles, electronics, and intelligent manufacturing systems. More than 150 companies will participate in the exhibition, and expected over 100 large buyers, and achieve 600 pairs of business matching, - all of which are expected to create business value at over 2 billion baht, and a total of over 5,000 visitors.

"BOI foresees that the supporting of domestic subcontracting producers entering into the global supply chain is a key strategy to promote Thai entrepreneurs to the global markets, especially for Thai SMEs with having quality and international standards in new industries such as electric vehicle (EV) electronics, automation, and robotics. The BOI has continuously joined forces with alliances to organize activities to link each industry in the EEC area for the second consecutive year as it is the main industrial area of the country. This event will increase the opportunity for Thai entrepreneurs to create cooperation with leading foreign companies in sourcing, technology transferring, and subcontracting, as well as create a joint venture between Thai and foreign countries, which will strengthen the supply chain of the targeted industries, " Mr. Narit said.

Mr. Kiattisak Jirakajonvong, President of the Thai Subcontracting Promotion Association, said that following many investment projects in the EEC area; hence, this is an important opportunity for Thai entrepreneurs to connect with business partners and new investors in the targeted industries. The Thai SUBCON association is ready to be a bridge that connects Thai entrepreneurs, especially more than 400 members of the association to the international trade arena by participating in important international exhibitions to create new trade opportunities. We have also been a part of the SUBCON Thailand event that has been held continuously for more than 17 years, as well as being a part of the SUBCON EEC for the first time last year to the organization of the event for the second time this year. The event received a very good response from our members as more than 90 percent of our members accepted to join the event continuously this year. This is a guarantee of confidence in doing business with suppliers and Thai partners. The association is confident that organizing SUBCON EEC 2023 will be another way to create new opportunities for Thai entrepreneurs to move toward the transitional industries in particular for the targeted industries which will be the key to upgrading the EEC to the center of the region.

Mr. Sanchai Noombunnam, General Manager - Thailand, Informa Markets that since Informa Markets working with the BOI while also receiving great support from various alliances such as the Thai Subcontracting Promotion Association, Informa foresees an opportunity to further expand the achievement of the SUBCON Thailand which is normally held in the Bangkok area to an important new economic area like EEC. Thus, we initiated to organize MIRA and SUBCON EEC in the past year to connect the opportunity for entrepreneurs in the area to meet with large manufacturers who have the high purchasing power to invest in the area, as well as bring technology and innovation that correspond to the industry from leading manufacturers to the exhibition, to exchange knowledge, such as in the field of electric vehicles electrical appliance electronics, mechanical and future industries namely aircraft maintenance, medical equipment, robotics, and automation. The past event had been well accepted and supported. This time, Informa Markets is ready to continuously organize MIRA and SUBCON EEC 2023 for the second year. This time, it has brought modern technology and innovation in industrial maintenance, and automation including the advanced robotic system that today has become an important complement in the Thai manufacturing sector. At the same time, SI (System Integrator) service providers from Thailand and Japan have also been gathered to share their experiences, and exchange information. Last but not least, the important highlight that is regarded as the strength of the SUBCON EEC event is the Business matching organized by BOI.  Moreover, what can't be missed is a seminar to update trends and new knowledge in the industry from experts who will share their direct experience through various seminar topics to connect networking with major buyers from around the world. For more information and movement of the event, please visit www.mira-event.com.

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