?I 2




to the


JUNE 1968


a report by the


* .



Agency for International Development

Washington, D.C.

A,. !.1),

Pofe:'emelcn C&


of the

Thailand Trade & Investment Mission to the United States

April 29 - May 13, 1968

sponsored by

The Board of Investment


The Royal Thai Government

Bangkok, Thailand

in cooperation with

Bangkok Bank Ltd.

New York City


Investment Promotion Division

Private Investment Center

Office of Private Resources

Agency for International Development

Washington, D. C.


Belford L. Seabrook

June 10, 1968



SUMMARY .. .. .. .. .. .. .. .. . .. 1

BACKGROUND ...... ................. . . 2



PROGRAM CONCEPT ..... .............. . 10

BUDGET ....... .................. . . 12

CIPM ........ .................... . 13



SOCIAL AFFAIRS ..... ................. 31

WIVES AND DEPENDENTS ............. 31

PER DIEM ..... ............... . ... .. 32




HEALTH ..... ............... ..... 33




WASHINGTON, D. C. VISIT .............. . 37

UNFAVORABLE FACTORS ...... .. ............. 38

OBSERVATIONS .... .................... 39

EVALUATION COMMENTS ...... .. ............. 41

ADDITIONAL REPORTS ....... .. .............. 43

LIST OF ATTACHMENTS ............. 44



The Board of Investment of the Government of Thailand (BOI)

sponsored a visit by some 30 Thai private businessmen to United

States industrial plants and business firms during a two-wepk

period beginning April 29, 1968 and ending May 13, 1968. The

objective of the Mission was to explore possible joint ventures

with U.S. investors, opportunities for increasing American investment

in Thai ventures, and for increasing Thai imports of

U.S. products.

The idea for the Mission originated with

Dr. Amnuay Viravan (12), Secretary General of the BOI; and to

some extent the Mission may have been a result of the policy

of the USOM/Bangkok to encourage the Thai to take the initiative

in attracting foreign private investment. The Mission

arrived in Chicago (over the North Pole) from Europe on Sunday

afternoon, April 28, and after three days in Chicago, split up

into four teams for visits in Chicago, Pittsburgh, Detroit and


On Sunday, May 5, the Mission assembled in New

York and spent Monday through Wednesday, May 6-8 at the

American Management Association Seminar, which was very well

received by both Thai and American participants.

After the

A.M.A. session, most of the group remained in the New York

area for individual business appointments, although several

- 1 ­

went into the "t. Worth-Houston area for appointments on May 9

and 10.

The Texas and New York groups proceeded separately

over the weekend of May 11, and assembled in Honolulu, where

an intensive program on Monday, May 13, was arranged. They

departed for Tokyo on May 14.

Generally, both Thai and

American participants appeared to be pleased with the accomplishments

and results and declared the Mission an outstanding



Dr. Amnuay (12), Secretary General of the BOI had beqn

invited by the American Management Association to speak in

New York during the Spring of 1968 on the subject of Thailand

and he had planned to make the trip to New York.

In a discussion

with Jack Bailhe, Private Enterprise Division of the

USOM/Bangkok, he was encouraged to take 3-4 Thai private

businessmen with him on the trip. Dr. Amnuay liked the idea

but felt he was faced with the problem of convincing private

businessmen to take time off from their businesses and to pay

for travel and hotel expenses around the world. He felt that

he could induce top-flight Thai businessmen to join the Mission

if he could limit the cost to air travel from Thailand to the

United States and return.

Accordingly, he asked the USOM to

finance the travel within the United States for all Thai team

members, both government and businessmen. When Minister Pote

Sarison was consulted he felt that the Mission should be headed

- 2 ­

y a Thai businessman, and except for a few RTG officials, the

members of the Mission should come from the private sector.

Accordingly, Mr. Suriyon Raiva (21), President of the Thai

Board of Trade, and owner of the Grand Hotel in Bangkok, was

invited to become the Chairman of the Mission. In the initial

stages it was expected that the Mission woulu not exceed 15


When the number reached 30 persons, applicants were

told that the Mission limit had been reached but the final

number was 32 Thai participants, plus some 13 dependents.


addition, there were several American observers from private

firms in Bangkok who traveled with the Mission at their own



Dr. Amnuay Viravan is Secretary General of the Government

of Thailand Board of Investment in Bangkok.

He received a B.

Co. from Chulalongkorn University in 1952, and an M.B.A. in

1954, and M.A. in Economics in 197, and a Ph.D. in Business

Administration in 1958, all from the University of Michigan.

Dr. Amnuay was Chief of the Fiscal and Accounting

Systems Division from 1959 to 1964. He has served as Economic

and Financial Advisor to the Prime Minister since 1963,

Director of the Technical and Planning Office since 1964,

and Secretary General of the Board of Investment since 1967.

His primary function is to promote capital investment in

Thailand by providing necessary incentives and services to

potential investors, both foreign and local.

- 3 ­

Dr. Amnuay edits the Thailand Offici.l Yearbook and has

written numerous articles for publication.

- 4 ­

Roster of Investment Mission Members


(12) Amnuay Viravan (Dr.) Secretary General

Board of Investment

Royal Thai Government

Chairman of Mission

(21) Suriyon Raiva Chairman

The Board of Trade

Owner, The Grand Hotel

Deputy Chairman

(37) Pramarn Adireksarn (Maj. Gen.) President

Textile Manufacturing Assn.


(15) Somthorn Thepsithat

New York Representative

1 Boarda of lnvestmen

(--) Paul Sithi-Amnuai

(1) Robert C. Bodden

(American observer)

(2) Robert B. Papazian

(American observer)

(3) Thiam Karnchanachari

(4) Sukum Navapan

Senior Economist, International

Trade Department, Ministry of

Economic Affairs, Royal Thai


Vice President, Bangkok Bank

Ltd., New York Office

Manager, Union Carbide Services

Eastern Ltd; President, American

Chamber of Commerce in Thailand

Vice President

ITT Far East Bangkok Ltd.

Assistant Managing Director

Intern'l Engineering Co. Ltd.


The Thai Military Bank Ltd.

(5) Mrs. SukumNavapan (Dep.)

(6) Chamras Chaturabatara

(7) Vari Virangkura

Director and General Manager

Krung Thai Bank Ltd.

General Manager

Thai Mercantile Marine Ltd.


(8) Thaworn Phornprapha President

Siam Motor Company Ltd.

(9) Mrs. Usa Phornprapha (Dep.)

(10) Miss Pornthip Phornprapha (Dep.)

(11) Siew Kanchanachari

(12) Amnuay Viravan kDr.)

(Advisor to Mission)


National Thai Company Ltd.

Secretary General

Board of Investment

Royal Thai Government

(13) Cancelled

(14) Snit Viravan


Viravan Company Ltd.

(15) Somthorn Thepsithar

(Secretary to Mission)

(16) Montri Sukanit

Senior Economist, Intern'l

Trade Department, Ministry

of Economic Affairs, Hoyal

Thai Government

Director, Thai Cotton Mill

(17) Kiarti Srifuengfung

(18) Udom Sangkasaba

Managing Director

Thai-Asahi Glass Co. Ltd.

Managing Director

Thai Trading Company

(19) Miss Tharinee Sangkasaba (Dep.)

(20) Pong Sarasin

Managing Director

Thai Pure Drinks Ltd.

(20)a)Mrs. Pong Sarasin (Dep.)

( 2 0 )bpong Sarasin, Jr. (Dep.)

(21) Suriyon Raiva

(Chairman of Mission)

Chairman, The Board of Trade

Owner, The Grand Hotel

(22) Mrs. Chamnong Raiva (Dep.)

(23) Baisal Nandhabiwat

Managing Director

The Laem Thong Bank Ltd.


(24) Banasomboon Mitrabhakdi Executive Director

Toray Nylon Thai Co. Ltd.

(25) Kraisri Nimmnhaeminda General Manager

(26) Mrs. Chanya Nimmnhaeminda (Dep.)

Industrial Finance Corp. Ltd.

(27) Chaijudh Kanasuta (Dr.)

Managing Director

Italian-Thai Development

Corp. Ltd.

(28) Mrs. Chaijudh Kanasuta (Dep.)

(29) Bancha Lamsam

(30) Prakaipet Indhusophon

(31) Damri Darakamanda


Thai Farmers Bank Ltd.


Karnasuta General Assembly

Co. Ltd.

Managing Director

Union Industries Corp. Ltd.

(32) Cancelled

(33) K. Y. Chow (Dr.)

Managing Director

The Thai Oil Refinery Co. Ltd.


(34) Mrs. K. Y. Chow (Dep.)

(35) Cancelled

(36) Chalermchai Charuvastr

(Lt. Gen.)

(37) Pramarn Adireksarn (Maj. Gen.)

(Dep. Chairman of Mission)

Director General

Tourist Organization of



Textile Manufacturing Assn.

(38) Cancelled

(39) Sukri Bodiratnangkura

(40) Amphorn Bulpakdi


Thai Blanket Industry Co. Ltd.

Member, Board of Export

Promotion, Government of Thailand


(41) Mrs. Amphorn Bulpakdi (Dep.)

(42) Prasith Mahatanakul

(Unofficial observer)

Department of Technical and

Economic Cooperation (DTEC),

Ministry of National Development

Royal Thai Government

(43) Mrs. Prasith Mahatanakul.(Dep.)

(44) Y. Boon Tom


The Sangkasi Thai Company Ltd.

(45) Mrs. Koblab Yenmanoj (Dep.)

(46) Jack Bailhe

Private Enterprise Division


(47) Cancelled

(48) Boon Yong Vongvanij

Managing Director

L.P. Standard Laboratories Co.,


(49) Name repeated - same as 31

(50) Nipan Benjawilas

(51) Seri Sabchareon

(52) Floyd L. Whittington

(American observer)

Managing Director

Deepwell Drilling & Waterworks

Construction Company Ltd.

Managing Director

Raja Company Ltd.

Executive Vice President

Southeast Asia Gulf Co. Ltd.

(53) Cancelled

(54) Kamchai Iamsuri

(--) Walter P. Coppinger

(--) Belford L. Seabrook

Managing Director

Kamol Kij Company Ltd.

(International Training)


(Investment Promotion)




Thai Businessmen * 29

Thai Dependents 13

Thai Gov't. Officials 3

Thai Observer 1

American Observers

from Thailand 3

CIPM Escorts 3

U.S. Gov't Escorts 3


* Includes Paul Sithi-Amnuai of New York


The following Thai businessmen and/or officials were on the

original listing of Mission members and some of them appear under

program appointments, but they did not arrive with the Mission,

or participate in any of the Mission activities:

(13) Jootee Boonsong Jootee Tin Dredging Co.

(32) Samrit Chirathivat Central Department Store

(35) Police Lt. Col. Kasam


Shell Company of Thailand Ltd.

(38) Amornthip Dabbaransi --

Notes concerning roster of mission members:

1. Wives and/or dependents are indicated"(Dep.)

2. The numbers in front of names were affixed originally to

facilitate accurate reference to individuals in cables

between Amnuay (in Bangkok) and Sithi-Amnuai (in New York).

- 9 ­

The above listing contains the names cf all of the persons

who accompanied the Mission throughout the United States, except

that the U.S. Government and CIPM representatives did not accompany

the group to Hawaii.

In addition, there were several others

who joined the Mission at various points. For example, in New

York, the Thai Ambassador, The Prime Minister, the Minister of

National Development, and the Thai Consul General in Toronto

attended the AMA Seminar. CIPM escort officers accompanied the

group on visits to Chicago and New York only.

For the purposes of registration at the Seminar, only the

non-resident Thai members on the above list were used. A single

lump sum fee was charged by AMA for these Thai Mission members.

The Board of Investment had printed in Bangkok a very attractive

pocket-size folding brochure with the names of the Mission

members and their photographs. These brochures were given to

American businessmen and were of great help in identifying the



Shortly after the A.M.A. invitation to Dr. Amnuay to speak

in New York (issued about January 1968), the visit to the United

States by the Thai Prime Minister became firm and Dr. Amnuay

wanted to capitalize on the anticipated favorable publicity

surrounding his Prime Minister's visit.

Accordingly, with the

encouragement of the USOM/Bangkok, he proceeded to organize an

- 10 ­

investment mission of private businessmen who would accompany

him to the Seminar and, during the trip, meet with American

businessmen. Part of the objective was to stimulate the Thai

private sector to take the investment initiative and try to

work out with American companies such things as licensing

arrangement contracts and even joint ventures. The final plan

evolved as a result of a series of letters and telegrams between

AID/W and USOM/Bangkok, on the one hand, and Dr. Amnuay in Bangkok

and Paul Sithi-Amnuai in New York on the other hand. Paul Sithi-

Amnuai, Resident Manager for Bangkok Bank Ltd. in New York had

been asked by Dr. Amnuay to represent the Board of Investment

and to become his coordinator with AID/W and CIPM for the details

of the program arrangements.

As already mertioned, it was Dr. Amnuay's idea originally

to bring 3-4 Thai businessmen with him but then the number was

increased to 15.

It soon mushroomed to around 30 at which time

the listing was closed. Approximately twice as many more Thai

businessmen expressed an interest in joining the Mission but,

it was felt that a larger group would unnecessarily complicate

arrangements and not be feasible.

At the request of USOM/Bangkok, AIDiJ prepared Project

Implementation Order/Technical Services (PIO/T), No. 493-161-3­

80256. This became the basis for the contract with CIPM.

(This is Attachment No. 1.)

- ll ­


A series of budgets was prepared and submitted to the

USOM/9angkok as the numbers of persons on the Mission increased.

Originally, the budget contemplated a total of 15 members.


final budget attached to the CIPM contract was $39,070. This

covered the following items:

Per diem for the non-resident Thai members of the Mission;

health and accident insurance; travel between cities in the

United States and/or buses and taxis on the mainland; salary,

per diem and travel for the project supervisors; registration

fee for non-resident Thai Mission members at the American

Management Association Seminar; consultants; conference rooms;

training and out-of-pocket expenses directly related to the

project; and a Surety bond for CIPM.

In addition to the costs

in the budget, there were other costs involved in fielding the

Mission. The other costs include, possibly, some charges at

the USOM/Bangkok; USIA; and Voice of America; Bangkok Bank Ltd.

expenses, mostly for publicity; and some expenses in Honolulu

where the program was organized by the East-West Center.

addition, the Board of Investment incurred some expenses.



attempt will be made to estimate the expenses of USIA and Voice

of America.

The expenses of the Board of Investment and

Bangkok Bank Ltd. in New York are expected to be in the range

of $10,000 to $15,000. In Honolulu, the Center for Cultural

- 12 ­

and Technical Interchange between East and West, which is a

project of the U.S. Government in cooperation with the University

of Hawaii, usully shortened to the "East-West Center", incurred

approximately $1,000 of expenses; but these expenses are being

underwritten, on a pro rata basis, by

the private business

organizations who participated and there will not be any cost to

the U.S. Government.

The other cost is the travel cost born by

the members of the Mission who came from Thailand.

This averages

approximately $1,200 per person.

in addition, there is also the

cost for travel and expenses of the American firms who entertained

the Thai, showed them through their factories, and who attended

the American Management Seminar in New York.

Even though it may not properly be consideed part of the

cost of th., Missio, nevertheleso the indirect cost for salaries

of the participants frowji Thailand and of the American business

firms, probably amounts to several times as much as the total

direct cost of the Mission.

Although the total of the direct and

indirect costs were many times the amount of the U.S. funds

expended, there is no doubt that had it not been for thc leverage

from the direct U.S. expenditures, the Mission would probably not

have taken place.


In order (a) to permit the Mission to be directed by the

Thai and (b) to encourage the establishment of a permanent

private sector communication between the Thai businessmen and

- 13 ­


firms (rather than having a one--shot A.I.D.-run Mission),

A.I.D. offered only financial support, Mission planning, and

guidance to the Mission.

At the same time, however, the Board of Investment's U.S.

representative (Bangkok Bank Ltd.--New York) had neither the

staff nor tue experience for f,

the necessary arrangements.

As a result, we arranged for an c:perienced firm to handle

details l'or the Mission under the A.I.D. representatives'

general supervision.

This private e, nlractor was to handle the

trip details and arrangements for hotel a,comniodations; plane

reservations; scheduling of' mroii':-s with Chamber-of-Commerce

type organizations and appointine(,0 ',I .1.t American factories and/or

with American businesses. Among t)+ors, two contractors were

considered; BCIIJ a id CIPM. Although the Business Council for

International [Ind. i'standing ia u in i i .,d, :.t was, decided to

select the Council- for Internaticni

Progress in Management,

(USA), Toc., a non--profit orgeqc,i +1 . 'ih long e-:per-ence

in arranging similar irvi L ,nl c v ties. The master

contract between A.I.D. and CIHM

coobled ATD/W to obtain the

required services at a much lower coot than would be provided

by any other organization of E!qua.l experience and competence.

Attachmernt, o. 1i0 ii2 c op '' , trct with CIPM, which

outlines the scope of work and -;ervjccs to be performed.


final report from CIPM cannot be completed until all of the

rafunds on unused airline tickets are accounted for and other

- 14 ­

expenses assembled ,nI audit d.

CIV'M currently expects the

total. costs to be within thf $39,0'/0 budget.

Before CIPM could start with the itinerary and the scheduling,

it was necessary to do nonsiderable pre-planning. Among other

things, the following are some of the decisions which had to be


1. Final composition of tejn: insure correct names and

titles; include dependents; identify eligibility for


funding; prepare appropriate badges and/or identification;

arrange for healtli and accident insurance.

2. General Prograo Book- s, ope of contents; names of consultants;

sponscrsa.,. c p,. ating agencies; kit and


3. Brochure from 'Thaili ,;i ,gr, s of individual team

Le, ; Ct. ,f,, .. it lit,y; distribution;

number required.

SpI . t, pryram: eT' ,,1 . 'r t F, Uroups to visit

Detroit,; Cleveland; P.It . ,"gh; Texas; Chamber-of-

Commerce type meetinps; v.isiDts !,o factories; social

activities; hotel re,-rvtoI.-.; airplane reservations;

transportation to citir, (z s -);

return transportation

to New York; (quest,1 i, 1,,). J r_i who will accompany)

notify hosts in variour- ciec;

make individual Dusiness

appointlments; determine if' csco:ts are necessary in every


-1 ] ;

5. A.M.A. Conference: ascertain who will attend and number

of days; U.S. Government agencies represented; negotiate

registration fee-,;

check on ispeakers.

6. Chicago arrangements: ChIcago coordination staff; arrival

flight information; income tax forms; arrange for U.S.

Customs Go'irt, sy jispnction; ,iirport reception committee;

chartered bus -

a scenic cruiser; handling of luggage;

pre-registered hotel room, with keys at airport; flowers

in room for ladies; photos and press.

7. Women's Comunittee: chaiz-mn and committee; number involvedl

preference of women; sightseeing plans; chartered bus - a

scenic cruiser; theater/hopping; luncheons; funding


8. Dr. Amnuy's prescntion of slides: to what groups and

when should this be done?

9. Washington Program: how m!any should come to Washington;

do not d ,ii. TI$) , I; '.. 1:7 t Chicago and New York;

arrange for E×x-ip Bai.i

participation; luncheon in State

Department; host; gu, ;;t list; arrange for speaker who

will not duplicate otisr tiSG presentations in Chicago

and New Yo'k; sightsori ,,ng plans.

10. San Francisco andI dol-.Oln: ascertain amount of time,

identity, and interert of each person; develop programs;

May 1.4 deadline of departure from Honolulu.

- ITh -­

11. Miscellaneous: Press releases; Voice of America taped

interviews and USIA filming; Bangkok Bank Ltd. publicity;

houoe organs by individuNl American firms; arrange to

issue per diem either in bangkok or on arrival in Chicago.

Using this basic information, and based on the preferences

expressed by the Thai participants, CIPM prepared a proposed

itinerary and scheduled proposed meetings in Chicago, Detroit,

Pittsburgh, Cleveland, New York,

Atlanta, Fort Worth and Houston.

Proposed meetings were scheduled with Chamber-of-Commerce type

organizat, ions in the respective cities as well as proposed plant

visits to factories and proposed meetings with banks and business


The itinerary and scheduling was worked out by CIPM in

consultations with Paul Sithi-Amnuai and AID/W,

but no contact

could be mnde with Nny of the nrg n i'n.tions or business firms

until the entire proposad progirni nod bLen submitted by Paul

Sithi-Amnuai, and general approval was received from Dr.


in Bangkok.

In a few instances tho personal plans and prearranged

appointments of individul team members caused changes

in the itinerary and scheduling, but as it developed later,

many of the team members never conveyed to CIPM (or to AID/W,

Paul Sithi-Amnuai, or Dr. Amnuay) their personal appointment

schedule. O4any of the ThqI t,,Lm membrs left Bangkok early

and proceeded to Europe to visit other countries en route to

the United States, and consequently were neither informedrar

consulted about their participation in the program until their

- 17 ­

arrival in Chicago. The U.S. itinerary and schedules are shown

in Attachment No. 3. The program was based on the understanding

that the members of the Mission frr'i Thailand would pay the

international travel costs, and AID/i,

on behalf of USOM/Bangkok,

would underwrite all state-side trevel, per diem and contractual

costs. As there were only elev-,r x..t>,-king days in the entire

program, AID/W's Planning Concepi-r proposed large-scale industry

conferences in the key trade and investment centers of Chicago,

San Francisco and New York, with aumiliery visits to some adjacent

cities. Such arrangements would not only have been more economical

and lessen travel, but it wolLi have maximized the use of


Unfortunately, this plan we:u tiot possible when the Thai

team members decided to visit Eln'cp(-,

hen come to the United

States, including Honolulu, jand (itUil Ly to visit Japan. One

reason for the initial entry 0 h i,. ,o was that Dr. Amnuay

wanted the visit to New York to ooineide with the Prime Minister's

trip in New York on May 7, and coi>,ently

he felt that it would

be better not to enter the Uiiitei.i es at New York on April 28.

With over 50 persons (inclarI:Lng dependents) now a part of

the Mission, the long experienco :i CIPM in arranging similar

international activities was an important factor in developing

and implementing the complex , r:;egovnLr; regarding hotels,

local and air transportation, d,t'iibution of per diem and

arranging scores of appointmento vth U.S. business firms and

other details.

Incidently, althcughlthe Thai dependents paid

their own way, the hotel accoa;fo(, i nd transportation

- 18 ­

eservations were made by CIPM, which took considerable time.

Without the expert assistance of CIPM, the logistical aspects

of the Mission would have sufferpd considerably.

The first of the team members were scheduled to arrive

in the mid-afternoon on Sunday, April 28, at Chicago International

Airport. Only four of the Thai arrived as scheduled on April 28.

Others arrived on other airlines throughout the evening and

night, which caused some confusion, as special arrangements had

been made with the U.S. Customs Service and buses had been provided

at the Chicago airport for transportation to the hotel.

A meeting was scheduled early on Monday, April 29, for all of

the team members at which the details of the program were

reviewed.. CIPM had three representatives at this meeting and

the two ArD/W coonrdit i, rs wero 'ii. m present. The schedules

and itinerary were reviewed with all the members of the team

and the sub-groups for visiting Detroit, Pittsburgh and Cleveland

were identified and group leaders appointed.

The smallest group

consisted of four team members who were scheduled to go


Cleveland. The team leader in this case was Major General

Praarn (37).

For this small number headed by a Major General,

it was thought that it would not be necessary to have an American

escort, but in all the other cases an American escort accompanied

each group.

Following are some comment3 about individual parts of the


Group I for the Chicago area was headed by Mr. Suriyon

(21) who generally followed the schedule except that he also met

- 19 ­

with former Governor Kerner who headed the Illinois State Trade

Mission to Thailand about two years ago.

The visit to the

Industrial Park, scheduled for April 30, was a waste of time.

This had been included in the itineraiy at the insistence of

Paul Sithi-Amnusi.

The visit consisted of a bus ride through

the streets in which the Indust- ji !ark was located. The

Industrial Park had been starl,ed ab,ut 60 years ago and was so

completely built up that there; wa:, littl,

the factory fronts along the street.

to see other than

No visits were scheduled

to individual occupants of the [ndu. trial Park.

On the first, full day in Chie,'wo, April 29, the Chicago

Association of Commerce and Industry arranged a luncheon for

the Mission. The host was PLIOCON, Inc., a subsidiary of

Universal Oil Produtct-l Co.

A recepl ion for the Mission was

held that, eveniyg, the hosts beiTg

IMC (International Minerals

& Chemicals Corp.) and Science Rf,.scarch Associates, Inc., a

subsidiary of' IBM. Continent'iiII Nitional Bank and

Trust Company was host, at a lurichuoii for the Mission on April 30.

Mr. Suriyon (21), Chairman of the Mission, was host at dinner

for the Mission on the evening of April 30.

The Voice of

America arranged for a taped interview in

Chicago with Dr. Amnuay

(12) and with Mr. Suriyon (21). Sonn of the information from

these tapes and commentaries based on the tapes were beamed by

Voice of America to the Far East area.

- 20 ­

The Leader of Group No. II, to Detroit, was Mr. Vari (7);

the American escort was Jack Bailhe.

The USIA had arranged for

motion pictures to be taken at the Chrysler Plant on May 3 during

that visit.

Group III to Pittsburgh was headed by Dr. Amnuay (12) and

Walter Coppinger of AID/W accompiniod h1im.

Jack Bailhe also went

to Pittsburgh for the last day. The clim-rx at Pittsburgh was

the meeting arranged under the ILI,-c,[-

of the World Affairs

Council of Pittsburgh of which formor' Ambassador to Thailand,

Max Bishop, is the Executive Director. Both Thai and American

participants of Group III were

end ale,',-,enthusiastic about

the Pittsburgh visit.

Group IV led by Major Genriral Pj'nmimrn (37) was originally

scheduled for fou' members,

Me.:rs. Mcntri, Kiarti, Banasomboon

and Pram .a n. The tei,m was tehe.71e Is ,roceed to Cleveland

on May 1 and to meet with Cleveland World Trade Association on

May 2. Without informing onyiii r . . m mbcrs, Messrs. Montri

(16) and Banasomboon (2/4) da-cidel- 1,)! .o go. Two members,

Messrs. Kia-rti (17) and Priamarn (i ,ire met at the Cleveland

Airport by Goodyear Compny and ttke n -,o Akron.

This arrangement

apparently had been made before they left Bangkok, but they failed

to advise CiPM or Paul Sithi--Amnuti or anyone else of these personal

arrangements. As a consequence, the Cleveland World Trade

Associa ion had a luncheon in honor of' the Thai, attended by

local business leaders, but riot, 3 s:1ngle Thai showed up.


Cleveland visit, in the same imanno.i' i all of the other group

- 21. ­

visits, had been scheduled by CIPM after consultations with

Paul Sithi-Amnuai in New York and approval by cable from

Dr. Amnuay In Bangkok.

General }.Pramnrn (37) was appointed the

Group IV leader at the April 29 Mission orientation meeting.

He and his teammate, Kiarti (17) had a copy of the program and

were aware of the Cleveland ocheditl .

Their later explanation

was that they had made the appointment with Goodyear Company

before they left, Bangkok.

Apparently, they felt no responsibility

for following out a schedule they had not personally and

individually approved, especially since it

interferred with

their business plans.

This w s the only group which did not

have an American escort.

The Mission members assembled in New York on Saturday,

May 4,

anid/or Sunday, May 5, and were guests at dinner on

Sunday, May 5, of' Dr. Chow (33). The Seminar at the American

Management Association, beginning Monday, May 6, and running

through noon, May 8 will b,-, t, -prirately in this report.

Following the Aiericajn Minageimi n, Asociation Meeting on May 8,

several of the Thai Team members left the group on their own.

One is

reported to have gone to the West Coast and another is

reported to have gune to IHoustoi,.

A luncheon for Mission members

was given by the First NatLorw! (iJ ;y Bank of New York on May 8,

and the rest of the day was spenit in

shopping or in individual


Following the A.M.A. Seminar, Group VI, which

consisted of most of the Mis.ion, rmained in the New York area

for individual appointments.

The itinerary for Group VI, as

listed in the attached CIPM program was not followed very closely.

The State of New York Department of Commerce meeting was attended

as scheduled. Member No. 48 (Mr. Boon) went to Bridgeton, New

Jersey, where he visited the food processing plants of Seabrook

Farms Co., Inc. and P. J. Ritter Co.

Member No. 51 (Mr. Seri)

went to J. C. Furniture Co. in New York.

On Friday, May 10, the

only meetings scheduled by CIPM that were actually held were the

Bank of America meeting: the General Motors Overseas Division

meeting, and Fugazy Travel Bureau, Inc. meeting. Member No. 48

(Mr. Boon) traveled to Pittsburgh to see the Heinz Plant on May 10.

Group VII traveled to Dallas, Texas, on May 9 where they

visited Chickasha Cotton Oil Co.

From Dallas and Fort Worth,

they then traveled to Houston where they met with Ashland Oil,

Union Caroide, Gulf Oil, U0nited Cirbon Co. and a chemical rice

milling plant selected by DuPont.

Group VIII to Atlanta was cancelled the morning of Wednesday,

May 8. None of the Thai who were scheduled to go there were

interested in going.

Each of them said that they had definite

scheduled appointments in other places, and they had no interest

in going to Atlanta, Georgia.

Accordingly, the Georgia Department

of Industry and Trade was informed of the cancellation of the trip

by CIPM. The Atlanta trip was scheduled by CIPM when Paul Sithi-

Amnuai insisted that some of the team members visit an industrial

center somewhere in the southeastern part of the United States.

- 23 ­

The itinerary was approved by Dr. Amnuay but evidently the

individual team members were never consulted. It was not until

they arrived in New York on Monday, May 6, that CIPM discovered

there was no enthusiasm on the part of the group to go to Atlanta

and CIPM was unable to make airline reservations until the identity

of the travelers to Atlanta could be established. Paul Sithi-Amnuai

and Dr. Amnuay Viravan (12) agreed to resolve the matter, but

hearing nothing by Wednesday morning, May 8, CIPM called Atlanta

and cancelled the trip. There has been some criticism from the

business c

nity in Atlanta over this cancellation. Paul Sithi-

Amnuai has urfted a letter of apology to the Atlanta group and

sent it to Bangkok with a request that it be sent out over Minister

Pote Sarison's name.

The letter had not been dispatched from

Bangkok at the time or this report.


According to Dr. Amnuay, A.M.A. had originally asked him to

make a presentation in New York at a Management Seminar. When

Dr. Amnuay was developing his idea for an investment mission he

asked Paul Sithi-Amnuai, representative of Bangkok Bank Ltd. in

New York, to find out whether A.M.A. would be interested in

arranging an investment seminar at the time that would coincide

with the visit of the Thai Prime Minister to New York. The threeday

seminar was scheduled for Monday through Wednesday, May 6-8,

1968. Mohammed Z. Khaiser, an A.M.A. Program Director, was given

the assignment of organizing it. A.M.A. identified it as Briefing

- 24 ­

Session No. 2363-01, under the heading of "Thailand-Bangkok, The

Key to Business in Southeast Asia".

Attachment No. 4 is the

schedule for the seminar. Attachment No. 5 is a list of the


The members of the Mission from Thailand, with their

business associations, are listed at the beginning of this report

under the heading, Investment Mission Members. Attachment No. 6


IN PitOGRESS" by H. E. Minister of National Development Pote Sarison.

This was distributed during the sinmirar at the time of Minister

Sarison's speech. Attachment No. 7 is the Registration List of

American busirlessmn who attended the seminar. A fee of $190

for each of these registrants was charged. The list of 78 American

registrants on Attachment No. 7 is the biggest paid attendance

which A.M.A. Vis f-ver had at such a seminar. In the paragraphs

immediately following the roster of members of the Mission, uhich

are contained in an earlier part of this report, reference has

already been made to the A.M.A.

Seminar attendance by the nonresident

Thai members,

for which a -lump sum fee was charged.

A.I.D. officials attending the A.M.A. Seminar were: Messrs. Jack

Bailhe; Louis A. Cohen; Graham Williams; Walter P. Coppinger; and

Belford L. Seabrook. No fee was charged by A.M.A. for these U.S.

Government officials.

In addition, there were a number of others

who attended parts of the session, but who were not charged a

registration fee.

These persons included the press and publicity

people, USIA interviewers, CIPM coordinators, and at least one

American businessman who came with a personal invitation signed

by Minister Pote Sarison.

- 25 ­

h th ...... , . . . .,organized;


the, wrxie,- gfno&r!Ily ,L',Jii,. ;,,] pr ,d and excellent.

The semi niii"u-fiL, ii [),it.fjd . ,. " ,•, h i i ii'ormation to the

participants, BoVh Tha-i ',i ", ... "' pnarticipants individually

expressed themselves as pls<

wi' r.l he rexchange of views and

informfat ion. TI, AH.A. i ,,' , was excellent as were

the accommodO .ions ,fid Ltb tJL r . dK i including luncheons for

all registran1.. The , 'i"aiv:rcP .xcr,-ded the expectations

of A.M.A.

At i,i ,,nt,hrri,- x,, m '' ,- 125 persons aG a session.

Th- ,l i- n i i s+.

"Residence Permits for Businessmen" did not arrive in Washington

until after the close of the A.M.A. Seminar. This was unfortunate

because this airgram could have been a basis for a more complete

discussion of the matter if it had been received earlier.)

One of the speakers, on the first day of the Seminar (May 6)

was Mark Feer, Deputy Assistant Secretary for Financial Policy,

Department of Commerce, who spoke, among other things, on the

Controls and Regulatiorsof the Office of Foreign Direct Investments,

which Office was created on January 1, 1968, as a result of Executive

Order 11387, governing certain capital transfers abroad. Mr. Feer

took a very hard line.

The impression was created among both

Thai and American attendants that authorizations for capital transfers

abroad to Schedule A countries, which exceeded 110% of the

average of each investor fioreigni investments in the base years of

l>65-1966, would be exceedingl] dit'ficult to obtain. After Mr. Feer

left the room, one person comented from the floor that if Mr. Feer's

statement represented the position of the U.S. Government that there

was not much point in continuiLg the seminar and no point in


further discussion about AmericAn investments in Thailand. Several

others expressed themselves in a similar manner.

At this point,

Belford Seabrook made a statement from the rostrum in which he

explained that it was the policy of the United States Government

to encourage economic growth (meaning investments) in the lesserdeveloped

countries (LDCs). He said that this policy had been

enunciated in the President's Statement at the time Executive Order

11387, above mentioned, had been issued. It was also explained

- 27 ­

that both A.I.D. and the Departmmnt of State jointly had a working

agreement with the Department of Commerce under which the Office

of Foreign Direct lnvestirient.- (OFDI) would advise State and A.I.D.

of requests for specific authorioations by American investors to

make investments in the LD( and ,:uld allow time for State and

A.I.D. to make a 3atoament OFPF ,;pporting applications by

American investors, in those cases in which it was felt the

proposed investment supported Amer:can foreign policy in that

individual LOC.

Tt was stated that ,hLs arrangement between

State and A.I.D., on the one hand, rind OFDI, on the other hand,

was working, and that so far, OFDi had been responsive to State

and A.I.D. recommendations. It wns ,emphasizedthat in the case

of investments in Thailand, which ;.,,:u!d require specific authorizations

from OFDI,

Lhe USOM in Bann.)ok should be informed and

USOM assistance s3oliclted so thit the USOM could make known its

support of' the project to AID/W and request thnt AID/W make a

representtiicn to OTF ] )' (- n tie specific authorization.

It was also s gg(. ,-d, in e,, ofhe

those American investors

who are based in the U.S., that ATD/W be informed directly by

the U.S. investor and its eArly assistance solicited while the

project was being developed.

On the last day of the S,-G:mirir (May 8) several of the private

Thai businessmen spoke from the rostrum and presented brief outlines

of investment opportunities in Thailand for which they

would consider having Amtnic,-ri p'i,'tue;.s.

These presentations

were sketchy, contained no detnl.. i

. inancial statistical analyses

that could be of use to competitorLs, and in

essence served chiefly

- 28 ­

to announce that the Thai would like some American investor to

express an interest so that private conversations might be held.

There were several comments from the audience that this was the

first time in AMA seminar experience that specific investment

opportunities had been presented to such a meeting.

Since this

was the last day of the Seminar it is not known at AID/W if any

conversations or meetings resulted from these presentations, but

Dr. Amnuay of BOI offered during the Seminar to undertake, after

his return to Bangkok, to identify and list investment opporbinities

implemented and/or under consideration as a result of the Mission.

Jack Bailhe o1 USCII/Bangkok will forward this information to AID/W

when it becomes available.

Following the A.M.A.

Seminar, Group VI remained in the New

York area and (homip V.r proc:edcd to Texas. The details of the

activities of tlise groups have ilrmod 1 Leeil enumerated. Over

the weekend of Saturday, May 11,

the various groups assembled in


Attnehment Pa, issue by the East-West Center lists the

highlights of the Hawaii 1)i Of;iali,. Atachment 8b is the Hawaii

itinerary. Attachment 8c is the awaii program. Attachment 8d


a memorandum from the Director of the East-West Center to the

Honolulu Conmuittee from the private sector that handled the details

of the program. Item 10 in this Attachment indicates that the

private sector in Honolulu had agreed to underwrite the local costs

for the program.

Three of the Thai members of the Mission--Dr. Amnuey (12),

General Chalermchai (36), and Dr. Sithi-Amnuai--gave an impreosive

briefing to the American business executives on Monday, May 13.

- 29 ­

Informal contacts between the Thai and American businessmen occurred

at the Sunday Luau, during golfing and sightseeing tours, and at the

final dinner on Monday evening, May 13.

In some cases, individual

Thai and American businessmen met for breakfast on Tuesday morning,

May 14, before proceeding to the airport.

Everyone, both Thai and

Americans, felt that the time in Hawaii was entirely too short and

some of the Thai are reported to have discussed possible individual

return engagements to Hawaii in the months ahead. Dr. Dai Ho Chun,

Director of the Institute for Technical Exchange in Honolulu, deserves

a lot of credit for organizing this impressive program in

such a short period of time. None of the U.S. Government officials,

nor any of the CIPM coordinators, accompanied the Mission to

Honolulu. Paul Sithi-Amnuai from New York, however, did make the



The American private sector went all out in extending its

hospitality and cooperation to the Mission. This even applies in

the case of the proposed Cleveland and Atlanta visits which have

already been mentioned in this report.

The coordinating committees

from the private sector in the various cities did an excellent job

in organizing the groups and arranging for individual discussions.

The Thai were very impressed with the interest and attitude of

private sector representatives.

In numerous cases, American

businessmen who had visited Thailand and recalled their pleasant

experiences in that country were anxious to reciprocate. The

natural friendliness of the Thai and the warm reception extended

by their American hosts were manifest throughout the many conferences

and meetings.

- 30 ­


In addition to the luncheons and dinners in Chicago, New

York, and Honolulu, which have already been mentioned in this

report, numerous social gjtaherints were arranged by various

American hosts for the Thai guesLs.

In general, the Thai

business members of the Mission we.e quite affluent, and although

they did not seek out such social amenities, they felt

honored and were generally faithful in attending such affairs.

Although details of business arrangements under discussion were

not revealed, impressions were created at various times that

these social contacts were especially important to the Thai in

their negotiations.


The wives were a very charming and gracious group that

preferred to keep to themselves while their husbands attended

to their official functions.

Exenpt possibly for the complications

and financial transactions rcfut.h

om the airline reservations

and exchanging air tickets, the dependents caused no difficulty.

In each city, American hosLs were vf i-y thoughtful in arranging

many interesting and pleasant social ,vents for the women,


as sightseeing, fashion shoi,r,, muoeums and luncheons.

The wives

also accompanied their husbands to evening social affairs which

made it

much easier for the Americn haosLs to bring their wives

along to help entertain the Thai members of the Mission.


only complaint of the wives mo 0, tiL,they were entertained and

organized too much. Several wive s commented on this point. They

- 31 ­

had expected to meet with friends from previous trips and also

wanted to do some shopping; and the organized tours, fashion

shows and luncheons interfered with some of their personal


One of the Thai women commented that if the women's

program had been limited to a half day in each city, it would

have been more than sufficient.


The USOM/Bangkok authorized a VIP per diem of $25.


was only to be paid to the non-resident members of the Thai

Mission for the period during which they actually accompanied

the Mission and participated in the Mission program. CIPM,

under its contract, was responsible for disbursing per diem,

and it exercised careful accounting controls to insure that all

funds were administeved propriy. The Thai made no comment

concerning per diem, but. in view of the numerous luncheons and

dinners offered by American hosts, the per diem was quite adequate.


Pursuant to the request from USCM/Bangkok that hotels of

reasonable price be obtained, the Hilton Hotel chain, which

provides a discount, was selected. Single rooms in Chicago and

New York were $8, which was a most economical rate in light of

the visitors' $25 per diem. There was some confusion in making

reservations, however, because all of the hotels were booked to

capacity with conventions. The Conrad Hilton Hotel in Chicago

was built prior to 1930 and likewise the Statler Hilton in New

- 32 ­

York was even older.

Although none. of the Thai complained about

the Chicago accommodations, at least one of them refused to stay

at the dingy Statler Hilton in New York and moved to another hotel.

Given the affluence of the Thai members of the Mission, in retrospect,

it might have been better to have obtained better accommodations,

especially because of the Compari3on with the plush accommodations

that were probably made available in Japan.

In Honolulu, the Royal

Hawaiian Hotel ($17422) was selected and so far as is known, these

accommodations were entirely satisfactory to the Thai visitors.


Except for a few minor ailm(,nt , the members of the team and

their dependents enjoyed good health

during the visit. Despite

the time differential on arrival, they appeared fresh and alert

and always seemed wo manife-,t kerm "rterest in the discussions

and activities. This represents i very good performance compared

to other lhrge ,",.

TY, - I"'- prtect the group against any

medical expense, AID/W arrange.x

iiis rance coverage under the A.I.D.

master contract.

The premium of 94.23 per person will be paid to

the insurance company by CTPM.


Attachment 9a is the news release which was issued by AID/W

on April 3, 1968.

This appeared in Tnternational Commerce magazine

and also in other places. Ths. i.nnouncement created considerable

interest on the p;irt of Acier.c:.

_-,linessmen and calls to AIDAW

were made by American business firms who wanted to arrange

appointments; or to entertain the Thai; or to take them to

visit their manufacturing facilities; or to participate in the

A.M.A. Seminar or a combination of these activities.


9b and 9c were released by Oliver Beckman, Inc., the publicity

firm in New York, which had been rettined by Bangkok Bank Ltd.

on behalf of the Thai Board of Investment.

These two news

releases were issued during the first three days of -e program

in Chicago. Attnchment 9c, concerning the "new $100,000,000

fertilizer complex for Thailand" created some confusion.


mentioned by Dr. Chow, advised the AP and Oliver Beckman, Inc.,

that although they had been having discussions with TORC, they

had not finalized their arrangements and the announcement simply

was not true. (Note: I1C currently has the largest investment

survey contract ($360,000) ever issued by A.I.D., to make a

feasibility study in Thailand of several phases of the shipment,

manufacture, distribution and financing of fertilizer and other

agricultural coimmodities that might be useful in

connection with

Agribusiness in the country. The investment determination date

is August 31, 1968.

IMC has not indicated to A.I.D. that this

study has been completed.)

Attachment 9d identifies the seven

occasions on which covor',e of the investment mission by Voice

of America was provided.

In addition to these attachments, USIA

released six major stories consiting of 1,000-2,000 words over

the wireless to their offices in the Far East.

These stories

- 34 ­

formed the basis for translation by local USIA post into the

local languages.

At each USIA post, the local English language

paper normally ran these stories.

Oliver Bpckvn, Inc., is in

process of collecting, for the Board of Investment news clippings

and photographs from newspapers, magazines, and possibly house

organs, and has agreed to send a copy of this to AID/W when it

is completed.

Attachment 9P shows three press clippings from

Honolulu papers.

Attachments 9f and 9g are press clippings from

Pittsburgh papers.

USIA made films in Pittsburgh at the U.S. Steel Corporation,

and in Detroit at the Chrysler Corporation. The early extensive

press coverage quite likely helped to promote the exceptionally

large attendance at the American Management Association Seminar.

The Thai Team members were very receptive to publ.icity and took

full advntqge of every opportunity to exploit it. The Thai

Team brought with them an attractive publicity kit which con-

tained very interesting material. The brochure with photographs

and descriptions of the team members was especially effective

and its presentation was well received by American industry.


With the guidance of AA/PRR, Mr. Herbert Salzman, and under

the direction of Graham Williams, Director, Investment Promotion

Division, Private Investment Center, Office of Private Resources;

Walter P. Coppinger from AID/1's International Training Office;

and Belford L. Seabrook from the Investment Promotion Division,

acted as USG hosts for the Mission and as A.I.D. coordinators for

- 35 ­

the input of the USOM/Bangkok, AID/W, Bangkok Bawk Lti.

in New

York, and the Thai Board of Investment in Bangkok -. n

supervising CIPM. Their activities (i.e., Coppinger bnd Spmbr,:.k),

among oth--r things, included, but was not limited to, the follow r:

insuring compl"i-ce with A.I.D. policy; assirting with qnd qrranging

the contract with CIPM; demloping budgets; kWeping USOM/

Bangkok informed; negotiating with A.M.A.; proparing new release:;

and arranging for publicity through USIA, Voice of Am-ricn and

Oliver Beckman,

Inc.; initiating hotel reservations; hondling

inquiri-s from industry sources and trying ho a tcipate where

problrms might arise.

Through agreement with Dr. Amnuay, the

Thai Board of Investment was to sponsor the MLSii.

, but it was

to be in association with A.I.D. and Bangkok Bank Ltd.


it was clearly understood that the Investment Mission was sponsored

solely by the Thai Board of Investment, AID/W invriably concurred

in the proposed action so long as it did not conflict with A.I.D.


Also because of BOI sponsorship, AID/W insisted that the

proposed program by CIPM receive the unqualifipd .pprovql qnd

endorsement of Paul Sithi-Amnut i in New York and Dr.

Amnuay in

Bangkok before it would permit CIPM to even make contact with

the individual business firms in the proposed program and to

firm up the arrangements.

Although this endorspment of the

program by the BOI did eliminate most of the conflicts and

some of the confusion in the program, nevertheless;, the situations

in Cleveland and Atlanta, which have previously been reported, did


- 36 ­

Two officials from AID/W who accompanied the Mission have

already been identified as Messrs. Coppinger and Seabrook.


were on hand in Chicego to greet the visitors on Sunday, April 28.

Messrs. Coppinger and Seabrook accompanled the Mis.ion from

their arrival in Chicago, on Sunday, April 2-', until their departure

from New York, May 9-10. They did not take part in many of the

split visits nor did they travel to Texas or Hawaii, as this did

not appear necessary. During the program, they remained in close

contact with the Thai Team members and participated in a number

of actions such as orientation exercises; solving hotel problems;

expediting conferer - arrangements; arranging for a public stenographer

to type Thai speeches; escorting delegntes; answering

industry queries; arranging belated plant visits; expressing

A.I.D. appreciation to hosts; finding lost baggage; resolving

misunderstandins; and other such details.

Although they did

not attend every event, one or the other or both covered the

major activities and thus, gave effect to A.I.D. interest and




The USOM/Bangkok requested and urged that the members of

the Mission be invited to Washington, D. C., for a formal

acknowledgment of their visit, as well as for sightseeing, and

both Mr. Bullitt, AA/EA, and Mr. Salzman, AA/PRR, supported this

request. With a total of only 11 working days for the entire

trip, three of which were firmly committed at A.M.A., it was

- 37 ­

obvious, however, that a Washington visit during

nq of these

working days could only be nccommodeted by eenceHii< cut some

other part of a program which the Thai considered ospnti,. nd

of primary interpst to the membprs of th- Mi-ion, rd whir- Ky

this time had bei scheduled nnd c:,nfir.,.i. NW t.-r ....


Amnuai in New York, nor Dr. Atanuay Ltn Bangkow wrr, w.iling to


any of these ess,'ntinls and ATD/W rMeucl-ntly acced~d

to their wishes.

Several T ai did, however, brirg their wivws

to Wqshington for sightseein, during onr weekend.


In programming international nisi tors, it 0; often di fficult

to achieve perfection; some problems are "ound to

ermir and the

possibilities are increased in rropnrti:;1 tc t:e 'itmaor,


stature, affluence, and the rprcgrwm -,plicat..ocz.

prcgram had the potentin] for innuni rb.,ni mahats.

T!" TOMi


the many trinsactions in this qFat mov:.,g v;voir , ynl" two major

disappointments occurred an:d Lho'r Wivcx vee on.y )


t , of smme 32

Thai participants.

These were the abhtetd me,-tngs

. Kifveland

and Atlanta which have previously heen mp0onted.

The st~tur', and

affluene, of many :,f the Thai oustnew:smen wim a:,mpcsed most of th

Mission also gnve them a gr,:.a JL l e ? I atVM, an!d ,.r'ilp:ndrncr.

They were on the trip primari ly to rrsup Wir bagnSSi Sterests,

and the Cl.eve.and und AMlnt, trips


w,,r,-- prorrammed simply did

not fit in with their ovn busiress reqi reflCtiL. Pernmpn thn majcr

difficulty was rooted in the azt that tmre was

no meeting of the

- 38 ­

minds between Paul Sithi-Amnuai in New York and Dr. Amnuay in

Bangkok, on the one hand, and the individual Thai members who

were scheduled to make these two visits on the other hand.


1. The objectives and priorities of each Thai Team member

might have been better and more exactly determined in Bangkok

at the beginning of the exercise.

If this had been done, it

might have pointed up the lack of interest on the part of the

Thai Team members on the visits to Cleveland and Atlanta. This

advance preparation might have included, but not been limited to,

the following:

a. each participant (possibly with the assistance of

a team of management consultants) to enumerate his investment

objectives and priorities,

b. the investment opportunities represented by each

Thai investor needed to be outlined and identified,

c. publicity and/or distribution of the outlines of

investment opportunities should have been made available to

various potential American investors in advance of the arrival

in the U.S. of the Mission members.

2. If the objectives, priorities, desires, and personal

plans and appointments of the members of the Mission had been

collected in Bangkok and sent to AID/W at one time rather than

piecemeal, it is believed that a better planning job might have

- 39 ­

een done.

It would certainly have been possible to have

scheduled the formal luncheon in Washington, D. C., under

such circumstances.

3. The split-city visits mi ht have hon left to the

scheduling contrrctor (in this casr, COM) fI h r than


been rigidly specifipd in ndvonco by he Board

f Investment

in Bangkok. CIPM questioned t,he split-city visto a. the

beginning of the scheduling ,:xrcloo and if th . ha I not been

a rigid requirement, the Cloveland and AtlaK.a visiK would

probably never have been schedul -d.

4. The exact date of departur, from the United States

might have been left open so that those Thai who hd "n

opportunity to visit factory sitKw and to negotato jointventure

agreements might not hav'

had to negotinto against a


Several Thai investors commnted that their rigid

departure date would make it

impossible to complet, negotiations

with American investors.

5. Minister Pote Sarison, concurrently Chairman of the

Board of Investment, might have ndded significantly to the

creditability of the Thai presentations if he had spent more

time at the A.M.A. Seminar and pofitly with the chcf executives

of some of the major American firms intornst-d in Thni investments.



The Minister accompanied the Thai Primp Minister to the

Seminar on May 7, and remained onJy until he had delivered

- 40 ­

his own speech and disLributed a policy statement, which is

appended to this report, Attachment 6.

6. During the A.M.A. Seminar one of the American businessmen

inquired of Dr. Amnuay whether a briefing on the security situation

in Thailand would be given.

On the last day of the Seminar the

security situation wns briefly mentioned by one of the Thai

Government officials, but the casual and optimistic comments on

the matter of security were not convincing, and appeared to bq

an afterthought. This factor, along with Chairman Poto's brief

appearance, may well turn out to be the two most important acts

of omission of the Thai delegation.


Before any conclusions are drawn, an evaluation needs to be

made of the accomplishments of the Mission. The following kinds

of follow-up situations were probably generated or are in the

course of being generated an

a result of this Mission:

1. Individual members of the Mission will have identified

specific American firms with whom they wish to pursue together

possible trade or investment ventures.

Each will probably have

requested the other for information about their companies; about

general conditions in Thailand; and about specific facts on products

or equipment.

2. Some of the Thai members will be interested in a broader

look at the opportunities and the alternatives available in the

United States prior to committing themselves to one American

- 41 ­

partner. They may w8A, i

formation about a particular iJu:v.j;

about firms who operai, in that industry; about the reputh..

of the firms; eligibility of priects in that indus .

'or bi..

Government or World Bank finnnciv,


3. The visit of the Misri .'11 prohn.:i stimulate the

interest of some American companies in learning about, Thai business

potential generally; about invstment climate; about raw materials

availability; about sources of fQnancii'r

and labor.

4. The Mission will have doveiop~d opinions on the effectiveness

of thy preparations made for the visit; the effactivwness of

the Board of Investment and other Thii Governmnnt agrnci,-s in

familiarizing foreign investors with matters in Th'Iland of interest

to such investors; the suitability of arrngements for th. tour

in the United Statrs; the adoquncy of existing institutions to

facilitAte business between Thi ind Americans.

The USOM/Bgngkok within six weeks of the Mission departure on

May 14, will ned to determine those factors, either directly from

Thai Teqm members or indirectly through the Board of Investment or

some combination of these means.

This is not intended, however,

to suggest that communications between private investors in Thailand

and the United Staes be conducted through Thai Government of U.S.

Government channels.

Af nr receipt of th informition from the USOM/Bnngkok

and after receipt of the '"PM report with ! a expenditures involved

in this Mission, AID/W will undertake to make an ,valuation of the


- 42 ­


These additional reports will be needed before this phase

of the mitter can be considered to be complete:

1. CIPM Report per contract

2. Board of Investment Report, including listing of

investment opporltinities resulting from Mission.

3. USOM/Bangkok Report and Evaluation

4. Report of VOA and USIA

5. Press Clippings, HousP Organ Stories and Photographs

6. Summary of Costs and Expenses

7. Final Evaluation with recommendations

- 43 ­

K.- -- ~~.<



*~. .,.,


X.. XX x

, .

Thai land , ".

L 7 17 T I) G .A- .- ,L .

;+;:J:C .'..' ,um.;:iYA'TIO N A (453-i 5-2qO- 161)

-, ,,-r j Private Sector Development

711 1 , 0D 854-50-493-00-69-81

., . , .- 7 .....

L .Coh


,,..... .rd t No.:


(,:ra ft)

C.C ' I S.,,CeL to 5io,, (hio., Day, Yr.) i s c. - 6wO

As reuired___1..._4-24-68 ,nd. 4-28-68 o ic.',

1 ..PA..*I0;: AT STATC . . .'.t (: a ,,.L2 O F ' i'

,i iICwV--- ' I'. Oi O R. - . . .

IMTEI:'iA I 1,AAL L. ELLOPM iNT Cooer-. ,r7 Ciurlar .

lU/I ti.

____ ,_____ l__ nd

,I " i. .Proect/Actvily No. and Title

- .

I 4 i)"-Ii; l- h-:2,(


Private Sector Duveorvrcnt


- . A 4.$1.*.... .4,...

' 'roiri:1of 1. meeLinos and visits in various locations in the U.S. that wil 1

LI, 1c. torv to A. I .D. and the Thai Group. Close contact wi I be maintained

.'.L " , in 1Jinnior this proqram.

,r ce' allo-'inces as nrescribed by A.I.D. to the Thai Groui r{er.4Sers and

,nt thei G(dily ,n customs in the U.S.

.11;dledails of the Thai Group's program during its stay in the U.S., including

rjuz not li - 'L-dto, the fol loi nq duties

t,ri h Thai Croun members with nertinent details of each scheduled meeting

41:i visit.

?rov -1 idc necesary air ' surface transoortation within U.S. as far as ha aii

w'.: Ies s thon first-class when available.

c. t2,a ! ho tel reservations.

. :-,, -- inividul & ornanization to be visited with inforIation about Thai

il ,hnid tie )Ltr' e of the ',isit.

5. '~-ovi< sJch ntn,,r services as requested by A.I.D. to ensure successful accomplish­

(,:n. ,0 : t,;-oqh:', C~c:ectives.

B.T.:,.,, .(d) Duration

of A&&iannn1

(1)(u'N., (.)SM..., ;,.zrField (c) Grad, and/or Slary' (.cir-MonT.Lr)

Project Supe ,isor

3 weeks

A; recu ired Sr)eciai lecturers,

consultants, and

i nstructars

(ut Oy,, Post and Draton of Techn;cions' Services

o accomj-,arv te Grour during its U.S. stay

(21 Acceso io C1G.%if,.d !mformoicn

(4) - r iI11 jIWill Not Be Permittiil to Accompany Technician

C. . n jC .,., f m,',.nical Services

/ ID , .;1, (2) QV Cooperating Counitry - None

1,1 I( A L )IV LO ilk.Ld

R C, T ;,AP EMENT AT! ON vN.jdItu

,uleJ i.. Ilie services crivl.udiin blocke 1vand to be pruicured uurside the Coulljv I ,r Cl w i~., it' vI-.. ,,

A. V siiiy ( e~ciphon

( trne ~r

i. .~-~< C...., ci -(,-pinont and Svpplivt;


(2) By Cooperating Country

3.j,~i.,c~ to. ~ e Agent

nci v ih Cc)wnciJ.I foi- Intorrationnj. Pro z r.1..e.,:~~t

S"rjo r7.. to rgulainns

'iin~Con~i-actcor' s a ~vtcin let-tc-t-Y-e forz±,

o 1 ~ U' ?~,I-., -' "", I- colit,3, witin tlhirt; dxi: a-'er

-1 to 2 J~n .'A. -. t

I .) I' ' ",~A L. TiL A T .1.*r~ PA

i~~~~t I''?JCT '(LCR

., .

L.051 TIC


A . .' 11r-n Oosnrr1r

7.e,.. f ci




In ;,.-b.,

-rse,? 057,f ,k

coI1,-1n It r4 1t-r If

arid cxplumn bvcw


- :;c-u



In Kind

Scippl. Eiy





L .' ! C-,r .~

c 1 pr



C' I' . ____y_ Cov,,,?


. I,:, I tc o% ( l? 'tl r i-. O~..ther. c rc oz.


~ t.fC ~ ~

I,., ~ ~

~ ~ ' ~ irci for,,, _____________ - .____

~ ~ u U,(I ________________

to 4_______ i -;c et d a t



ii i

___ ________

________ ______ -- o

in -_-l. t-.. cGopto'h__erc uinn a


c.~ t± ~ ,uc1~/W>.c:


U~ ~ l -Contrac f wv i~'r U-: ,jw,11 inc' le :Z o f~ .rtC ~

~..c~yce. to ~r- trve Cot s.etd fra atev: c

*~~n . Dmce :O~c Jcr cC ~o'cO~ l

,at, e~ps o~itOJUcJ ,tuGoupt h neiLnbsie.ri

Basic A;,-rcwecnt No. AID/C-d


-C Co:ntrtctor zihall organize ;nd conduct a pro ;rcn -or th T-,rude

d vetmnt Study Group. Th group, composed of approximately 15 of


Tii ' tc,-levl: busz:cz-'rr.ecn and ,ovcrn--,cnt, is comin, to

t1e United Stafes for ,jprcoximatuly two

echaine viewz with

, i:rcL buzincL-.mcnA uhich should lead to increaCd nvC: tmcn t , 0o.L

incrcased trade oppor­

v,..t.:-c., and ar:--zencnts, &icen,.. as well


tuniti b , the two cour.tricz. in aduition, the grou, will be given

.. oortuni;y o-observe selected industries for a mutual exchange of

i . ,'occ o fon..ciplc.

The Cort".:ctcr -s:.hall prfo.-

the following duties:

1. Develop pro-r , of meetings and visits in various locations

In the Uited States that will be mutually satisfactory to

A.:.D. and the Thai group.

Close contact shall be maintained

with ?:C/.2D, in planning this program.

2. Allot poi, diem as prescribed by A.I.D. to the Thai group

mc ber

and gencrally orient them on daily customs in the

United States.

3. Ha-dle all details cornected with the Thai group's progrwa

during its stay in the United States, including, but not

limitud to, the following duties:

a. Furnish the Thai group members with pertinent details of

each scheduled meeting and visit.

. Provice necessary air zaLd surface transportat on (includir.i

We..t Coast to lorolulu),

wh.en avuilable.

c. ;,;akc all hotel reservations.

utilizing Less than first-cllass

4. Suppdly each individual and organization to be visitec by the

Thai group bcrs with information on their purposcs, individual

b~.chk'ounds, an,dan outline of the particular interts of the

irndlviduj as ,:Cll as

he general concept of the A.I.D. management

asslitancc program.

5. Provcie zuch otheIr services as requested by A.I.D. to ensure

of the above stated program object ves.

uccesful accolishment

.%":TICL -T -7

1. Co:"ractor shall provide the services of a project supervisor for

a p2eriod no; to excecd

hree wteeks unless

an extension is


ir writing

by the Contracting Officer.

2. To th ctent possiblo, the project supervisor will accompany the

stay on the United States mainland.. AccordingLy, at any time

Thai group during its

in the location of the project supervisor's home

the Thai group is visiting

o2 busincss, he is authorized to make arrangements for hotel

or no....a pl .ce

with the Thai group. Under such circuim­

acco:T.Lodations for hir.solf along

to per diem, and reimbursement

sta,c the project supcrvisor shall be entitled

therefforc is

authorized hereunder.

3. The project supcrvisor's activities shall be carried out in close

liaison with represcata;ivCs

of the Office of Private Resources, A.I.D.


.:rzn-r Contractor's act~vitle,

in letter-type fc,-,.

be Liu..itt-. to 2C/I2D in 5 copies, within thirty _y; after d~p:.urI o

T.I-,21, Order is effective on April 24, 1968. its term expirez

- :~L*~mM) TM: 1 AM.-: 0:; COST-

Dt ii;t

that the coL.t of work and services to be perforn.od under

T.... G:c:- Ao. . .ill not exceed a total of $39,070.

R imbur c.c;;-"hail be made on an actual direct cost basis, for the work

ana '-crvice p or~o '-.ahrcn=dr, pursuant to the provisions of Art.clL VII

of L- La ic and ,nrd.':;;within the limitations of Appendix A attached

' VII - .. :0... ...

A.n o: $2.6OO will be nade to the Contractor to establih a

working fund, p~ovidea that prior to such advance the Contractor shall submit

'.. acceptable cure~y IPoin to the Conracting Officer. The Contractor shall

submit its

voucher for the advance payment to the Controller on properly

executed Voucher Fona SF-1034 (original) and SF-1034(a) (three copies).




Sponsored By


Royal Thai Government

Bangkok, Thailand

In Cooperation With




Arrangements By




This group is composed of approximately thirty-five top level

private businessmen who will spend some two weeks in the United

States exploring investment and trade opportunities with the

American private sector.

This group is particularly interested in the following:

a) Investigating the licensing agreements or arrangements

and allied relationships of mutual interest.

b) Exploring with lriding U.S. businessmen the potentials

and possibilities of joint ventures and other

investment opportunities.

c) Exploration of the availability of managerial services

and know-how.

d) Observation of industrial processes.

- 1 ­


Period of Visit

April 28 to May 14, 1968

Cooperating Organizations

Mr. Paul Sithi-Amnuai

Vice President

Bangkok Bank, Ltd. of New York

44 Wall Street

New York, New York 1OC15

Telephone: (212) 944-5925 (office)

(212) 369-3424 (home)

Mr. Belford L. Seabrook

Senior Investment Promotion Officer

Office of Private Resources

Agency for International Development

Department of State, Room 2246

Washington, D.C. 20523

Telephone: (202) 383-8639

Mr. Graham Williams, Director

Investment Promotion Division

Office of Private Resources

Agency for International Development

Department of State, Room 2246

Washington, D.C. 20523

Telephone: (202) 383-6796

Mr. Walter P. Coppinger

East Asia Division, A/IT

Agency for International Development

Department of State, Room 1028

Building - SA-5

Washington, D.C. 20523

Telephone: (202) 382-1505

-2 ­

Cooperating Organizations (continued)

Mr. Edwards B. Murray

Director of Programs

Council for International Progress

in Management (USA), Inc. (CIPM)

845 Third Avenue

New York, New York 10022

Telephone: (212) 752-8010

Project Supervisor

Mr. Thomas J. Draper, CIP11

The mailing address for the members of the group while in the

United States is as follows:

(Participant's Name) Thai Mission

c/o rIPM

845 Third Avenue

New York, New York 10022

-3 ­




( 1 2)Amnuary Viravan Secretary General

Board of Investment


(21)Surivon Raiva


The Board of Trade

Deputy Leader

( 3 7)Pramarn Adireksarn President

Textile Manufacturing Association


(1 5 )Sompoon Thepsithar Senior Economist, International

Trade Department, Ministry of

Economic Affairs

(2) Robert B. Papazian Vice President

ITT Far East Bangkok, Ltd.

(3) Thiam Karnchanachari Assistant Managing Director

International Engineering Co.,Ltd.

(4) Sukum Navapan President

The Thai Military Bank, Ltd.

(6) Chamras Chaturabatara Director and General Manager

Krung Thai Bank, Ltd.

(7) Vari Virangkura General Manager

Thai Mercantile Marine,Ltd.

(8) Thaworn Phornprapha President

Siam Motor Company, Ltd.

(ll)Siew Kanchanachari


National Thai Company, Ltd.


(14) Snit Viravan

(16) Montri Sukanit

(17) Kiarti Srifuengfung

(18) Udom Sangkasaba

(20) Pong Sarasin

(23) Baisal Nandhabiwat

(24) Banasomboon Mitrabhakdi

(25) Kraisri Nimmnhaeminda

(27) Chaijudh Kanasuta

(29) Bancha Lamsam

(30) Prakaipet Indhusophon

(31) Damri Darakamanda

(32) Samrit Chirathivat

(33) K. Y. Chow


Viravan Company, Ltd.


Thai Cotton Mill

Managing Director

Thai-Asahi Glass Company, Ltd.

Managing Direccor

Thai Trading Company

Managing Director

Thai Pure Drinks, Ltd.

Managing Director

The Laem Thong Bank, Ltd.

Executive Director

Toray Nylon Thai Company, Ltd.

General Manager

Industrial Finance Corp.,Ltd.

Managing Director

Italian-Thai Development Corp.,Ltd.


Thai Farmers Bank, Ltd.


Karnasuta General Assembly Co.,Ltd.

Managing Dirr _tor

Union Industries Corporation, Ltd.

Managing Director

Central Department Store

(Central Trading Co.)

Managing Director

The Thai Oil Refinery Co., Ltd,


(36) Chalermchai Charuvastr

(39) Sukri Bodiratnangkura

(40) Amphorn Bulpakdi

(44) Y. Boon Tom

(48) Boon Yong Vingnanij

(50) Nipan Benjawilas

(51) Seri Sabchareon

(54) Kamchai Iamsuri

Director General

Tourist Organization of Thailand


Thai Blanket Industry Co., Ltd.

Member - Board of Export Promotion,

Government of Thailand


The Sangkasi Thai Company, Ltd.

Managing Director

L.P. Standard Laboratories Co., Ltd.

Managing Director

Deepwell Drilling & Waterworks

Construction Company, Ltd.

Managing Director

Raja Company, Ltd.

Managing Director

Kamol Kij Company, Ltd.

USOM/THAILAND Representative

(46) P. Bailhe

Chief Private Enterprise Division

U.S.A.I.D. Thailand


(1) Robert C. Bodden

(52) Floyd L. Whittington


Union Carbide Services Eastern, Ltd.

Executive Vic Vresident

Southeast Asia Gulf Company, Ltd.




Sunday, April 28

3:10 p.m. Arrive Chicago, Illinois via

Air France Flight #031 -


Take Chartered Bus to:

RESIDENCE: Conrad Hilton Hotel

720 South Michigan Avenue

Chicago, Illinois

Tel: WA 2-4400

Monday, April 29


(Meeting Room to be announced)

Paul Sithi-Amnuai, Bangkok Bank Ltd.

Belford L. Seabrook, AID

Walter P. Coppinger, AID

Edwards B. Murray, CIPM

John B. Mackie, CIPM

12:00 noon LUNCHEON: Chicago Club

81 East Van Buren

Chicago, Illinois

Tel: HA 7-1825

Arranged in cooperation with -



30 West Monroe Street

Chicago, Illinois

Tel: FR 2-7700

Mr. Thomas H. Coulter, Chief Executive


Mr. Vilas Johnson

-7 ­

Monday, April 29 (continued)


6:00 p.m. - 8:00 p.m. RECEPTION at ­


(Subsidiary, Universal Oil Products Co?)

1111 Mt. Prospect Road

Des Plaines, Illinois

Tel: 827-7777

Mr. M. D. Gilchrist, Chairman

Tuesday, April 30

Mid-America Club

Prudentia1 Plaza

Chicago, Illinois

Tel: 467-6430



(Subsidiary, IBM)

239 East Erie Street

Chicago, Illinois

Tel: WH 4-7552

Mr. J. Naisbitt


OPEN for individual arrangements

resulting from prior meetings.

12:00 noon LUNCHEON with -


231 South LaSalle Street, 23rd Floor

Chicago, Illinois

Tel: 828-2345

Mr. J. Boyd-Simmons,

Senior Vice President

-8 ­

Tuesday, April 30 (continued)

2:00 p.m. Take Chartered Bus to:

Wednesday, May 1



38 South Dearborn

Chicago, Illinois

Tel: RA 6-0135

Mr. J. E. Rice

Executive Vice President

Team will split into four sub-groups

as follows:

Group I - Chicago (see page I-a)

Group II - Detroit, Mich. (see page II-a)

Group III- Pittsburgh, Pa.(see page III-

Group IV - Cleveland, 0. (see page IV-a)

Thursday, May 2


Saturday, May 4

Sunday, May 5

See above group programs

OPEN for Groups I -


Group V arrives New York, International

Airport from Europe

-9 ­

Sunday, May 5 (continued)


Seventh Avenue & 33rd Street

New York, New York

Tel: PE 6-5000

Monday, May 6


135 West 50th Street

New York, New York

Tel: JU 6-8100

Attend AMA Briefing Session #2363.01

Tuesday, May 7

"Thailand-Bangkok, The Key to Business

in Southeast Asia".

9:00 a.m. Continuation of AMA program.

7:00 p.m. RECEPTION (Black Tie) to be held at -

The Hotel Plaza

The Baroque Suite

59th Street and Central Park South

New York, New York

Tel: PL 9-3000



112 East 64th Street

New York, New York

Tel: PL 1-4210

Mr. Kenneth Young, President

Mr. Gordon D.ixon, Director of Development

- 10 ­

Wednesday, May 8

9:00 a.m. Continuation of AMA program.

1:00 p.m. LUNCHEON ­ to be held at and Hosted by -


399 Park Avenue

39th Floor

New York, New York

Tel: 559-1000, Ext. 2854

Mr. Robert E. Grant, Vice President

Mr. Daniel Roberts, Assistant Vice-



Team will split into three sub-groups

as follows:

Group VI - New York (see page V1-a)

Group VII - Texas (see page VII-a)

Group VIII - Atlanta (see page VIII-a)

Thursday, May 9


Friday, May 10

See above group programs.

Saturday, May 11

Departure for Honolulu, Hawaii

- ii ­


Members: 2,15,20,21,25,32,36,40,48.

Wedne:sday, May 1



OPEN for individual arrangements

resultinq from prior meetings.


38 South Dearborn

Chicago, Illinois

Tel: FR 2-6800

Details to be announced

Thursday, May 2

9:00 a.m. Members: 21,32,40 and 48


(Division of National Dairy Products Corp.)

500 North Peshtigo Court

Chicago, Illinois

Te: 222-4600

Mr. H. M. Connelly, Vice President

10:00 a.m. Members: 2,15,20 and 25



231 South LaSalle Street

Chicago, Illinois

Tel: 828-2726

Mr. William Termyn

9:30 a.m. Member: 36


Prudential Plaza

Chicago, Illinois

Tel: 236-5959

- I-a ­

Thursday, May 2 (continued)


Mr. Joseph M. Greeley

Executive Vice President

F, May 3

9:00 a.m. Members: 2,15,20 and 25


5401 Old Orchard Road

Skokie, Illinois 60076

Tel: 966-3000

Mr. Frank J. Tracey

Public Relations Department

9:30 a.m. Members: 21,40 and 48


135 South LaSalle Street

Chicago, Illinois

Tel: 726-6414

Mr. David Tittle

9:30 a.m. Member: 32

9:30 a.m. Member: 36


111 North State Street

Chicago, Illinois

Tel: 781-1000

Mr. D. W. Davidson

Executive Vice President


2101 West Howard Street

Chicago, Illinois

Tel: HO 5-4400

Mr. A.C. Nielsen,Jr., President

- I-b -

Saturday, May 4


Travel to New York City, New York

Details to be announced.

RESIDENCE: Statler Hilton Hotel

Seventh Avenue & 33rd Street

New York, New York

Tel: PE 6-5000

- I-c ­


Members: 7, 18, 23, 30, 51

Wednesday, May 1



OPEN for individual arramgements

resulting from prior meetings.

Travel to Detroit, Michigan

Details to be announced.


Statler Hilton

Grand Circus Park at

Washington Boulevard

Detroit, Michigan

Tel. WO 3-6000

Thursday, May 2

9:30 a.m. Members 7, 18, 23, 30, 51

National Bank of Detroit

International Division

611 Woodworth Avenue

Detroit, Michigan

Tel. 965-6000 Ext. 2456

Mr. Paul Tesorero

Assistant Vice President

Friday, May 3

9:00 a.m. Members 23 & 30

The Chrysler Corporation

International - Personnel

341 Massachusetts Avenue

Detroit, Michigan

Tel. 883-4500

Mr. W. L. Gorman

- II-a -

Friday, May 3 (continued)

Member 18

Fruehauf Corporation

10900 Harper Avenue

Detroit, Michigan

Tel. 921-2410

Details to be announced.

9:30 a.m. Member 51

Edison Factory

Sillcox International

704 N. Clark Street

Algion, Michigan

Tel. (517) 629-2101

Mr. Richard Thompson

Member 7

OPEN for individual arrangements

resulting from prior meetings.

Saturday, May 4


Travel to New York City, New York

Details to be announced.


Stalter Hilton Hotel

Seventh Avenue & 33rd St.

New York, New York

Tel. PE 6-5000



-- Il-b -


Members: 12,14,27,31,33,39,44,50,54.

Wednesday, May 1



OPEN for individual arrangements

resulting from prior meetings.

Travel to Pittsburgh, Pennsylvania

Details to be announced.

RESIDENCE: Pittsburgh Hilton

Gateway Center

Pittsburgh, Pennsylvania

Tel: 3914600

Thursday, May 2


Friday, May 3

Visit arrangements made in cooperation


Mr. Max Waldo Bishop

Executive Director of World Affairs

Council of Pittsburgh

c/o Kaufman's Department Store

400 Fifth Avenue

Pittsburgh, Pennsylvania

Tel: 281-7970

Some of the Host Organizations are:

Carnegie-Mellon University

H. J. Heinz Company

Koppers Company, Inc.

Pittsburgh Plate Glass Co.

United States Steel Corp.

Details to be announced.

- III-a ­

Saturday, May 4


Travel to New York City, New York

Details to be announced.

RESIDENCE: Statler Hilton Hotel

Seventh Avenue & 33rd Street

New York, New York

Tel.: PE 6-5000



- lli-b ­


Members: 16,17,24,37.

Wednesday, May 1



OPEN for individual arrangements

resulting from prior meetings.

Travel Cleveland, Ohio

Details to be announced.

RESIDENCE: Auditorium Hotel

St. Clair Avenue & E. 6th St.

Cleveland, Ohio

Tel: CH 1-5100

Thursday, _May 2

9:00 a.m.

Members:16,17,24 and 37 to attend

meeting as guests of -


690 Union Commerce Building

Cleveland, Ohio

Tel: 621-3300

Mr. Lothar A. Koeberer

Executive Director


Sahara Motor Hotel

Euclid and East 32nd Street

Cleveland, Ohio

Tel: HE 2-0300

Friday, May 3

9:00 a.m.

Members 16 and 24


66 Euclid Avenue

Cleveland, Ohio

Tel: 522-4756

- IV-a ­

Friday, May 3 (continued)


Mr. C. J. von Koschambahr

Saturday, May 4


Travel to New York City, New York

Details to be announced.

RESIDENCE: Statler Hilton Hotel

Seventh Avenue & 33rd St.

New York, New York

Tel: PE 6-5000



- IV-b ­


Members: 2,6,7,8,11,15,17,23,24,25,30,32*,33,36,44,48,50,54

Thursday, May 9

10:00 a.m. Members:6,7,8,11,15,17,23,24,

30,32*,33,36,44,and 50


State of New York

Division of International Commerce

230 Park Avenue

New York, New York

Tel: 679-2244

Mr. Don Rogers

Sr. International Trade Consultant

Mr. H. S. MacPherson


Meeting to be held at -

Chemical Bank New York Trust Company

277 Park Avciiue - Room 335

New York, New York

Tel: 922-3232


OPEN for individual arrangements

resulting from prior meetings.

Members: 2,25,48 and 54 are handling

their own arrangements for

this day.


7 is handling his own arrangements,

and plans to leave for


- VI-a ­

Friday, May 10

9:30 a.m.

Members: 6 and 15


41 Broad Street

New York, New York

Tel: 269-5900

Miss Lillian Jasko

Assistant Cashier

Trade -d Investment

LUNCHEON and continuation of

morning meeting.

10:00 a.m.

Members: 17 and 24


40 Rector Street, 16th Floor

New York, New York

Tel: HA 2-7300, Ext. 2755

Mr. Hayden C. Eaves, Director

Development Far East Operations

10:00 a.m.

Member: 24


Fibers Division

Allied Chemical Building

Times Square

New York, New York

Tel: HA 2-7300, Ext. 425

Mr. David Kolb

Dr. I. Norman

-VI-b ­

Friday, May 10 (continued)

10:00 a.m. Members: 11 and 54


Woodbridge Avenue

Edison, New Jersey

Tel: (202) 549-7200

10:00 a.m. Member: 23

Mr. Salvatore Giordano, Jr.

Vice President


350 Madison Avenue - 4th Floor

New York, New York

Tel: 573-4000

Mr. C. R. Falleta

10:00 a.m. Member: 8 and 30

10:00 a.m. Member: 33


1775 Broadway

New York, New York

Tel: PL 7-4000, Ext. 7601

Mr. G. M. Woodhall

Zone Manager - Southeast Asia


821 United Nations Plaza

New York, New York

Tel: 983-3503

Mr. Frank Crespo

IBM Education Center

- VI-c ­

Friday, May 10 (continued)

10:00 a.m. Member: 36

10:00 a.m. Member: 44


342 Madison Avenue - 4th Floor

New York, New York

Tel: PL 1-3434

Miss Carmen Rodriguez

Executive for Retail Travel

Saturday, May 11


633 Third Avenue

New York, New York

Tel: 551-7000

Mr. R. D. Weinland

General Manager - Overseas

Mexibers: 2,25,48 and 50 are handling

their owp arrangements for

this day.

Member: 32* - was delayed in Thailand

due to unforeseen circumstances

and hopes to join the group in

New York; if so he has a tentative

visit with Macy's, Herald

Square, New York.

Departure for Honolulu, Hawaii

- VI-d ­

Wednesday, May 8


Members: 12,14,18,40,42,46*,54


Travel to Dallas, Texas

Details to be announced

RESIDENCE: Downtowner Motor Inns

10th and Houston Streets

Fort Worth, Texas

Tel: ED 6-2011

Thursday, May 9

9:00 a.m. M,,nbers: 12, 14, 18, and 42


Fort Worth, Texas

Tel: WA 6-0255

Mr. Philip Norris, Jr.


Friday, May 10


Member: 12 and will make their

own arrangements for

individual visits to -




- VII-a ­

Friday, May 10 (continued)

a.m. Members: 48 and 54


Houston, Texas

p.m. Members: 12,14,48 and 54


Union Carbide

a.m. Members: 40 and 42


Fort Worth, Texas

Tel: WA 6-0255

Mr. Philip Norris, Jr.



Member: 18 has made his own arrangements

for this day.

Member: 7 has made arrangements to

leave Group VI ii New York to

enable him to make Houston

visits on May 10th.

Saturday, May 11

Departure for Honolulu, Hawaii

*Note: #46 will be making his own

arrangements, and will be

accompanying various members

of the group during their

individual visits.

- VII-b ­

Friday, May 10


Members: 21 and 31


Division of Cotton Producers Associatior

P.O. Box 2210

Atlanta, Georgia

Tel: 237-2251


Members: 37 and 39


170 Boulevard S.E.

Atlanta, Georgia

Tel: 688-1111


Member: 51


(Sub: Hardway Contracting Co.)

Atlanta, Georgia

Tel: 351-3140

The above three visits were arranged

through the cooperation of

Colonel Harold A. Dye and the


Saturday, May 11

Departure for Honolulu, Hawaii

- VIII-b ­


Briefing Session #2363-01



MONDAY, MAY 6, 1968


9:30 - 9:45 Opening M. Z, Khaiser

Program Director

9:45 - 10:15 Introduction and Highlights

of Thailand Briefing Session

Henry Kearns


Kearns International Inc.

Pasadend, California

10:15 - 11:30 Presentation & Discussion: His Excellency

Government Policies and

Amnuay Viravan

Incentives For U.S. Trade

Secretary General

and Investment

Board of Investment

Bangkl,'h lan

11:30 Short Prpspnttion Pqul inI- nu'

11:30 ­ 11:45 Coffee Bangkok Bink LL, .

11:45 - 12:30 Presentation & Discussion: Charles P. Baswell

Why Invest In Thailand -

Managing Director

Is Bangkok The Key to

PurOlator Inc.

Business In Southeast Asia?

Rahway, New Jersey

12:30 - 1:30 Lunch

1:30 - 2:45 Presentation & Discussion: J. R. Galloway

Union Carbide - A Case

Vice Chairman


Union Carbide Eastern, Inc.

New York, New York

2:45 - 3:00 Coffee

3:00 - 4:00 Presentation & Discussion: Mark Feer

Market Building In Southeu. t

Deputy Assistant Secretary

Asia: Joint Venture In Progress - Finar.ial Policy

U. S. Department of Commerce

Washington, D. C.

4:00 - 5:00 Presentation & Discussion: His l',xc .(2cy'. (12) Amnuny

Legal and Tax Consideration

13 ij~hrt:-Ab t, 'kor

In Doing Business in Thailand Amb',sYfiPor

5/6-8/68 - #2363-01

© 1968AMA -i

W , ., . .'. ,L , ') ] , U

(1) Robrt lloddpn, UC

PquJ Sith-Amnuii

(46) Jack Thilhp

(7) Vnri.



9:00 - 10:00 PresenLation & Discussion: Paul. Sutro

Marketing and Distribution General Manager


Reynolds Foreign Srles, Inc.

Richmond, Virginia

10:00 - 10:05 AMA Welcome to the Prime Don G. Mitchell



American Management Association

10:05 - 10:15 Introduction of the Prime Honorable Eugene R. Black


General Chairman

10:15 - 10:30 Policy Statement by the His Excellency

Prime Minister

Field Marshall

Tharioin Kittikachorn

10:30 - 10:4 5 Response and SLatement by the Honorable Eugene R. Black

General Chairman

General Chairman

10:45 - 11:00 Statement and Introduction of His Ex.cellency

the inister of Ntional Leonard Un:c-r



Embassy of the United States

of Amcrica

Bangkok!, Thailand

11:00 - 12:00 Presentation & Discussion: His Excellency

ThailandL The Key to Business Pote Sarasin

in Southeast Asia

Minister of National Develop:rb.i

ar-d Minister of nconomic Affairs

Bangkok, Thailand

12:00 - 12:30 General Discussion

12:30 ­ 1:30 Luncheon

1:30 ­ 2:30 Presentation & Discussion: Robert Purcell

International Basic Economic Chairman

Corporation - A Case Hstory International Basic Economic Cori

New York, New York

2.30 - 3:30 Presentation & Di.icussion: Mar-o A. DiFederico

Firestone -A %ese Hi tory Presi1ent

Firestone Internat.iona. Ccl, rn

Akron, Ohio

3:30 - 3:45 Coffee Break

5/6-8/68 - //"63-o




3:45 - 4:45 Presentation & Discussion:

_icaProposa For Joint

Venture Operations In Thail.and.


K. Y. Chow

Managing Director

Thai Oil Refinery

Bangkck, Thailand

Sukun Navapdn

Managing Di iector

Thai Military lank

Bangkok, Thailand


Executives from the Private

Sector of Thailand

4:15 - 5:00 Chairnar's Summary

J. R. GalLoi-,ay


MAY '-,1(,


9:00 9:L< Pres ntat-on & Discussion:

Inte2national T3Deh,.)n .

Telera~hCor-oraticon - A

Case Hiscry.

9:45 - 10:2.5 Presentat.on & Discu~sion:

Ezj' t i-an]. nd

Tha.iland Deve looert

John W. Guilfoyle

Vice r-es i dent ,,Group Execut ive

U.S. Defen se Space Croup

InternaT. on E ephone I ?S

Tei~cgri! ?op ort>

New Yor .: ...

Albert H. Ha.-.iltcn

Public Irfozmation Officer

Export -liporZ Lark of the

United State

Washington, D. C.

10:15 - 10:30 Coffee Break

10:30 - 11:30 Presentation & Discu.nsion:

Bankiri Capital and Foreign


11:30 -2OV Presenttt.icn & ,izc;.:sior'

Trede O-oortunities With

Tha -2land

1:0- .._U,,.al. Dis


Harry Ba,.and, Ir.

Executive Vi:e




''1e "a:uf nHa:*ove: Trust


New York, STew Ycirk

Soraporn T ]pi.ha..

Sen.ior Buoomist

internatirnal Trade Dept.

Minis try for

Aco:foJc ffairs

Ea k s 2a a.





Brie fi ; SMsr.onu #2363-0]


Getnral COba.i roai


Special Advaso.r to the President

for SoutheaL Asia --Economic

and Social Development

New York, New York



Vice Chairan

Union Carhidc Eustern, Inc.

270 Park

New York, New York

Co-Chai rmen

C.AK .E&



Mane,.n; Pjre-I o. Secretary General

] rtc'.'cion-al D.visici Board of invest:ent

PurO ator, laxc.

Bangkok, Thailand

9Y/ :w lr. w.cok Avenile

Distini.J d S-aky'


Prime Minis,-r of Thaileni

Gust Socakcrs



Arbas r- orPrea


Royal Mal ERMssy

Firestone Tte:'rmtional Cc.

2300 Kaloa ," Road N.W.

1200 Firestone Parkway

Wa.-:n-o,, . C. Akr'on, Ohio


IL..7. . . "i - .: 1j nt

Day'..f' "r:' '?:r " SW ? .'t '-j­

.%c- .vrc-: H.. er Trust Co.

350 Pprk Averaic

New York, New York Pcicy

U.S. Depar,t nt of Comn:erce

Wahington. D. C.

K. Y. CUM,1 jOHN W. G .I:

ar'n," r ,-or

Vice - . , (.roupE,:cut" .:

:"i Oil r-']r1

U.S. D cn.e S-.,e W r

?'A-D>:' Internati onal 7 n &

, ha I'

P2C }-,,,z ,v.:n,,:

%OA*1 L 1K.



Public Information Officer

Minister of National Doveloprrent

Fxport,-],,iwoi-t Bank of the


United States

Minister for Economic Affairs

Washington, D.C.

Rajdamnern Avenue

Bangkok, Thailand


Pres 1dent SOMPORE TI[11,1'i, TiHAR

Kearns International Inc.

Senior Ecornomst

1000 E. Waui.ut Street Internationa] Trade Dept.

PasaIeu-, Ca].ifornia Ministry for Economic Affairs

Bangkok, Thai] and


Managzlr, Director PAUL S.TII-AMNUAT

Thai Mili'a-- Bank Vice President

Bangkio, Thaland Bangkok Bank, Ltd.

44 Wall Street

ROBE~ft'J'IC?.; INew

York, New York

Chair tmn

Interntio!.nal Basic Economic Corp.


30 EcA:ef'cL er P]aza General Manager

Newq York, U, Vcrk Reynolds Fo"f gn Sales, Inc.

Reyno.JTs Metals Building

HiS E "CEl1.: -11"-]O1kERD UNGER

Richmonl, Virginia

Ar,,bnsF, 1i

Er-... -,,cs of the United States of Aerica DON G. MITCHEll,

Ban:Ik ' oh ICai and Chairman

American Management Association

May 6 - 8, 1968

American Management Association Building

135 West 50th Street

New York, New York



Divis ion Manager


Program Director

Program Director


Program Director

Program Director


Program Director

5/6.8/68 - r.;- I"3­

By 1-.E. Minister of National Development Pote Sarasin

S'3ocl tw

conintm tOl

Llil(SS .- I 'Cl~ U1 iSol~lllli !1 la pccpi~td 1Sp il

a-ccigofr[o n

tol Nillth



Willr 111 II ,,' St t':; (I'l. I:-c dc cil7 o t1c bu, hr too a o

B n~c corss ad . A ic bcane sc a - U as iite c a l

tK ie~oa en ofASh a :ri feeipi of!'u , al ove l theyil-


(11r7 1 w,d! St,


,T1 todefe n;, Ioltls c t also toltake

c :oe ah- tkt: ir IuIe. ptt e oh .Itc'ld aorn regIourS ,7Cile !-mi

uFar a

chi l n

tbie t io te

thc~ ri­


inl byttenc\Ve3.e ini ltv aond

for a~

sbstantia cnlvton, t t- I~i co

from t~w LnS. C o prgressin A,

U V.' eah:- re aj Ati at n o cpiml a nd tnlgy

. ~ ~ 1 9';.... i>; o uar i~ uces..K

Sow~ ~~~~ a. . rcutishsnI.e~dsmi;hn

r ofm tha as a':

siay for~l surce il i! de'. iran


, tothisc.itcto *te sa

N Is I 2 bron i 'iL 'e .. o ~ : bee cs fo' priuncd , mb .t:,,-

h!~v.d the se tlob v,1 hve a

po le to lel th. To ti o ­

of capital, private initiative and ma- ..... First, it mobilized all available

na"crial skill. Obviously, one of the public resources for the proxision of

mot effective \xtys to overcome these basic facilities and scrxices with prioobstacles

flow of prix is to clcoulra,e a greater rity given to irrigation, highways,

ate ii cstmcnt, elcc ' power, communications and

ed,. '0ior c

.Ti. Role ofl' Privte V',terprise

The tlime is no ipe for American .... Second, it developed a proper

The ite i."titls ripef and A erican ... S ,tdv daprmonent.

to c pcraiic iurm e tn rime investment climate conducxe to pri-

Asiano perinte Taclosely with tleir vate initiative and conlidence in all

.Asian partners. Thailand is v illing fields, be it aricl ttire, manufacturing,

to nuke, cxery effort to promote transportation, co,,LCt ion or coinprixate

enterprise with American ierce. This action has been successpart

icipai on that is conducive to its fully taken by maintaining political

as'piration of dc,,elopment.

and ecoiOnlic stability and by mini-

The opportunity for prikate btsiness niim interference from the GoverncofIpriioin

is ltie \ ast and prac- ment.

ht nd aries arc rapidly expandig .... Third, to eicotirage private in-

\xith tie coitiniiiois -change ag in tech- vestment \ith spccial incentives which

i pAmciican

n 1o!y 'id v,ith tile iicrClse ill tile wold signlificnltly' i ,' eCtoe rate

flo of ti ! a id itnvcstmnent. of rettirn on capital outlay. This

move lhas broutght spetacuilar results

..... Second, the Government of

Thailand actively promotes capital

investment in Thailand and Anmericn

participation is most welcome.

Activities have becn launched to

attract investimt with no reservation

or discrimination vith respect to

foreign equity onership or manage-

Furtheirmore, all in estors

under promotion will be granted

substantial tax privileges, namely, an

income tax holiday for five years,

tax exemption on imported machinery,

equipment and raw materials, and

tax exemption on exported products.

..... Third, pra,tically ally economic

activity in Thaik. rld may be eligible

for promotional privileges if it represents

a viable f.roject and a more

or less pioneering cf'urt. Many leading

compani- s are now being

considered for concessions to explore

and develop fhaihid's mineral resources,

ilally,I , zinc de'posits ill tile

Tha iland, a c mntry ihat completed by increasing the rate of gross capitol Nort,. , copper deposits in the

a dccade of dcxJlounct in 1967, formation in the national econo,,ly Northeast, and off-shore till mining

may ' : cited is an outstanding front less than 15 per cent to ,ver in the South. Most reccitly and

exa imple of' Aiian-Anierican private 22 per cent of gross national product pe-rhaps most inmpo rtanit of all, one

coopCratiOn. I)uring the past ten in. tell years.

British arid fi c An,ercatn oil conpanics

years, "lnhilinvi has succeeded in expanini-

have been approved for pe­

its ccoinmic alctivitics while Thedevelopment plan implementation troleurn exploratiua in Thailand.

it tih

4" '.k

/\tL ,

\f'"l % a sound base

for Thailalnd'*. iildutrial foundation.

Today only one qlartcr of th., country's

imports are for capital goods

such as heavy niaclhinry and

transport equipment. Consumer

goods, such as antoiiobiles, a)jlianccs

and apparel, takc a larger share of

imports each gear, but this ,tp is

expected to be ICduced as more

consuror go &(isare produced in the

Agricultural product processing is

the most imaportant single activity in

mannfacturing, accounting for almost

39 percent of total value added by

nanfacturing. This includes rice

milling, other flour niiit;ng, slaughtering,

sugarweaving, lealier tanning,


Other industrial prodlcts of great

significance to the national economy

are oil refinery, paper, steel, gunny

bags, glass sheets and textiles, .of

In 1966 private consumption expen'-

ditures accounted for approximately

71 percent of GNIP or $3 billion.

Per capita private consumption expenditurc

ha:: averaged an annual

growth rate of about 2.5 percent

since 1961 and is now about $88.50.

Average per capita income in S136

per year, (the typical Thai family

numbers about 5).

Private consumnpt ion expenditures,

covering final expenditure by households

and others, for purchase of

goods and services, amountcd to 3

billion in 1966, an increae;.; of 40.5

percent in a six year period.

rhe industrial sector and comsumr

goods market have ilso been growing.

The Thai consunr is bccotnin ,ever

more able to purchzase manufa cttucd

goods, and adjusting his mode of

living and tastes accordingly. N ,­

merous factories have been opwncd

to help satisfy these rising d,

as well as to mnurfacture intermediate

products and upgrade cxport

but the market continues

to grow and new investrent opptunitis

continue to develop.

i 1950, there were fewer than 1,800

privatel held industrialestablishmenis

in Thailand, at the present there ire

more than 17,000. This figure refleets

the Royal Thai Government's

acetive encouragemnent of private Cnt

i se. o r e thmi of U .S. co ­

trprise. More thn 70 U.S. companics

have establi licd olnices, aiiicco;'erill

liatcs,or factories inThai~iland


awide range ofinterc:ts. Photographs

several are shov n in this report.

In 1966, Thailand's principle imports

were petroleum products, vehicles,

machinery, iron and steel, processed

milk and other foods, paper products,

and tobacco.

Bangkok, the capital city with an

expanding population of 2.3 million

lies at the center ef all rail, road, The Promotion of the Indu-trial In- banking institutions are represented

and ,votr -omnninications. It is vestment Act of 1962 pro0.1t;S tax in Thailand including the Chartered

,urroundcd by a rich agricultural and duty fice incentives to many Bank of London, tile Chase Man-

Iloducing r.w ion at tile dclta of the pi'omotcd industries. InI addition, hattan Bank of Nev York, the Bank

hnridrcds of rilcs of Chao Phraya for a nominal fcc, the U.S. Govern- of America, th, I lit,ui Bank, and the

i,,er \,,ite,\i.:ty. Out ,ide laii..iok ,ncut providcs i vewt mint guarantees Bank of Tokyo Ltd.

lie .la;L,:r cities \Nhch '\e p'olise for U.S. conmpauiics aiainst risks of

of I, cominI thriving markets. in-conv,:rtahity, c,:propriation, or Foreign invstors un dertaking inwar.

Furherimore, the U.S. Go- vestments in Thailand can often

Both skilled an1 nush lled labor are vernment has a pro'-ram where' 50 supplernent their own capital and

p!untiful and v,.aLcs are low. Unskilled percent of the cost of a 1easibility technical knowhow from additional

workers 'Ct about '1.00 periliy; "tudy will bc rcimbursed to any sources supplied from within Thailand.

skilled from .. 1.50 to C4. The go- company it the study indicates that

vcrnmcnt does not permit unions,

investment in Thailand will not be


Thai laws ,overning business provide

for sole proprictorship, gen :ral or Thai currency is characterized by

limited lrtnerships, and limited stablq convertability, and price levels

coipanies (corporations). are nearly constant. Many foreign

? -r "" . "2 .. , , C.•

° .

.. ..,, ,. ,," *i 4

1" V.

It is a pleasure to send gieeting.; and dynamic economy. More and more recently arc Union Carbide, Parsons

b,:st wishes to the American Nana- American companis are turning to and Whittemore, Colgate-Palmolive,

eiielnt Association, from your :'Jthsw Thailand as an oasis of stability and Warner Lambert, Corn Products,

countrymeln in the Amekall C.'a i.- orderly growth in the turmoil of Foremost, Gulf Oil, Tenneco Interher

of Commerce il Tha raU.lm Southeast Asia. Thailand's investment national, Union Oil, National Leadits

iILoptlion in 1956 omwc C it ner promotion policies, under tihe able and still the list grows.

las 8,roni today to nearly 300 n;em- administration of Ills [xcellency Pote

'cers. lImtlin the past three years Sarasin, Minister of' National Deve- The old dsertisin, s'lon:m of a well

Erosrh has 1)uen at an :Ilia l rtle lopmcnt and his energetic assistant, known comp;y inmited prospective

of over 25". Dr. Amnuay Viravan, Scretary Gene- buyers to "ask the man who owns

ral of the Board of lnve.,tment, offer one", which applies to this country.

Su,:h strot,, progress is mei ly a re- outstanding adva ntaes to the foreign We in-ite you to ask us for further

liecton of the tremendou, a',,ances investor. Among your own colleagues testimony from our members as to

being made in all sectors ofThailand's who have invested in Thailand why you should invest in Thailand.

iC .. i,,' . -M Tj OF

A .. ~n of

It is a great privilege for me to have from giving a clear and ccncise picture tremendous potential is litera'l- crythe

opportrniy to contribule a of the reginn's economic climate, lis ing out to b,: developed.

ms.CSae in the publication of His Exellency's speech presented a most

Lxcllency, the Minister of National cogent set of reasons for investment It is loped that this invitation from

Dcvelopment NI inistry's famous in Asia, and particularly in Thailand. a corner of Asia will be heard far

adress delivered in New York and wide by private entrepreneurs

rce n!t y.

or advanced econoimics, and that they

With the rapid and sustained growth \kill have the boltdness to explore the

I eirnesi ly hope that this publication in gross national product, impressive r.,ion's vast business opportunities,

i i nd a wide circulation among gaitis in capital formation, the ever a,id the generosity to join hands with

ihe t jusinessmen, bankers and indus- bcadening base of the private sector lI,eir Asian :,luntcrparts in develop­

[ri tsts of, not only the U.S., but aid a multitude of special incentives ng these opportunities as true par*-

AIS oilother t developed nations. Apart fo private investment, Thailand's i:rs in progress.

A wide variety of investment opoi- Permission to remit capital, cart- private industry and business, -,ad

tunities are npen to forci'n enr1- ings and royalitics fronithe invtsi.- the establishment of enterprises in

prencurs in Thailand, and the (,,- meuit in foreign currency. competition withI 'prtmotvd'ind ustries.

vernent, throug.,h the 11o)ard of II- Permission to own lind for car.-y-

Vcsti Ine t, ofrrs the foll owi it inc n- ing on an indutrti:il activity. In addition, it is the Government's

tivcs and sa fc-guztrik; to promotcd * Pelk'csionI to bririg in foreign industrial policy to give top priority to

industrial investors:-

tcclnicia is in excess of immigration


Industries that seek to utilize the

Income Tax holida.y for 5 years * Advice on financial assistance, natural resources of tl-c country

after income or satcs start, either privately or througlh joint to a greater degree.

Exemption from import duties and ventures. Industries that will produce for

business taxes on the machinery exportation.

and materials ncccsa:ry to set up Aside from these privileges, the Thai- * Industries generating employment

a factory. l.,nd Government's policy is explicit of local people.

One-third exemption for 5 years in proN iding protection for the foreign * Industries that will bring modern

fiom impot duties and busine:.s investor. The StatC guarantces against and beneficial technological innotaxes

on raw materials, expropriation or nationalization of vations to Thailand.

. f' 0 °


' !




,-, ) . . ., . ,. -- -( __ _ __ _ _

( 00'

' : ,, , . "

;;in Kraft Paper Co. Ltd.

Siam Inter-Continental



Gunny Bag Factory

,; + .i / -.i



. * *'-*" . ',/ t,

zoJlate-lahnolive Co. Ltd.

Thai-Asahi Glass Co. Ltd.

, r .... i

G.S. Steel Co. Ltd.

-re -c . !--'ri

J.- !71 -

,miAmcrican SelWorks Co. Ltd.


....... ,...-....t,,-.

Firestone Tire Co. Ltd.Tan







. ,

. . .

...... :

Karnasutr Automobile Assembly Plant Thai Oil Refincry Co. Ltd. Paper Factory

II i-Tor'y Textile Mills T'i Mercantile Marine Ltd. Chemical Co. Ltd. ,Sia

(r : c'Y ir t


Asia, with its population of 33

}million pcoplc avn th'-- largest pier

/,.- , '~ " "ia~.,al mn vr in the r ,Em.on.

• \-,,It is a dynamic and apifly xpa nding

market, and one th at gives considcrlble

sccm ityand to foreien

invetors. T!Lis is evidelccd by the

largnnumbu" o.f indrs that hae

} I ,' 2: ?,;., 7{.: :[;,alr:idy : , [,,tra l\-yo e taltn 1 pP-.::u afthese ;itic .... - a numnber

/2 w... vhich doubl..d in I%W coam red to

._.,; ' "'., \,', V.hy n. lt i.,it thi'l d :aid sce ilhe

. Sccreary - Goncra

"awtin, yon at i hnad ' If that's

not posible at precn' , then please

o Ionvr hnve-rnz - nt

write, instrict conflfence, for further Mansion 2, lRajdar morn Av.:, i


_t...-. _..... i~ m to i d a vicc to: Ba gk ThC iJ ,11A.


Briefing Session #2363-01



Jack Bailhe

Burgin B. Coates

Chief Private Enterprise

Vice President


J. Henry Schroder Banking Corp.

United States Operations

57 Broadway


New York, New York 10015

Bangkok, Thailand

AlA/Lou Cohen

Bruce D. Bent II AID Thai Desk Officer

Planning Associate

Department of State

Mobil East Incorporated Washington, D. C.

150 East 112nd Street

New York, New York A./1)/I, Walter 1. Coppinger

1/V East Asi.a Division A/IT

Joseph M. Besso

Aid Stal; ? Department

Royal Thai Consulate-General Washingbon, D. C.

1155 Dorchester Boulevard West

Montreal 2, Quebec "--- Dwight M. Cramer

Country Officer for

Robert C. Bodden

Thai Affnirs


Departmert of State

American Chamber of Commerce

Washington, D. C.

in Thailand

General Manager E. T. Culver

Union Carbide Thailand Ltd.

Manager-Proj. Sls. Intl. Operations

G. P. 0. Box 1254 Koppers Company

Bangkok, Thailand

Koppers Bu:i Iding

Pittsburgh, Per nsylvania 15219

Weston Bourret

Vice President

John G. Day

Utah Construction &

First Fi,-ti onal Bank of Chicago

Mining Company 1)0 A u' ,i ,heA rericas

550 California Street I1V w York , I1kw York 10019

San Francisco, California 94104

Br,..w,?r Del Li nrfr

James E. Boyce

Mariager., Minin, a?,d Exploration

Vice President


Kaiser Cement & Gypsum National "c, Corripany

Corporation ii Broadway

Kaiser Center N(-, York, N,4w York 10006

300 Lakeside Drive

Oakland, California

Charles S. Tkenn.lson

Vice Prs:;ioen t

Dr. Eugenio Castillo International Minerals &

Vice President

Chemical Co.

Phelps Dodge International

485 LexingLon Avenue

Corp. New York, New York 10017

437 Madison Avenue

New York, N.w York 10022

5/6-8/68 - #2363-01




Joseph M. Dunn

Vice President

Walter Kidde Constructors


19 Rector Street

New York, New York 10006

William J. Elliot

Vice President

Crocker-Citizens National


1 Sansome Street

San Francisco, California

Richard A. Fenn

Vice President

The Chase Manhattan Bank

One Chase Manhattan Plaza

New York, New York 10005

Hart Fessenden

Vice President

Asian Division

Bankers Trust Company

280 Park Avenue

New York, New York

David R. Finch

Manufacttrers Hanover

Trust Company

350 Park P--nu

New York, Nt,: york 10022

George F. Fox

Second Vice President

Chase International Investment


One Chase Manhattan Plaza

New York, New York 10005

Fred C. Foy

Chairman of the


Koppers Co. Inc.

Pittsburgh, Pennsylvania 15219

A. Donald Glover

Vice President

Vick International

122 East 42nd Street

New York, New York 10017

Herbert I Goodman

Far East !)ordinator

Gulf Oil corporation

Post Office Box 11.66

Pittsburgh, Pennsylvania

James Graham

Assistant Vice President

Phelps Dodge

International Corporatior

437 Madison Avenue

New York, New York

Robert E. Grant

Vice President

First National. City Bank

399 Park Avenue

New York, New York 10022

J. "R.Hanlon

Manager, Projects

Goodyear International

Corpora ion

1.44 East Market Street

Akron, Ohio bb316

Robert L. Har[er

Consult iat

Castle and Cooke,


96 Skyinadow D[rive.

Stamford, Connecticut

Robe rt D).ii&ien]

Asmsistant, V Prcsident

Fir-t. N1i 1 ,.rnl nk.of Chicago

1290 Avenl,,: ofX the Americas

New York, New York 10019

5/6-8/68 - #2363-01


Paul G. Hickey

Assistant Vice President

Irving Trust Company

One Wall Street

New York, New York 10015

Donald Kru_,or

Senior Staff Consultant

Checchi and Company

815 Connecticut Avenue, Northwest

Washington, 1).C.

Dr. R. A. Hoffman

Simon Lake III


Retg. Admin. Manager - Assistant to Vice President

South Asia


Merck, Sharp & Dohme

Bethlehem Steel Corp.


Bethlehem, Peintiuylvania

110 Church Street

New York, New York 10007 Donald C. Linville

International Trade

Clau:-, 7. Jensen evr Specialist

Gene, ,I ManI . r, U. S. Deparltrent; ol' C, merce

North America Washingf,,on, 1). C.

Thai International

555 Fifth Avenue

C. R. Lovitt

New York, New York 10017 Vice President

Sverdrup & Parcel

Y. J. Johnson International, Incorporated

Vic, President

915 01ive SItri-,t

Bank f"America St. Louis, Mi souri

41 Broad Street

New York, New York

Anthony E. Mansueto

President -

Vice Treasurer

Donald Jones



A. H. M. McNaughton Robert W. Pleasant

Asiatic Petroleum Corporation


1 Rockefeller Plaza American International Oil Company

New York, New York

500 North Michigan Avenue

Chicago, Illinois

D. E. Meads


Delmer C. Ports


Director of Marketing

New York, New York

Atlantic Research Corporation

Shirley Hig{hw.ay aL Edsall Poad

William G. Meeder Alexandria, Viir ia P230

Vice President-Marketing

Vendo International

Dr. Ir. A. P. G. Pyck

7400 East 12th Street B. W. Berenschot Company

Kansas City, Missouri 64126

Management Engi-ners

U. S. Div. of Ruudgevend Bureau

J. C. Moodoy Ir. B. W. Branschot N. V. Holland

Administrative Assistant/

Vice President Mkt.

Charles H. R inbr,:cht, Jr.

Ashland Chumicals Division

Program Maniurer-Executive

Ashland Oil and Refining Company


Post Office Box 1503

IBM Corporation

Houston, Texas 77001 10 Astors lone Sands Point

Port Washington, New York 11050

Jack Morris

Sr. Negotiation Representative

C. B. Robbins

Tenneco Oil Company

Vice President Director of

P. 0. Box 2511 Marketing

Houston, Texas 77001

Oerseas Division

Frocon Incorporated

W. P. Oehler 1111 Mt. Prospct Road


Des Plaines. Ill inois

Rice Mechanization Dev.

Deere & Co.

John Robor ,on

Moline, Illinois

Assin',an. Manar, r - Southeast

Aa . Opu'pa inn;.I

Robert W. Olsen Philrn - 1',rd ; rpration

Assistant Vice President

Bnqk,, 1pmk 50dI ng,

Manufacturers Hanover Trust Company 182 Zonnin: m a

350 Park Avenue Ban;k.k, T lflJn

New York, New York 10022

Tracy S. Park, Jr. DI vi , ,,.',1er

Vice President ,n'Ihn 1)'... -rcntinental Ltd.

Director of Southeast Asia 4ou ..i"S ;p ,-

Operations Mo]in,, Iii niis

Tenneco, Thailand

Box 2511 obnrTh . 21 1]zl rg

Houston, Texas 77001 Corpra r, Mrkting Research

Dep'r t r ,

Union Carbid, Corporation

2T0 Park Avnaio

New York, New York 10017

5/6-8/68 - #2363-0Q - 4 ­


Herman F. Scholtz

Chairman Board

International Engineering Co., Ltd.


John Schuett

Regional Manager -

Sales Financing

Deere & Co.

Moline, Illinois

1Be Frd L. Seabrook

Office of Private Resources

A. I. D. State Department

Washington, D. C. 20523

Peter S. Tvmous

Manager - Intrnatiorial


Philco - Fod Corporation

815 Connecticut Avenue, N.W.

Washin6ton, D. C.

Philip T:idnco

Manager, Finance

Sales and D1vlndpment

Phi]]2ips P}';roleum Company

80 Broadwayl

New York, New York

E. F. Thomas


J. E. 5ciA I. Simulmatics C-.rporatlon

Assistant Vic,e Pr s dent 16 at h-t Stryet

American Express International

New York, New York

Banking Corporat ion

65 Broadway W. P. Thomson

New York, New York Project Administrator -

Cor ercial Dvelopmvnt

Stanley,M. Smith

American Tterruationa]. Oil Co.

Bangkok A.fu',entative

500 N. Mioh igan Avenue

Carhil; - (Tradax)

Chicago, 11ii0is

Carhil] - Traudax Group

Cargill Bul dilg

David M. TcL1y

Minneapolis, Minnesota 55402

Philipp :'rI.n,-rs Division

EngeI hr mi Mii nur. s .9,.

John Ste inlaisur

Chomlal..." :rp.

Staff Execut;e - Marketing

299 Park Av;nue,

Chrysler Curportion New York, Noew York 10017


Post Office Box 85T

Frank H. T

Detroit, Michigun Ansislu;n Vir:, President

Runk .'Amq c.. -v Richard B. Stewart 11 '7',!h( ., I!,

Assistant Vice President Nw Y,. ,,.i York 12004

The Philadulphia National Bank

421 Chestnut Street Iran:u & K[S:

Philadelphia, Pennsylvania 19106 VW, Pr.-:,lrt - Law

ho LI.,' ,r n',, I rp:ration

Joseph V. Guillvun Bethi ,'h', I'..n;/'vania

Vice Presidnt

States Marine - Isthmian

Lawr,.nnta N.

Agency, Incorporated Mar , A.,VL, Africa &

90 Broad Street Midll" ':,, -Ar'.t

New York, New York

Eastman KuIdak Cnp.ny

043 Stat, 00.,

Rochestcuv.. Nw York 10650

5/6-8/68 - #2363-01 - 5 "


Francis E. Wel]enbrink

Assistant Vice President

Chemical Bank, New York

Trust Company

20 Pine Street

New York, New York 10015

Leo G. B. Walt

Welt International Management


112 So. Michigan Avenue

Chicago, Illinois

Floyd L. Wttington

Executive Vice President

Southeast Asia Gulf Co.

(Guli Oil Corporation)

P. 0. Box 163

Bangkok, Thailand

Travis S. Whitsel

Coordinator of Planning

Ashland Chemical Company

Box 1503

Houston, Texas 77001

Thomas Zin w,-

National L'ad Company

111 Broadway

New York, New York 10006

J. M. Zimmrman

Manager-Market Development

Foreign Sales

Ind'l. & Bio Chemicals Department

E. I. du Pont do Nemours & Company

1007 Market Street

Wilmington, Delaware 19898

Robert S. Smith

Special Assistant to the

Vice President - International

Time Inc.

Time & Life Building

Rockefeller Center

New York, New York 10020

Remi Wrona

International Marketing Director

Onan Division

Studebaker Corporation

2515 University Avenue, South-Eas

Minneapolis, Minnesota

Hugh Woodward

U. S. Foreign Service

149 Pelhamdale Avenue

Pelham, New York 10303

Kel Yanato

Vice President

Copley International Corporation

330 Madison Avenue

New York, New York 10017

Bon. Kenneth T. Young


Tho Asia Society

112 East 64th Street

New York, New York

5/6-8/68 - #/2363-01 - 6 ­




A , , I of t!( ( :m r.imict ,f tIhi I nit,' Sit,, in (,,,'rati n uith ft, I'iteirsitlj of Ilatvaii

Office of the Director, INSTITUTE FOR TECHNICAL INTERCHANGE, P. 0. Box 2036, Honolulu, Hawaii 96805

Dear Thai Friends,

Iay 11, 1960

'!clcone to llawaii! I hope your stay here wilL be >Ath enjoyable

and profitable. I'm sorry we wcrc unable to greet you nt the .. irport

in our usual 'H1awaiian style becuse wc couldn't g'et your arrival.


Please take a quick look at your program highlights below, and

read your dctail.-d Hawaii itinerary as soon as possible. You will

also Lid the enclosed leaflets informative. Glance over them at

yuur !cisure.

•'loha -

Dai Ho Chun, Director

3,ridv, INav 12


9:30 a.rm. SIGHT-SEEIHG: Transportation furnished by ITI

Staff. Assemble in the hotel lobby near main


12:00 noon LUNCH: Dr. Dai 11o Chun hosting

1:45 p.m. GOLFING: Businessu.!n hosting


(.or non-golfers)

6:30 p.m. LUAU: Nonarch Room, Royal Hawaiian (Businessmen


Honday lay 13*

030 a.rm. LLava hotel with


!TT,3t f members

9:00 a.rm. EAST-WEST C!:1UE,.: icet and brief Hawaii business

executives. Receive short orientation on Hawaii's

cultural and economic ties in Asia

12:00 noon LUICIL1. lahela Hilton Hotel hosting

'00 p.m. CONSULT.IOJ .- D __".'NT VISITS: Ycur choice

Evening DPARTU ': irs t group to Tokyo

Tuesday, iiay 14 DEPARTURE: Second group to Tokyo

t ,n t-,) v'V ors: r.: Blas , see your separate 1ionday

Sr o -- ,,(o ye low pcape r) ,specially prepared for you.



Thai Trade & Invcs-:i.iont jjizzi3O to the United States

Saturtla', iay 11, 1i3.

Sunday, ia' 12

HON1OLULU AIrPORT: ITI Staff members will MCet and

transport ar-:ivkn2 mcriburs to the Royal laaiiaan

Rotel (Telephone: 92:-7300)

9,30 a.u. 3IC'iT-SEEIUG: Asce.;ble in hatel lobby ne:t to the main

entrance. Leave hoL:ci with ITi Staff mnembers and volunteers

for sight-seemn tour of Llonolulu (drczs inorrally)

ContacL: Dr. Dai :--oChun (Ilome Thone: 32-20u)

12:00 noon LU.CIIEON: l a'un3 Io Restaurant, 3566 llardin Z Ave.

(Telephone: 742-1 7:)

Nos t: Dr. Dai Ho Chun, ITI Executive Director

4 .r.m. '.!',!ALAE GjLF COURSE: Fo: members playing golf

Contact: iir. 7- n. Champion


Honolulu busines-s firms and their rc)rescntativejt­



For neubers not playing golf

Contcst: ITI Sta r. meber7 e and volunteers

(Leave .roi.1 restaurant)

3:30 p.r.l. LUAU (lHawaiian feast): Mlonarch :loom, Royal llawaiian

Hlotel. Dress: inforual (Eawaiian casuals will be


Contact: Hr. licas of Roynl lawaiian Hlotel


llonolulu business firms and the:'r repreocntatives*

"Your hosts -or gol.-inL and luau are. i.mFac, Inc; C. Brewer L: Co, Ltd­

L~e'. Coozc, In:; Di11.ngham Co::porc.tion; Hawaii Hotel Assoc..Lton,

Honolulu I:')n -,o::z3 Co; ahal.i Liltn 7iotel Raiser Corporation; and

Hea-on ci . RPc're .ntativeo o.:" thcee fir;is will be'ith you for

v;e a!, On] at :]uau'. 1i

-:3) jA c.i II)tc, 111 hLu on I 1A',,. .' nc:t to the miain entraaic,2

Lcav LIVh.otk I i th ILTf1'


EAST--k.L..'l CviHTEP.,: .o. .rs;

(SC2 O 10ii'n poe..: ojai decails)


Coo La: i Dr. Fo 1 Chan, ITI Exc:cutivrL LrK ctir)

P'ur;)~ To ii,-e t .' IOUS ill(S S 0 CCCUC A Li .> 0Cc (

in 2outh- Lact :;a "r~eadia'snaz to

brie.f hzec::eCu;:l_

ie:ar IVCSe:,Lnt -irnitiec;

Ln Thaniland: torece.,ivec-~ :):icntation

ane b: L (.m~'u the Eajt- !~CCnICer and(

1.:, -, eUcuL u il busins l)UjfCS si

and L'ii Q-ac fic.j


4 n.

11:) n-oon

Le avc EasL-l!es Lt ( 2 te %'i ih renI)re j n -atL v c:: of7 h ostingr

11.2'~ii h~ine ;.£ K~s

LULI CHI Kahiala MiL tn liote 1 (l1!aialao Rloom)

t:oz: Kaliala II: ,ii 'ncotei (I r Robert Burn.;, General

Hama 1a;c r)


~ ... .~w~ c~xL;LT:TIQJ :Leave withi representat ives

0' liiu"'Lii Zu~cs:rl or plant visitation

:aia1 111ro'Y c. n:ultatiun.;


Cv), t '.ctL: Dr. Dai le Chun on Sunday for appointments


: Le-ave- hotel w7ithl ITI S3tafl members: for

Uiir for first -reu) of m~em.bers)


Depart lonolulu/Tok~yo,


Tic CvJ>;14

DE 2AR.TURE: Leave hotol with ITI Staff member.s for

A a-7:crt (for ru!.ainin- m.embers of llission)

DeparL llonoli].u/Tok:yo, vi:_______________


Ahe armi,


Li-P-L rr

UL,,ta.i'je: cL m-;'rS : IKahala Hl ton Hotel (rsatact: :1irss Kay

LdI c .Die2rTe le pIcr).'c - 742-211) has a spccial

r'ouj. P'lea: See "Lparate pro),,-am (yellow papmer) .-or you--.




\ i ' t of thd, ( 1, tf, I ,( III,' I I ' , ' I , ra imi u if the ( 'uiav'r.sil of Itaivoii

Office of f' ,q Director, INSTITUTE FOR TECHNICAL INT.,CHANGE, P. 0 Box 2036, Honolulu, Hawaii 96805

[.,. ,A : ilVTs.C a::w..OPL")A'iJITES



Presented by the

Thai Trade C: Investment !iission to the United States

ionday morning, Hlay 13, 1960

Asia Room - Jefferson Hall, East-West Center

FIST SESSION: 9:00 - 9:45 A.II.

INTRODUCTIONS ....... .................... .... Dr. Dai Ho Chun

Executive Director, ITIEU.CR

GR1EETINGS ........ ................... .Ambassador Sam .. Gilstra,

Deputy Chancellor, East- !est Center

IL1.AII'S CULTUPAL L ECOIIO1IC TIES IN ASIA . . . . .... . r. i. Tucl:er Grit:

Director, Office of Field Servic_.,

U.S. Department of Comr.,erc!

I.%,AII'S EXPLOSIVE VISITOR INDUSTRY .... ......... ir. Robert 1i. Burns

President, lh~waii llo~oi i',:;_-ociait ic

I'L.II: EAST-WEST BRIDGE ..... ............... . Dr. Dai 11o Chun



SECOIID SESSION: 10:00 - 11:30 ,.

Ii:VZTIUT OPPOTU1, ITIES III THAILAND .. ...... .. Dr. Amnuay Viravan

Secretary-General, Board of Investent, PTG

Director, Technical & Planning Office, PTC

OU.CE. .L ............... ...... Dr. Dai 11o Chun


Ar. John ersch: Vice-President (Enginoeering), Honolulu Iron WJorks Co.

.ir. Iobert -urns: General Iiavager, Eaha!La iilton Iotel

.r 11. E. Champion: ice ,idnt,Dillin:ham Corporation

i:. Leonarrd Gorrell: Vicc-lPresidenL and General iinager, Sheraton 1hawaii

,r lilliL.i Xcnda: Vice-i-cesident (IrodL1ction), C. Drewer C: Co., Ltd.

r. ! obert, Ji: %ice-TIresident Avn7ac .LxLociates

I 1: 'i :,) tiCun: Director, institute for Technical Interchange


"\1 i. .FAST .,NI) \


k itp )',, I 't lti, 1..., W , ''Itit,. I a,:,,1 st,it,' , it , o naItH,,tj it ith tlt,- 1'niivr.sitii (it 1Ifi .ii

Off;ce of the Director. INSTITUTE FOR TECHNIWABL INTERCHANGE, P. 0, Box 2036, Honolulu, Hawaii 96805

jicy 9, l%2

0 1"2M LD

TO: :1r. John Dersch, H1onolulu Iron Works

11r. toberL !'urns, Kahala Hilton

:Ir E. -,.2halaipion, Dill in,ham Corp.

lr. Leonard Corr l1, Sheraton Hawaii

11r . .!illiam cenda, C. ever

'ir r iilisie i'aty , Cistle & CooKe

HIr .,obert E. wAhite, Jr., AmFac

1r. Kxoc'. Tim Yee, ,,aisr Uaaii-Hai


'-hai Trade C Investnent 1 ission to U.S.

1. Itinerar a'nd :aa-;l . Attached are several copies of the "llanWaii

it inerry" for our Thai visitors and maps showing the Location of Hlonday's

etting place.

2. St, a! l . The AID coordinator has informed me that not r.irc'e

fi:n Live (5) a)f thli Thais will be playing golf. All Thai and "host players

are . to Lchidu? teL off titaialae, t the first foursome startii at 2:03 p.r.l.

jniar . r . E . h ci L. W I be I the contact a .!aialae for the he Ltin,,

fi_'s .,11 ;olfin en S.:.5ior f:L tie Thais .'ill be char:-ed to his: accoune and

he will send 11ec tle a ill. (I '10Tore hai,; wish to ,!aIy, s-everal :semiers of tihe

?i nnin Cnmi:itte.- ;an a e:atI thes Oahu Country Club and if - acific

3. :,undiv : u' .i. i U.il1 be in the 'Ilon.. cii Poom11 of the Roy 1z. iI':c iian

-ote! at &:3,; p.m. inforal m iaw Lian wear vill be appropria.te for the.

occasion. A rA:;uIrvdC 4!IL;:ill be set aside for cur Thai guest,: and the

hoscing members (CortaCt: 'Z.LZnS Gf Boydl laWaiian). There will be no

place cards, but I'm sure that you, as hosts, would .:ant to mingle with our

Thai gu:s. (There will p-robably be about the same number of Thai guests and


2oyal 'L,,aian Hotel will send me the bill covering the Thai guests at the

luau. It will al:;o send me a separate bill covering all menbers of the hostin,

firns attending th,. luau (at the reduced rate of $3.CC per person).

"onday' briefin-'. This will be f1o 9:00 -. 11:45 a.m. in the .si,

1oc" of je -fferon 11aill. Aecause of important comr.iitments that m.orning,

neither Governor Su-m'ns noz :iayor Blaisdell can participate in the ceremonies.


,,i,/ 9, 1l76

5. iionda,'s lunch. Kahala Hilton is hosting all the Thais fo" :he

lunch at the L.'aialae Room of Kahala Hilton Hotel. Hosting firms 'who:se members

aLic acteuding the lunch w!ill be billed separately for the lunch (according

to the number a tten, in-) by ihhla ililton.

6. Tiran:sportat Li -,i Thais to Iahala l'ilton. UJil meimbers of the

iost in- firms ,ttendin the lunch. please transport the Thai guests from the

Za-t-Uest Cent:v to R.ih Ia ililton?

7. ihit)av a]t i inCl.i v! ,.its. he Thais 'niil1 be asked on Sunday rmoraing

to desig;nate the i ciuoice oi places to visit and Ziirms with whom they wish to

coniecr (See qua ionnpiL_) . Their Lifsirc.- will b turned over to the reproa,

t:tive s of the hoiti:' ir,, at the iha la lilton lunche on.

. i[i ii vpr [ ,a,~ a; UIVC;Of ~i hatJ.L. '-ilhala lilton 1o1tel is takin'

care of this, which will include lunch at the ilahi'a.a Hiilton.

9. -Lon?',.v evcnin,.'. "onday evening Is presently left open. 7-e won't

Lnow ur.til Sunday r.iornii. ; hoy, many of the Tiais w:;ll leave that evening and

how ma'ny ,,'ill on 'Zue:;da'y. For crotocol reasons, it would be unwise to

ho ;t them tfiicia. lly on Vuesday evening unl,,ss all of them can be taken care

or eithe r in one group or in :soparate a-,mt11 groups. I would welcorme any idea:"

frcm you for fa-i lvvening schedule.

10. Sharn 1 rI t ., in aiccordance kitth your recommenda tions, I will send

you the cost breab!deac (a.11dour fim's pvu-rata share) of the ex.pecnses fur tha

luas , golfing, and aiythin' else that is authiorized by you. I will also send

you the hi1 cover in; your f'.rm members who will have attended the luau.

11. ,7lt slo.t. Hany :iallnd of you have had extensive personal

e:xperienccs with iThais in their awn country and elsewhere. You must have found

,he: warm, friendly, outgoing people. You and your associates mnay find the

enclosed fact sheets interesting an,' helpful.

i.1ah3lo nui los,


Dai Ho Chun, Director

l)U1'y i - 75'i'




Approximately 30 top- level -IKii businessmen wi A visit U. S.

industrial plants aidt buI.sinless firms (]lurinlg a. two-week tour beginning

:\pr'i 29.

1 hec p.o pose if the trade andlt in es tinent :issi on fr'oii Thailand

5s to iniiae dsc'ussi)wS with Li. . loins on possible joint ventures with

buts Incss:!, . inl lhati.iid, ni opportunit~es for inrregisig 'Thlai imnports

of )tbI..... . .;.

i'c \ 181, sponsored by th~e tIu al 'Uha i (_o~erm ite s t~uard of

linvet i . ': 1 in, ,ssor'iation w ilh Ik,.nl kkfl 1'aik l1t(1. o.f N :v Yot'k :.nd the

\ " frl Iiit't'{natiurnial Il.e'elo)pment, will take the groulp tO, se\'ei'a U. S.

Thai entrepreneurs

to visit United States

Interested in discussing joint

ventures, licensing arrangements

Approxinatelv- 40 top leseCl Thai httsinessnen

anid Iakers plan to arrive in

Chicago on April 28 for a two week

,isit to variou,, citie,; in tileU.S.

Nienihers of the group are interested

in diScnssing specific join[ vCnlures aId

lie::asing :irrangelnents. plu, investigating

trade potential with U.S. exporters. The

interests ot the lhai excculives include

fertilizers. plastics, petrochemicals, mining,

cost1ructin, finrancC, food prOIucts,

textiles, glass ald thle electrical equipmeint


The group plans to attend a special

Thillad oriented ellinilar for U.S. busi­

nessmen at ttheAlerican Management

Association in Neo\ York City on May


Since the trip i,hCinug spolsrIed 1y 1thc

Royal Thai (ioernmtent's Board of Iln­

\esticnlt. i associaiion with Bangkok

Mink Litd.. and the Aeency for Inter­

national l)cvclopment, U.S. firms intere',d

in oti ninil a;Idditional inforiation

ahoit tihe group's itinerary should conllalc:

Pal] Sithi-Aninulai. Vice Preddent. Bangkok

Bank Ild.. -1-1 Wall Street. New York.

New York I (lF 7 leleplhone: (212) 944­

5925 or Betlford Seairook. Oflice of Priv\ate

ResoLrces, Agency for Inlernational

Development, \Vashington, I).C. 2213

Telephone: (202) DU 3-8858.


N.. '.. Y o,,r * ,.3N ON * r .A . K UF. kT * NOC, " .. .

746 LEXINGTON AVE., NEW YOR, . N.Y. 10022 _ -. . . ' -. .

for ar,/lr dh:Ii1L cul3l.. .

(212) Plaza .7,.,_0

...... ::, 010se nliitar)' ad Uiplo::,aic ties w.L tne

'd 5..... S, is no.' iuu.:cminga muo: e7ort to strengthun econo..ic

.. 'r willunderway e



A-r.. 28 some 40 Thai lromin.nt business leaders and

T 1;is: n Is s'joascre by the B'Iangkok' Bank and the

1 :{') ' :".: [:t s iboard o 7 Investm7en.t.

- '*.. -:. izfa iand's interest in attracting outside investment,

y >int ventures.

To .Fronst: tzo I o...'.- e

the Thai business community

0 exolore possibilities fo1 all form,.s of technical, industrial

,rd, coo';cration 6 no exchange.

.i. t,,,ik between the U. S. and Thailand.

- o ' . existng trade "

*'.s'.i h s ore7.s of A-'!,iL; i 1 .nusrali2t. have becn arranged

Lisc =ossibe jont ventures in ..ailand. Cities to be visited

....... ,ero:, Cleveland, .\wYork, Atlanta, Houston and


*,'o rtn.

lbI C ,...I

.. .,. .o 1..n s s :;;.I'aa n .\c. York CiYy o "Doting ci;.Cs


. ,..i:.-..I.-,

,;,. ...

• . L . -­

?.rsiacnz on Soutoast Asia. Both tho Princ Minister and :r. Black


d to ;ake major policy staCnSn:s.

S.... mission is that is tnc Ia/n logical base o

.;ra:-or.s U for al' 5ouzheast Asia. The Thais hone to incluae

oor)anies to establish regional sales or administrative

- .... 1";, ,(, ,' 0 . ", 4, ACR*. N. T/ I O O 2.

AV -. N.Y.,,/, i'lrl/,,'r ,1002.

(212) iawl . ... '

,,: a. Uzlard in a -o_.'c "v':a.'c- y Thai and Amrrcre ...

• y .: . :-a.as2-.j d-rector "..w, c. .e-- ,

. -... .. a s Cci:ortic., in Chicago.

.. en: COIm)ex :... sO -'jc:'.. as ..h.. Thai Chemical Inciustri

., ., L a . -.. . .2On) ,:.,...."-y cc- is hoin, 2o-,,,.d beYween

... -"-h:c~--.c_ Loa-., Ltd., J, is to be called the Thai

- " Cc. U ar'r Tc

, co:iex 1i-l b cor..- t edcI aboat four years" .. , Chow

a :iiiavea cai)acit*y to -rodace 3aO,O00 tons per year of


:Il; some 30 other Thai. i-ndustrialists are mceting with.

..... c.'aivcs in Cicao eotroit, Pittsburgh, CieviLund,

S. - . ...........- . to isass doin v=nurcs in .haila.d.

• "..' :.: " 2:- 4._ m e Yor~next ucak to attend a three-day

...• . 00-

," . . . . n:: c no.: i' t a ohorr I and o .u r op T'Ihai

. .. J.--.-...n s Chicao said "..h. ere :wticr ly

_:. . . . - fertiliz er vor~ .- , , Tnc~z noc oedthat ?h .!;af , ;.z

. -


Ao.. i~ra;1 a-u Lcut

I:,-iiity to nrc-cse od-'>Ltir

~: t:.c.c 1: Tohi. " 1 1-1-t-0, no,: ,bot 32 rdl'.ior., bi' lic t

- f~i.OZ t c:::c- on T'haioand "o--' omd Lmlor-.z

C, on Jorc is uotc -'o ti.n:n1e Izarout of -1lh

:n~~~~ In nhC fr.rn6,rnil and ctizr

Ct-r orncrail

of Thaiiand~s Board of investnrent and

-'do :nission, Dr. A nuaL Viravan,


tha I hu Srf ovIrI

'byth docisi.i ; o bul h- fertlilizer ccnn,ex.

;iai Agicultu ra1 Incst -s

Company, Ltd. "a perfect

efjo:ir.' venttura that iuc, have cc,



me to the Unit

Covrnge by VOA Thai Sprvice of the That

Trade and Investmen, Mission to US

On several occasions during 1968 from April 27 through about May 10,

items concerning the Thai Trade and Investment Mission were carried

in the regular VOA Thai News Broadcast.

These items were given priority because of the Prime Minister's visit

to the United States and the close partnership between Thailand and

the United States.

On April 27--carried special concerning the Thai Trade and

Investment Mission visit coupled with the Prime Minister's

visit to the U.S. The program was called "Progress Through


On April 30--carried special interview with Paul Sithi-Amnui,

Vice President of Bengkok Bank Ltd. in New York on objectives

of the Thai Trade and Investment Mission in the U.S. The interview

was done by a VOA man in New York at the request of the

Thai Service here.

On May 2--progrnm entitled "The American Sc4ne." l}Hd a stnt'-men,

from uhe Thai Ambassador to the U.S., which dealt largely with

the Thai Mission group visit.

On May 4--dpvoted complete back half of half hour program to

interviews with Dr. Amnuny Viravnn and Suriyon Raiva from Chlcngo.

On May 6--carried special concerning the Prime Minister's spr'ci].

before the Far East America Economic Industrial Council donling

partially with the Thai Mission to the U.S.

On May 7--had special feed from N.Y. by one of the Thai Sorvicn,

staff on the Prime Minister's special before the AMA. Also had

wrap-up of the AMA Seminar concerning Thniland.

Leonard Robock, VOA Thai Desk


PIi (7

*A' nrlrirr lvo.ilnud rI ien i vsmn n-iir1 nk nr Yor' u'k ;iI tOw f ]III: ti Ir

rn roi!1r to fill Mainlandt Nilt Irv In inteprest Irand llii~i- I vtnpinetl.

iii-snt'4? about i~ltfsipf rippoitiliis at a br~infij 'rho tirfin! ikill w,r' :0ii t 1 Ii in Ih' I ' t>, P

lIonI nv a? Ilie et(h ti Jrs. 1ftoproln Ikll Ie,'leII-v ue '':l

tD 'l, lol" tifI in(Fllit ;osiihln joint vrnt ure Ill Thali. xfi1lto'e r i cd IIii:1 11 M "0u 1uo:H4It 1


Ti,p iit-r'r-it~w lhaa stojpoer Sist iciny-oordlinted by invr-stiii it (htit) nitw';. ItIf, f. III pf rt i

th it\e c enter-s Intitifte ForIterchijal Ex'han~r. minen iiwn'enti'#i, n( w iaw,, fit l Iilin' 'inIilf

;'H ;1S, f Ilhe mkciion are tlip Pti'val Thai (;r'rr- haii m 70005:(,, not the ijr ' 1:11 tiiir 1(if t1i1n': ptl.''' l-I ,;I.

-Il,iflrdof i , nusnir~tin, aF-ovia on with Bangkok bired inl :'ith'', .'\ia, rw.il1c" 1.:1 "'jw

]IOiNOL1'LIJ ADVERT1I'ISERl 'Thursday, May 9, 19ip, C. I oaivtxi's f'

r I~nti of thn' ImF' 'in .'r Slirti',' It;l'

P~ l l wio k pIi '(-t4'IIl of 1 Ii ' ll Ii I'.'i.'i't f'I'T I ii' 'll'Fi

ChIn' ' i \i nf,(111 .l II. !,P( rI*&f t0. (i F

il 11:1111C'll. '.) ItonoirIl t I 1.()I \Vur tIS ( f)

A2i-nI'emlier Thai traide Castle & Cooke, Iic.: J)itt, I Iftr 1. t(;ii:;e, 11l'iisti i ( orpt , iiul tflip H);':

and i'lvestmornt 11i%;onr \':1I Filli.'ijil Crup.: Ifonoluliira)T

i~e ~rwrt~i ie i~~ 'Works Co.,; ah,11F'i

or 1- hing co, riliniteF, ' 7 1e(

ti; for 'IcQlicl I nt I. 1/r ,






" hy 3 0o


Pgh., Pa.


Wants U. S.

Steel Miik

A-7halland Lrade and investmet

survey mission is trying

to interest the iron and steel

industry here in locating

facilities In 1.s country.

Dr. Amnuay Viravian, an advisor

to the mission, says his

country Is working with the

Philippines, Indonesia, Singepore

and Malaysia In the campaign

to attract industy to


Dr. Viravinn, secretary-gencral

of the Board of lnvestmout,

said today the countries

cooperate generally and that

Thailand wants Iron and steel


lie spoke t(' the World

A[d Qv.Council ,',ctcrday and

met with officials 6f several


Dr. Viravian said Koppers

Co. presently has an eightman

team studying the fasibility

of iron and steel opcralions

in his country.

"At present tl,,2 five couitries

do not rave flat steel

making facilities. Wo do produce

some steel products now.

We have the natural resources

such q3 iron ore."

World Aff'irs Council of

.Kaufmnn's 10th Floor

400 Fifth Avnup

Pittsburgh, PA.

A brochure put ouL by the

nus ng claims Bangkk i!

"tile, I LturH gengrai.ic and

business crnter of South East


It mentionl that Thailand

has a favornble invesncnt

climate and wants reional Offices

as well a,; manufacturing

or service factltie:,.


Some Of the ( ad an Th'.1 in

Y i n e hIC; 11 0t5, 0 [ i ' i "

d,(,' fir ,ve',..1 r. tai-fr'c

I,:, 1,xemptip­

P ill lXPft­


-:,, rrgwl~ ; t i*' '- ,

ii,,;ou of


aid th, rigt td bnng il

fortign woker.






*AU .L) .TRr.T


lILY 6 1D60O


pgft., Pa


.Seeks InVestrient

Business leaders from Thil.

land visited here last week

nnl'"r aus pices of the World

aT r'' (.'Ca,'(l o .,

It nn effnrt In drtri{m 'upinvest.

rr'r~t in A market of merely

200 million people, that's all

Anuiuay Viravan. secre.

lary-geleral of Thailand'.,

Roard of Investment. told

a reporter that his soutlcast

Asian country sees rcal

hope in a "common market"

%,ith four other nations, the

Philppines, Indonesia Malay.

sia and Singapore.

Put them all together, It's

an rm prium RA hig BAqth1('

US, but considerably less af.

fluent, with A per'capita In.

come of about $100 a year

right now.

Trhe Thak, iith ASI$1 hilllon

GNP, re maly concerned to

|ld AmerIan imp' lt In.

terested n forming joint yen.

tu re s.In Iheir lan d ." We w int

partners with the herttel hno ,

ogy ," t h e y s y .

Itig obstacles to ettirn: 111.

Investment, ndmits Viravin,

J-9the current low nron a,oi

the pop t.I a tI0 1 non It t

Amerirans' lack of wlt.e

aout T ha iland.

lte n:U lik e. tnn'tA' i'

count~rieT. gvnerl y htli. lm ;'iiiof

itsUndrrfe ard and .

fprtilt l l lr;m d I:n v, i' v

itr (f ric'e it-ii otcl (fwi Ll


O-,I it I, t' -Ind ',',H /

pinealprulh to UliWri ,,..l ~.

yet In,''-'r U;",.

,'I' It

c',ild mi r .1) ,11ll 1, iii, nr

xt nhmer saii gli'iri Ih lead.

World Affairs Council of PIttsburilh

Kqufmnnn's 10th Floor.

400 Fifth Avonus

Pittsburgh, Pq. 15219

llienc'g O. iTh rmuAi h nt,,

Iqa fc iI7 , in I rtr (hri l­

alI n d u %t r y, steel rolling

mills, nuclear power plant and

food processing and t'xtile

making to build on li aricultWral



More Charily?

No S.mle U. S,erriipiser

inT h a i I a n(Ihiv, returned

I1r !itat a rate hctto'" th;Iil 20

por cetlt, "a lc. thn five­

.,IIrpa vkwk piiill ." sa vs

'it Iravan, and III I'Nh I.inteit­

'r a,; 1 ,tI I - whlere it:11

a ivr uin i1vklallk' i'hi..' a

rr', oIe ' ild(IIi ' (lilt )f

O t,x . ,'i'l,,1sri, t.,uil.­

i. \ ,. o , Ili, Ii phal.t' III




w. III

I ,I ti



1 wI : t v :I ti

, ,. I - 1 :,t


I,'l ' , , 1 , t', ,'

, t 1 ,1 ,' t i,

I i w-I Ol,,i c

I , t tll St

I '.p ,i1 ic


1 r I hiti uidrolt l ly b11 t

i lt 'i l %'i Kler.

lilpq IIIllII:r'd t '

l ob {tte Vietl

[si, tI 11,1i1, l 111t ,ipeut 10

le- q1 n f.IIhli, o"th l it on miatter


More magazines by this user
Similar magazines