The Thai government recently initiated discussions with New York-based BlackRock Inc., the globe’s most prominent asset management firm, aiming to draw investments for Thailand’s Bio-Circular-Green (BCG) business sector.
In a significant move, this conversation placed a spotlight on Thailand’s commitment to sustainable economic growth, aligning with global green trends.
Chai Watcharong, the government spokesperson, disclosed that the dialogue between Prime Minister Srettha Thavisin and BlackRock’s top executives centred on channelling investments into the Thai BCG sector. This sector currently boasts a value of 3.4 trillion baht (US$94 billion) and projections suggest that it could escalate to over 4.4 trillion baht in the next five years.
BlackRock’s portfolio, which manages assets to the tune of 340 trillion baht, underscored a clear…
