Bangkok, 20 September, 2018 – Thai Airways International (THAI), together with the Tourism Authority of Thailand (TAT), Airports of Thailand (AOT) and Krungthai Bank have announced an alliance to help boost Thailand’s economy with sustainable growth.

THAI TAT AOT Krungthai Bank Alliance for Thailand sustainable growth

The announcement was made at a recent panel discussion on “Power of State-Owned Enterprises, Synergy to Win,” held at THAI’s Head Office, with more than 500 people in attendance.

Chaired by Mr. Somkid Jatusripitak, Deputy Prime Minister, the panel discussion was also attended by ministers and officials from the Ministries of Transport and Finance as well as heads of state enterprises including the TAT, AOT and Krungthai Bank.

Mr. Somkid said: “The Thai Government wants Thailand’s state enterprises to join forces as each has its own strengths. The cooperation between THAI, TAT, AOT and Krungthai Bank is an important starting point that will drive Thailand’s economy through the tourism and aviation industries.

THAI TAT AOT Krungthai Bank Alliance for Thailand sustainable growth

Under the alliance, the four state enterprises will cooperate on various strategic frameworks.

On tourism, THAI will bring tourists to all secondary destinations, whereby the TAT will provide support through advertising and public relations. This cooperation is to help boost aviation business, create jobs and revenue in all sector throughout the country.

On aviation, as the national carrier of Thailand, THAI operates the most roundtrip flights to and from Suvarnabhumi Airport and joining forces with the AOT will boost the position of Thailand as a regional aviation hub.

In support of the Thailand 4.0 policy, the four state enterprises will develop a tourist segment information and ‘payment gateway’ under the ‘Pao Tung’ project. The development is to make it easy to buy and sell, enabling simple payments through all including any purchases with THAI.

According to THAI’s press statement, the “Power of State-Owned Enterprises, Synergy…

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