TCEB Defines Priority Sectors for MICE in Thailand

Thailand, MICE, TCEB

Thailand Convention and Exhibition Bureau Senior Vice President Nichapa Yoswee highlighted recently in Thai international newspapers the priorities of her organisation in promoting MICE. “TCEB performs the role of the country’s marketing agency to attract organizers of MICE activities in Thailand. TCEB is mandate to establish Thailand as a dynamic MICE destination where an ecosystem of ideas, people, and technology draws on vibrant knowledge and wide networks to tailor success for event organizers and business travellers”.

“Business travellers are considered quality customers with three times higher spending than tourists. This in turn generates multiple effect and positive impact on MICE supply chain such as venues, hotels, logistic services, attractions, and other related service sectors. Moreover, MICE activities generally bring in new know-how and business opportunities for Thais,” Mrs Nichapa clarified

In 2018, TCEB has framed 4 business strategic directions:

“The first is a measurement of economic impact for MICE industry. Direct, indirect and induce impact are important factors to evaluate and quantify the economic benefits from MICE industry to Thailand’s economy.  Direct impact is a calculation of the value measured in expenditures by MICE segment industry including organizers.  For instance, a spending by event organizers on venue rental, logistic services, booth set up, securities services, equipment rental.  On the other hand, indirect impact create additional expenditure incurred by the vendors of the MICE industry and those businesses that provide goods and services to visitors/delegates whereby induce impact generate spending by MICE segment-related employees in the local Thailand economy on food and beverage serving services, health, transport, recreation, education, etc.  All these aspects give us a comprehension of how MICE activities contribute to the country’s economy.”

“The second strategy is supporting the 10 targeted S-Curve industries, namely: Health Tourism, Biotechnology, Robotics, Smart Devices, Digital, Future Automotive, Food Processing, Aviation & Logistics, Biofuels & Biochemicals, and Integrated Medical Services. TCEB’s supportive strategy is in harmony with the government’s ‘Thailand 4.0’ initiative focusing on making Thailand the business centre for ASEAN. TCEB aims to support any MICE activities related to these industries and this in turn will provide know-how and international business opportunities for Thai entrepreneurs. It will also persuade global investors to come to Thailand.” TCEB Nichapa added.

“Additional to TCEB’s support to attract new business events to Thailand, working with strategic alliances is another crucial strategic move to drive Thailand MICE industry. We then decided to intensify our work with our partners domestically and internationally in both public and private sectors.  As TCEB aims to expand into new markets through megaprojects under ‘One Ministry, One Expo’ initiative, TCEB will collaborate with relevant ministries in bidding for world-class business events aiming at 10 S-Curve industries profile to organize in Thailand.  TCEB will also support organizers, associations, and MICE related professionals, especially those in the 10 S-Curve industries, to support them with vital business information, strategic advice, and resources needed to strengthen the growth of their industries through MICE platform.”

“We also look at expanding business in MICE Cities such as Chiang Mai, Khon Kaen, Phuket and Pattaya by attracting or establishing new business events into those cities with the support of extra incentives.  This strategic direction will help creating economic of scale and benefit neighbouring cities in terms of additional income and employment in supply chain for MICE industry.”

TCEB Senior Vice President Nichapa Yoswee concluded that: “One of the success story of attracting new business events profiling under 10 s-curve industries is an anchor of new international exhibitions such as Future Energy Asia 2018’, the European energy exhibition that will be hosted for the first time in Thailand this December.  During the first quarter, we attracted 20 international business events varied from meetings and incentives, conventions, and exhibitions to Thailand, making up of 75,347 business travellers generating THB4.4 billion.”