Bangkok’s multinational ambitions drive forward: BMA seeks authorities help

The drive to determine Bangkok as a multinational hub has gained momentum, with the Bangkok Metropolitan Administration (BMA) expressing intent to garner government backing for the initiative. Bangkok Governor Chadchart Sittipunt, yesterday, introduced the intent to align the BMA’s policy with that of the federal government to stimulate the city’s financial system and job creation.
In a press briefing, Chadchart illustrated the importance of cities as labour markets.
“People inhabit urban areas due to job availability. To facilitate job creation, it’s crucial to lure worldwide firms to Bangkok. Unauthorized of high-grade companies will invariably lead to job creation. This initiative may have a trickle-down effect benefiting local rental property owners, taxi operators, restaurateurs and even farmers.”

The 57 12 months outdated Bangkok chief shed mild on BMA’s engagement with foreign buyers, international business representatives, and expatriates to deal with their issues and needs. This, he stated, reveals BMA’s dedication to catering to traders. He further detailed BMA’s plan to ascertain a one-stop service centre hub to assist foreign investors and film crews.
“I am eager on discussing with the federal government our potential to draw foreign revenue to the capital.”

BMA also envisages promoting the initiative in cooperation with the Board of Investment (BoI). Chadchart famous the shift in international investment from the commercial sector to service, finance, start-up and innovation sectors – sectors that Bangkok is well outfitted to assist.
“Bangkok is at present an appealing place to live. Many components contribute to this, including affordable office areas, international colleges, and hospitals capable of serving transnational company staff.”

Chadchart also expressed a desire to deliberate on matters corresponding to traffic congestion, funding in fresh rail routes, and the proposed 20-baht fare cap with the new government..

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