Thai - Brazilian cooperation can help Thailand’s economy

Brazil, a great South American nation is now known as a BRIC country, one of the four emerging economic super powers, and expected to become a powerful and influential country in the world. There is huge potential in Brazil for future prosperity as it is a large country having abundant resources and a large population of nearly 300 million in possession of advanced technology and a variety of available expertise. It is therefore time for Thailand to get to know and foster a strong relationship with Brazil.

Capital from China is coming to Thailand

In July 2009, after Thai and Chinese businessmen met for a large-scale meeting in Pattaya, the Minister of Industry estimated 53 business conclusions, with networking arrangements amounting to 211,000 million baht and 9 memorandums of understanding (MOU); most significantly between Saha Farms Co., Ltd and New Hope Group, with a 7,000 million baht chicken farming investment with Saha Farms Co., Ltd., increasing their production capacity in processed export chicken from 500,000 to 1,000,000 chickens per day.