(No. 335 - November 9, 2009- 1:45 p.m. EST) The Honourable Stockwell Day, Minister of International Trade and Minister for the Asia-Pacific Gateway, arrived in Thailand yesterday at the head of a trade mission made up of 10 Canadian energy companies.
Minister Day launched the trade mission before an audience of senior Canadian and Thai officials and business representatives in Bangkok. The Minister emphasized that this mission is the first Canadian ministerial visit in six years, and it will promote Canada as a supplier of high-quality goods and services to Thailand and throughout Southeast Asia.
“We must take advantage of the Government of Thailand’s new energy strategy by showcasing Canadian expertise,” said Minister Day. “This trade mission will help open doors for Canadian businesses that have an expertise in areas such as oil and gas exploration and production, natural gas vehicles, biomass energy, and wind, solar and nuclear energy.”
The Thai government’s new energy strategy, approved in January 2009, focuses on achieving greater energy independence and security through both conventional resources and alternative and renewable resources, such as compressed natural gas, bio-fuels and nuclear power.
In addition to having a growing number of Canadian businesses seeking a share of the energy market there, Thailand represents an important investment destination for Canadian companies. Canadian direct investment into Thailand has been increasing over recent years, reaching $1.3 billion at the end of 2008. As well, Canadian exports to Thailand also grew by 20 percent last year, particularly in the areas of machinery, wood pulp, cereals and vehicle parts.
“I am pleased with the solid and expanding nature of our relationship with Thailand, a valued partner in Asia,” said Minister Day. “My visit here not only shows Canada’s commitment to increasing trade and investment with this market, but it also highlights our countries’ interest in working together to create new opportunities in the years to come.”
More details about Minister Day’s trade mission to Thailand can be found at Ministerial visit to Southeast Asia.
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The Canadian companies taking part in the trade mission to Thailand are listed in the attached backgrounder.
For further information, and high-resolution photographs, media representatives may contact:
Director of Communications
Office of the Minister of International Trade
and Minister for the Asia-Pacific Gateway
Trade Media Relations Office
Foreign Affairs and International Trade Canada
Atomic Energy of Canada Ltd. (AECL) is a leading-edge nuclear technology and services company providing services to utilities worldwide.
IMW Compressors (Shanghai) Co., Ltd., a subsidiary of IMW Industries Ltd., of Chilliwack, British Columbia, is a leading manufacturer and provider of turnkey solutions for compressed natural gas vehicle fuelling and other applications.
Katch Kan Ltd. is an ISO 9001- and ISO 14001-certified company that provides innovative technology systems for the oil and gas industry. These systems are designed to reduce companies’ operating costs, environmental footprint and repetitive injury liability.
L-3 Communications MAPPS Inc. is a world-leading supplier of control and simulation solutions for the nuclear, fossil-fuel and natural gas power sectors.
McKinney Machine Company Ltd. has a more than 50-year history in Alberta. The company is involved in the manufacture and repair of oil field drilling equipment.
Newsco Directional & Horizontal Services Inc. provides directional drilling services for a broad range of wells using the company’s unique MWD/LWD system.
SNC-Lavalin International Inc. is one of the leading engineering and construction groups in the world, and a major player in the ownership of infrastructure and in the provision of operations and maintenance services.
Sunwing Energy Ltd. is a wholly owned subsidiary of Vancouver’s Ivanhoe Energy Inc., with offices in Canada and China (Dagang, Chengdu, and Beijing). Since the early 1990s, Sunwing Energy has been investing very actively in the petroleum exploration and development sector in the Asia-Pacific region.
Techno Canada Inc. is an independent oil service provider with world-class health, safety, environmental and quality standards.
Xebec Adsorption Inc., headquartered in Blainville, Quebec, is a manufacturer of gas purification equipment, whose solutions target a number of markets and applications.