Written by 11:07 AM Lifestyle

The Ministry of Culture, Sports and Tourism and the Korea Tourism Organization Connect Korean Tourism Venture Companies with the Thai Tourism Market

Bangkok Tourism Business Support Center Opens on the 3rd

Kim Dong-il, head of the Tourism Industry Headquarters at the Korea Tourism Organization, delivers a speech at the 'Overseas Tourism Business Support Center Singapore Demo Day' held at The Hive in Singapore on June 26th (local time). Provided by Korea Tourism Organization

Kim Dong-il, head of the Tourism Industry Headquarters at the Korea Tourism Organization, delivers a speech at the ‘Overseas Tourism Business Support Center Singapore Demo Day’ held at The Hive in Singapore on June 26th (local time). Provided by Korea Tourism Organization
, ‘[Financial News] The Ministry of Culture, Sports, and Tourism and the Korea Tourism Organization are opening an Overseas Tourism Business Support Center (KTSC) in Bangkok, Thailand, on the 3rd. ‘,

, ‘The Overseas Tourism Business Support Center is an infrastructure designed to assist tourism venture companies with innovative technologies in entering foreign markets. The Bangkok center is the third facility following the openings in Singapore (August 2022) and Tokyo, Japan (December 2023). ‘,

, ‘The Ministry and the Korea Tourism Organization decided on the Bangkok location based on surveys of tourism companies’ demand for overseas expansion and the potential growth of the Thai tourism market. ‘,

, ‘Eight tourism venture companies, showcasing innovative technologies such as AI in sectors like data roaming, mobility, and lodging management, are set to move in. They will receive comprehensive support, including office space, local investment attraction, promotional marketing, and tax and legal consultations. ‘,

, ‘The opening ceremony, held at the Intercontinental Hotel in Bangkok, will be attended by over 230 participants, including officials from the Thai National Innovation Agency, the Thai Travel Agents Association, and venture capitalists. Various programs, such as one-on-one exchanges between tourism companies and local investors, tenant company presentations, and showcases of successful Thai market entries, will take place. ‘,

, ‘Kim Geun-ho, Director of Tourism Industry Policy at the Ministry, stated, “The Bangkok Tourism Business Support Center will serve as a bridge connecting our tourism venture companies with the Thai tourism market through market research and exchange opportunities.” ‘,

, “Meanwhile, 11 companies have moved into the Singapore Center and 15 into the Tokyo Center. The Tourism Business Support Centers facilitated 392 connections between K-tourism companies and overseas businesses through events like ‘Tourism Expo Japan 2023’ and ‘Travel Tech Asia 2023’ in Singapore.\n”]

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