Next March 2nd, a Spain-Vietnam Business Meeting will be held at the CEOE headquarters, to mark Mr. Tran Luu Quang, Deputy Prime Minister of the Socialist Republic of Vietnam, H.E. Tran Luu Quang’s visit to Spain.
During the meeting, he will present the business and investment opportunities offered by the country, new projects and public-private cooperation initiatives in the sectors of infrastructure, rail transport, agri-food, renewable energy, environment, water, information technology, textiles and tourism, among others.
AVCO Legal publishes a new post in the Blog Spain-Asean Dispatch on the opportunities that Spain presents for foreign investors and the process to set up a company.
Royal Thai Embassy in Madrid hosted, in collaboration with Spain-ASEAN Business Association (Asempea) and Centre for Industrial Technological Development (CDTI), on July 13 at Hotel Melia Serrano, “Thailand-Spain Partnership towards Green Energy” a hybrid-format seminar on the renewable energy to promote business as well as research and development partnership between Spain and Thailand. This seminar brought together, in person and virtually, more than a hundred of Spanish and Thai participants from public, private and academic sectors.
The event was inaugurated by the Ambassador of Thailand to Spain, H.E. Mrs. Phantipha Iamsudha Ekarohit, and the Ambassador of Spain to Thailand, H.E. Mr. Emilio de Miguel Calabia. It featured keynote speakers, such as representatives of Thailand’s Ministry of Energy, Board of Investment, National Energy Technology Center (ENTEC) and major Thai state-owned and private companies in the sector, such as (1) The Electricity Generating Authority of Thailand (EGAT), (2) PTT PCL and (3) Gulf Energy Development PCL. On the Spanish side, representatives are from (1) APPA Renewables, (2) Centre for Energy, Environment and Technology (CIEMAT) and (3) Centre for Industrial Technological Development (CDTI).
During the seminar, the Thai side presented the BIO-CIRCULAR-GREEN economy model as the main pillar of the country’s economic recovery in the post COVID-19 crisis, through which Thailand will develop cleaner energy with a view to strengthening a more sustainable growth model. Special emphasis on the incentives offered by Thailand for projects in this sector were highlighted at the seminar. The Thai companies also presented their business profiles and investment plan in the area of renewable energy.
On the Spanish side, the panelists offered their support in developing pilot projects, especially in solar energy, which has been successfully implemented in other countries with Thailand. Some agencies, such as CDTI, also offered opportunity of financial support, channeled through private companies or institutions for the future joint projects development by both countries in this area.
In her opening remark, Her Excellency Ambassador Ekarohit highlighted Thailand´s commitment to the United Nation’s 2030 Agenda for Sustainable Development as well as the Paris Climate Agreement. Therefore, green and renewable energy is an essential factor to achieve such goals. As Thailand is developing a number of ongoing projects in renewable energy where Spain possesses expertise, she strongly believes that this sector is a future area of cooperation with great potential. Her Excellency, thus, looks forward to welcoming Spanish investors in Thailand as well as supporting the promotion of technology transfers under research and development schemes between relevant agencies of the two countries.
On 13 July, the Royal Thai Embassy to Spain, the Centre for the Development of Industrial Technology (CDTI) and ASEMPEA will hold a hybrid seminar focused on the renewable energy sector. Through this event, the Thai Government will present its BIO- CIRCULAR – GREEN model, through which it seeks to develop these energies and help to promote a more sustainable growth model.
The Thai government has set itself the target of reducing its greenhouse gas emissions by 20 to 25 % by 2030 and, in order to achieve this goal, it offers great opportunities through a wide range of renewable energies, such as solar, wind and biomass, as did the Spanish Government in the same field.
The purpose of this event is to show potential investors the opportunities that both countries, Thailand and Spain, offer in the field of green energies, and, at the same time, promote relations between the two countries. The seminar will be attended by the Ambassador of Thailand to Spain, H.E. Ms. Phantipha Iamsudha Ekarohit, and the Ambassador of Spain to Thailand, H.E. Mr. Emilio de Miguel Calabia, as well as senior officials of the Thai Government and leading entities of the renewable energy sector in both Spain and Thailand.
In order to join the seminar please register through the following form: https://www.asempea.com/seminar-thailand-spain-partnership-towards-green-energy/?lang=en
Yesterday the Minister of Industry, accompanied by the Secretary of State for Trade and ICEX’s CEO, presented the COVID-19 Crash Plan and the Plan for the Internationalization of the Spanish Economy 2021-2022. In the first case, the Secretary of State for Trade put special emphasis on the two main guidelines of the Crash Plan, namely, the preservation of the productive fabric by promoting an image of Spain associated with competitiveness and excellence, and the configuration of the foreign sector as a pilar of growth and employment through the diversification of exports. And in the second case, ICEX’s CEo highlighted the three main elements of the Internationalization Plan, that is to say, digitization, sustainability and, again, market diversification.
Today theSpain Asean Businees Association (Asempea) held a new Webinar. This time the invited country was Malaysia and the attendees were updated on the situation that Malaysia is currently going through as a result of the COVID-19 pandemic and, looking ahead, the outlook for economic growth. They also had the chance to know which sectors offer opportunities for foreign investors.
As usual, the event was presented and moderated by Mr. Tomás González, Asempea’s Chairman, and the speakers were the Ambassador of Malaysia to Spain, H.E. Mr. Akmal Che Mustafa, and the Director of the Paris MIDA (Malaysia Investment Development Authority)’s Office, Mr. Pravinganesha Rajoo.
Both the Ambassador and the Director of MIDA encouraged Spanish companies to learn more about the Malaysian market in order to do business in it. They inform the attendees about the incentives in force, the short-term economic recovery plan and, finally, talked about the sectors that currently present the best opportunities for investors, such as: electronics, machinery, chemicals, medical devices, aerospace, automotive, transport, textile, pharmaceutical, metal and processed food.
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