IFU, the Danish Investment fund for developing countries, reopens for co-investments with Danish companies in Thailand. This gives Danish companies interested in doing business in Thailand the opportunity to partner and share the financial risk with a Fund with great experience from setting up companies in Thailand.
“Thailand is a promising market with a solid potential for Danish businesses, and I hope that IFU’s re-entry will increase the interest and investments by Danish companies in the country,” says Finn Jønck, Managing Director of IFU.
IFU operates as an investor and is prepared to share the financial risk with a Danish company. IFU’s investments are made on commercial terms in the form of share capital and loans and are made directly in a company established in the host country.
IFU’s resumption of investments in Thailand has been made possible after the Danish government has decided to increase the Fund’s focus on emerging markets. IFU has made investments in Thailand since 1975, but in 2009 IFU had to stop making new investments in the country, because Thailand had surpassed the income limit regulating which countries the fund can invest in. The income limit has now been doubled and Thailand is among the countries being reopened. Until 2009, IFU participated in establishing 28 companies in Thailand, whereas IFU is still engaged in 12 of these. IFU has therefore kept track of developments in Thailand’s business community despite the temporary stop for new investments.
The Embassy is ready to assist Danish Companies interested in or already doing business in Thailand. The Embassy has great experience from helping companies in areas as finding the right partner, evaluate market potential, identifying distribution channels and etc.
More information on IFU can be downloaded to the right. Danish companies interested in learning more about joint investment with IFU are welcome to contact the Embassy at [email protected] IFU at [email protected] or +45 33 63 75 00.