Team Canada reaches high water mark in Thailand
Prime Minister Jean Chrétien and Team Canada today witnessed the signing of 55 new business deals worth more than $1 billion. This brings the total to 180 new business deals signed during Team Canada 1997 trade mission worth $2.13 billion.
The business deals signed in Thailand include $614.09 million in commercial contracts and $407.74 million in agreements in principle, including memoranda of understanding and letters of intent.
"We are completing our business deals on this Team Canada mission with a bang," said the Prime Minister. "It's no coincidence that today's signings are the biggest yet on the Team Canada trip. Canada has the technology and expertise to become a major player in the Thai market. Our companies together with their Thai partners are setting a pace that will be hard to match."
Companies entering new business relationships in Thailand today represent a wide range of industries and expertise from across Canada. These deals mean new jobs not only for the companies signing deals, but also for their suppliers and other business partners. Many of today's business deals were facilitated by Enterprise Thailand Canada, a Canadian International Development Agency project that supports the formation of joint ventures and technology transfer.
"It is a priority for myself and the Premiers to support Canadian companies in markets like Thailand," said the Prime Minister. "Positioning Canadian companies to take advantage of trade and investment opportunities in today's expanding world markets is what Team Canada is all about."
Details of the deals signed today in Thailand are in the attached backgrounder.
PMO Press Office (613) 957-5555
AGRA Inc., Oakville, Ontario
AGRA Monenco, a wholly owned subsidiary of AGRA Industries Limited,
has signed a memorandum of understanding with Union Energy Co
Ltd. of Bangkok to establish a partnership for the marketing,
management, financing and development of power and infrastructure
projects in Thailand. Under this agreement, AGRA Monenco and Union
Energy will target opportunities for the development, engineering
and construction of power and infrastructure projects in Thailand.
Union Energy is the majority partner of a consortium planning
the 1400 megawatt, US 1.3 billion power development at Hinkrut,
Prachuap Khirikan Province, Thailand. AGRA Monenco will serve
as owners engineer for the project.
Acadian Seaplants Ltd., Dartmouth, Nova Scotia
Acadian Seaplants, manufacturer of seaweed products that employs
100 employees full-time and more than a thousand seasonal workers,
has signed letter of intent with Inter Crop Ltd. of Bangkok to
purchase Acadian Seaplants' products. The agreement is valued
at $1.4 million.
Atlantic Combustion Products, Amherst, Nova Scotia
Atlantic Combustion Products, a manufacturer of the CoMate Combustion
Catalyst that employs about 20 people, has signed a memorandum
of understanding with Asia Combustion Product Co. and the Electricity
Generating Authority of Thailand to begin supplying its CoMate
Combustion Catalyst on a product trial basis.
Aviron (Quebec) Inc., Québec City, Quebec
Aviron Quebec Technical College, which has a staff of 25 full-time
and part-time teachers and provides college level programs in
computer repair, electronics and computer assisted drafting, has
signed a contract with A.L.T. Co., Ltd. of Bangkok to establish
a Thai Technical College in Bangkok. The contract will generate
an estimated $1.5 million over the next few years.
Bayly Communications Inc., Ajax, Ontario
Bayly Communications Inc., a worldwide supplier of network transmission
and access products that employs 25 people, has signed a sales
agreement recognizing Shinawatra Computer & Communications
as its retailer in Thailand. Shinawatra will integrate Bayly's
Omniplexer family of digital transmission products into complete
telecom systems for Shinawatra's local customers. This agreement
is valued at $1 million in annual sales.
Bennett Environmental Inc., Vancouver, British Columbia
Bennett Environmental Inc., which designs manufactures and operates
high temperature waste destruction incinerators and employs 30
people, has signed a joint-venture agreement with Valance Corporation
Ltd of Bangkok to develop a central incineration facility. The
contract is valued at $4 million.
Canadian Airlines International, Mississauga, Ontario
Canadian Airlines International has signed a contract with Commercial
Transport International Co. Inc., a Thai-Canadian joint venture.
Under this agreement, Canadian has committed to use the air cargo
services of Commercial Transport International on routes between
Canada, its Asia Pacific destinations and other routes. The agreement
is valued at a minimum level of $12 million over the next three
years.
The Canadian Chamber of Commerce, Ottawa, Ontario
The Canadian Chamber of Commerce has signed a memorandum of understanding
with the Thai-Canada Chamber of Commerce of Bangkok to co-operate
on the promotion of bilateral trade and investment and to facilitate
business introductions for its members in both countries.
Canadian Wheat Board, Canada
The Canadian Wheat Board, which exports wheat and barley to 70
countries around the world, has signed a letter of agreement with
seven Thai flour mills to target sales in excess of 1 million
tons of wheat over the next five years. The Thai flour mills are:
United Flour Mill Co. Ltd., Siam Flour Trading Co. Ltd., Laemthong
Corporation Ltd., Thai Flour Mill Industry Co. Ltd., Bangkok Flour
Mill Co. Ltd., Nisshin-STC Flour Milling Co. Ltd. and Kerry-Glory
Flour Mill Co. Ltd.. This business is valued at $250 million at
current wheat prices.
Canora Asia Inc., Calgary, Alberta
Canora Asia Inc., which specializes in environmental engineering
with access to 2000 professionals, has signed a letter of intent
with Udonthani Industrial Zone Co., Ltd. (Udon) to design and
install on a turn-key basis the environmental infrastructure systems
for its 160 hectare industrial, commercial and residential development
outside Udonthani in northeastern Thailand. The environmental
infrastructure of the project includes water supply and distribution,
wastewater and solid waste management systems. The project will
be conducted over two phases and involve Canora's environmental/engineering
expertise and local Thai support for the design and construction
of the facilities. Canora and Udon entered into a joint venture
to complete the environmental management plan of the project.
Canora and Udon will also explore options for jointly operating
the installed systems after construction. The agreement is valued
at $8 million.
Challenger Surveys and Services Ltd, Edmonton, Alberta
Challenger Surveys and Services Ltd., a geomatics firm that provides
high-tech services including the development of software for survey
and mapping operations and employs 80 people, has signed a joint
venture agreement with Southeast Asia Technology Company (SEATEC)
of Bangkok to form a company called Geomat International Co. Ltd.
and open an office in Bangkok. This company will market Canadian
geomatics technology and expertise throughout Thailand and Southeast
Asia. The venture could generate revenues of $5 million over the
next five years. Enterprise Thailand Canada, a program funded
by the Canadian International Development Agency, assisted Challenger
to establish the joint venture.
Colco International Industries Ltd., Surrey, British Columbia
Colco International Industries Ltd., which designs and manufactures
complete hydraulic component remanufacturing systems and employs
12 people, has signed an agreement with its joint venture partner,
Metro Machinery of Bangkok, to expand their present facility to
a new location. The expanded facility is also intended to become
a base for expansion of sales into China. The project has an estimated
value of $2 million.
Commercial Transport International (Canada) Ltd., Mississauga,
Ontario
Commercial Transport International, a freight forwarding, logistics
management and distribution company that employs 200 people in
Canada, has signed a memorandum of understanding with CTI Holdings
Co. Ltd. of Bangkok which extends their current joint venture
and establishes a new company in Canada to represent several airlines
as general sales and handling agents. The agreement also calls
for the establishment of a unit in Canada to handle logistics,
distribution and shipping of cargo from U.S. cities through Canadian
gateways (Toronto, Montreal and Vancouver) and Canadian carriers.
DESSAU, Laval, Quebec
DESSAU, a major Canadian engineering firm that employs more than
800 employees, has signed a memorandum of understanding with LVM
Asia Ltd. of Bangkok to pursue contracts in the implementation
of ISO 14000. The two companies have been working closely to secure
engineering and environmental services contracts in the transportation,
water and industrial sectors.
DESSAU has also signed a memorandum of understanding with PTE Engineering Consultants Ltd. of Bangkok to secure an engineering services contract from the Public Works Department of Thailand in the field of bridge engineering. The companies will pursue further contracts in the transportation sector (bridges, roads and railways) with new public and private sector clients. The anticipated revenue, based on a programmed budget, is $8 million.
ECO Process & Equipment Inc., Terrebonne, Quebec
ECO Process & Equipment Inc., which specializes in industrial
and domestic wastewater treatment and employs 40 people, has signed
a memorandum of understanding with UGC Engineering Co. Ltd. of
Bangkok to establish a joint venture to market Eco Process' expertise
in the biological treatment of industrial and domestic wastewater
in Thailand.
EDM Consultants Ltd., Deer Lake, Newfoundland
EDM Consultants, an environmental consulting engineering company
that employs 35 people, has signed a memorandum of understanding
with UGC Engineering Co. Ltd. of Bangkok to pursue business opportunities
in wastewater treatment. EDM expects this agreement could result
in $2 million over the next year.
Edwards International, Mississauga, Ontario
Edwards International, the export sales, engineering and marketing
arm of Edwards Systems Technology (EST), a leading manufacturer
and supplier of fire detection systems with over 1300 employees
in Canada and abroad, has signed a contract with Teeya Master
Systems of Bangkok to sell and install fire alarm systems for
commercial and industrial buildings. The contract is valued at
$12 million over five years.
Elsag Bailey (Canada) Inc., Burlington, Ontario
Elsag Bailey (Canada) Inc., which is wholly owned by Elsag Bailey
Process Automation and employs 550 people in the design and supply
of state of the art control and information systems, has signed
a market development cooperation agreement with Loxley Public
Co., the joint venture partner in Elsag Bailey Thailand. This
agreement will provide investment into Thailand to assist in the
development of business and its execution. This agreement will
also help maintain and increase Elsag Bailey's sales of control
systems in Thailand.
Engineered Aluminum Products Inc., Calgary, Alberta
Engineered Aluminum Products (EAP) Inc., which designs, engineers
and manufactures exterior cladding for commercial buildings and
employs 50 people, has signed a shareholders agreement with Alfab
(Thailand) of Bangkok to pursue business opportunities in the
Southeast Asian construction industry. EAP plans to transfer its
technology, project management and installation expertise to the
new company, to be known as Alfab Engineered Aluminum Products
Inc. (AEAP). AEAP will open an office and begin work in early
1997. The project is valued at $40 million. The joint venture
was developed with the assistance of Enterprise Thailand Canada,
a program funded by the Canadian International Development Agency.
Fording Coal Limited, Calgary, Alberta
Fording Coal Limited, which produces and exports coal from mines
in British Columbia and Alberta and employs 1800 people, has signed
a memorandum of understanding with Thai Special Steel Industry
Co., Ltd (T.S.S.I) of Bangkok for the supply of coking coal to
T.S.S.I's blast furnace/coke oven complex. The contract between
Fording Coal and T.S.S.I is planned for finalization in early
1998, followed by the start up of the complex. This agreement
is valued at $150 million over 5 years.
FRE Composites Inc., St-André est, Quebec
Héroux Inc.'s subsidiary, FRE Composites, which manufactures
filament wound advanced composite conduit system products for
the industrial, utilities and electrical sector and employs 85
people, has reached an agreement to form a joint venture manufacturing
facility in Bangkok with its Thai agent, Fluid Holding Company
Ltd.. FRE Composites Inc. will transfer manufacturing technology
and know-how to the new company to be called FRE Thailand Ltd.,
which will produce Fiberglass Reinforced Epoxy (FREr) conduit
system products for electrical and telecommunications network
and distribution systems in Thailand. The project is valued at
$4.0 million.
Golder Associates Ltd., Calgary, Alberta
Golder Associates, an international consulting firm of over 1800
people, which operates in five provinces and one territory and
specializes in environment, mining and civil infrastructure, has
signed a letter of intent with the Betagro Group of Bangkok to
establish a joint venture company. The new company, BTG-Golder
Environment Company Ltd, will pursue environmental service and
development projects in Thailand and the region with particular
emphasis on the assessment and rehabilitation of water resources.
Golder Associates will help clean up waterways in Thailand using
technology developed with the National Water Research Institute
of Environment Canada. The project is valued at $22 million over
five years. Support for market analysis and the joint venture
between Golder and Betagro was provided by Enterprise Thailand
Canada, a program funded by the Canadian International Development
Agency.
H.A. Simons/Simons International Engineering Ltd., Vancouver,
British Columbia
Simons International Engineering Ltd, part of the H.A. Simons
group of companies which employs 2500 people in Canada, has signed
a heads of agreement with Siam Paper Co., Ltd. of Bangkok for
the construction, training, modelling and operations' assistance
service for a new 350 t/d paper mill to produce coated fine paper
at Sampran. (The paper mill also includes a cogeneration plant,
new effluent treatment system and finishing, converting and maintenance
facilities. Start-up is scheduled for the second half of 1997).
The services are valued at $2.6 million.
Le Groupe CGI, Montréal, Quebec
Le Groupe CGI, the largest Canadian-owned information technology
company with more than 1700 employees in Canada and abroad, has
signed a contract to supply Nakornthai Strip Mill Public Company
Limited of Chonburi with a business system that will support various
activities in a new steel production facility in Thailand. The
contract is valued at $2 million.
InterHealth Canada Limited, Markham, Ontario
InterHealth Canada Limited, which was created to pursue and gain
international contracts for the Canadian health sector firms and
employs five people, has signed a memorandum of understanding
with Kluaynamthai International, a subsidiary of Kluaynamthai
Hospital company of Bangkok, to develop Thailand's first chiropody
clinic. InterHealth Canada has the role of business partner representing
the Mitchener Institute of Toronto and the Toronto Hospital in
this agreement. Within this agreement, Thai professionals would
be trained at the Mitchener Institute with clinical support and
back-up provided by the Toronto Hospital. The project is valued
at $500,000. InterHealth Canada Limited's joint venture company,
Interhealth Neuro-Rehabilitation International (INRI), which includes
McMaster University and Chedoke McMaster Hospital of Hamilton
Ontario, has developed and opened a neuro-rehabilitation clinic
in Bangkok - the first of its kind in Asia - with Kluaynamthai
International.
J.P. ENVIRONMENTAL PRODUCTS Inc., Kitchener, Ontario
J.P. ENVIRONMENTAL PRODUCTS, which specializes in the design and
manufacture of noise and vibration control products and employs
20 people, has signed an agreement with Enviro-Tech Engineering
Co. Ltd. to form a new joint-venture company J.P. Environmental
(Hong Kong) Ltd.. J.P. Hong Kong will appoint Tebaaf Company Ltd.
as JPEP's agent in Thailand to pursue business opportunities in
the expanding noise control products markets in China and Thailand.
Enviro-Tech has acted as J.P. ENVIRONMENTAL's licensee in Hong
Kong and China for seven years. The joint-venture could generate
revenues of $4 million.
JetForm Corporation, Ottawa, Ontario
JetForm Corporation, which develops web-based and client-server
electronic forms software products and services and employs 425
people, has signed an agreement appointing Metro Systems Corp.
Ltd of Bangkok as its regional distributor. The agreement is valued
at $337,500 (US$ 250,000) for the first year.
LanSer, Westmount, Quebec
LanSer, which researches and develops wireless communications
products and employs 75 people, has signed a letter of intent
to form a joint venture with Spec Thai Public Company Ltd. of
Bangkok to introduce the Cellpac wireless credit card payment
system in response to the demand of merchants, banks and credit
card holders in Thailand. The project is valued at $52 million.
Millennium Gold Corporation, Montréal, Quebec
Millennium Gold Corporation, which acquires and develops gold
mining properties in Southeast Asia and employs 18 people, has
signed a contract formalizing the acquisition of M.G. Siam Mining
Co. Ltd. of Bangkok. This agreement represents a direct investment
of $2.55 million.
Millennium Gold Corporation has also signed a contract with Padaeng Industry Public Company Limited of Bangkok for the exploration and development of gold projects contained in 35 exploration licenses in northern Thailand. The contract is valued at $13.5 million.
Miranda Technologies Inc., St-Laurent, Quebec
Miranda Technologies Inc., which develops and markets a wide range
of digital video interfaces for professional video and broadcast
production, has entered into a strategic alliance agreement with
Caveman X of Bangkok to expand the distribution of Miranda's products
in Thailand. The alliance is valued at an estimated $500,000 in
its first year.
mitec telecom inc., Pointe Claire, Quebec
Mitec telecom inc., which designs and manufactures subsystems
for terrestrial microwave, satellite and cell-based communication
systems and employs 225 people globally, has signed an agreement
with Microwave Technology Corporation of Bangkok to expand their
manufacturing centre for microwave ferrite components for global
distribution and sale. The project is valued at $2.5 million.
In addition, mitec telecom inc. has signed an agreement with Technology Gateways (Asia) Co. Ltd. of Bangkok, Thailand, to supply a Satellite Earth Station Remote Monitor and Control System (RCMU). The initial phase of this program amounts to approximately $200,000 with an option to supply at least double this amount in the next expansion phase slated for later this year.
Nalley's Canada Limited., Delta, British Columbia
Nalley's Canada Limited., a processor of North American style
snack foods that employs 200 people, has signed a memorandum of
understanding with Osotspa Co. Ltd. of Bangkok to market each
others' products and to pursue the possibility of creating a joint
manufacturing facility. The agreement is expected to generate
$32 million in revenues by the year 2000 from the sale of snack
foods and energy drinks in both countries. Enterprise Thailand
Canada, a program funded by the Canadian International Development
Agency, was of critical assistance for Nalley's to enter the Thai
market.
NII Norsat International Inc., Vancouver, British Columbia
NII Norsat International Inc., which designs, manufactures and
distributes electronic products used in satellite communications
and cable TV systems and employs 150 people, signed a memorandum
of understanding with Samart Cable Systems of Bangkok to distribute
Norsat's products throughout Thailand and Southeast Asia. The
two companies are also contemplating licensing and manufacturing
arrangements which would involve technology transfer, training
and job creation. Norsat and Samart were introduced by Enterprise
Thailand Canada, a program funded by the Canadian International
Development Agency.
Norwest Labs, Edmonton, Alberta
Norwest Soil Research Ltd., operating as Norwest Labs, which provides
analytical and advisory services and employs 200 people, has signed
a joint venture agreement with the Premier Group of Companies
of Bangkok to offer laboratory services throughout Southeast Asia
for environmental and agri-food analysis. The company created
through this agreement, to be called International Quality Assurance
Laboratories, will transfer scientific technology in the areas
of environmental management and laboratory techniques. The project
is valued at $2.5 million. The development of this joint venture
was assisted by Enterprise Thailand Canada, a program funded by
the Canadian International Development Agency.
NOVAMMAN International Inc., Toronto, Ontario
NOVAMMAN International Inc. has signed a joint venture agreement
with the Betagro Group of Bangkok to establish a network of analytical
laboratories specializing in food quality and environmental testing
in Thailand and eventually throughout Asia. NOVAMMAN employs approximately
500 people and has six laboratories in Canadian cities as well
as in Mexico and Eastern Europe. NOVAMMAN will make an initial
investment of $2 million in the laboratory network. The agreement
is valued at $10 million. The partners were introduced by Enterprise
Thailand Canada, a program funded by the Canadian International
Development Agency.
Northern Telecom Ltd., Brampton, Ontario
Northern Telecom Ltd. (Nortel), which designs, builds and integrates
digital networks for a variety of applications and employs 65,000
people, has signed a contract with Wireless Communications Services
(WCS) of Thailand to design and implement the largest Nortel Personal
Communication Network (PCN) in Asia to date. The project is valued
at $200 million, of which about 50 per cent is Canadian content.
Nova Pole International Inc., Vancouver, British Columbia
Nova Pole International Inc., a corporate group which has developed
a high volume turbular steel pole production technology, has signed
a joint venture agreement and equipment supply contract with NSPM
Group Ltd., MCI and Siam Steel Gratings for the establishment
of Eastern Steel Pole Ltd., a semi-automated, steel pole production
project. The project is valued at more than $17.55 million (US$13
million). It will be situated in the Hemeraje Industrial Estate
on the Thailand Eastern Seabord and will supply and support infrastructure
development in Thailand and surrounding ASEAN countries.
Orion 2000 Technologies Ltd., Richmond, British Columbia
Orion 2000 Technologies Ltd., which is developing a global interchange
network for the Member Banks of the Association of Development
Financing Institutions in Asia and the Pacific (ADFIAP), has signed
a memorandum of understanding with the Industrial Finance Corporation
of Thailand for an A-net network and secured electronic commerce
products. The agreement is valued at $10 million.
Polar Bear Water Distillers Mfg. Co. Ltd., Pickardville, Alberta
Polar Bear Water Distillers, which manufactures water distillation
equipment for residential, commercial and industrial use and employs
80 people, has signed a contract with Omniact Co. Ltd. of Bangkok
for the purchase and distribution of Polar Bear products for 1997.
The project is valued at $200,000.
Pro Form Feeds Inc., Vancouver, British Columbia
Pro Form Feeds Inc., an animal feed supplier with 300 employees,
has signed a memorandum of understanding with Betagro Group of
Bangkok to supply pet food for the Japanese and Southeast Asian
markets. The agreement is expected to lead to the eventual establishment
of a $25 million joint venture pet food manufacturing plant. The
project is valued at an estimated $100 million. Enterprise Thailand
Canada, a program funded by the Canadian International Development
Agency, provided preparatory assistance in the initial stages
of this agreement.
Roadware Corporation, Paris, Ontario
Roadware Corporation has signed an exclusive four-year distribution
agreement with InfoHitech Co. Ltd. of Bangkok. InfoHitech will
use Roadware's Automatic Road Analyzer (ARAN) van to create video
image databases of roads and surrounding features throughout Thailand.
It is expected that these databases will be utilized by government,
real estate agencies and the travel industry. The first phase
of this agreement is worth $607,500 (US$450,00).
Shooting Star Technologies Inc., Calgary, Alberta
Shooting Star Technologies Inc., which markets the expertise of
the Gimbel Eye Centre in Calgary, signed a joint venture agreement
with Asoke Sin Co. Ltd. of Bangkok to build a laser refractive
eye surgery centre in association with the Rutnin Eye Hospital
in Bangkok. The new joint venture company also intends to open
centres in other Thai cities to offer a full range of ophthalmic
services, including cataract surgery. The project is valued at
$10 million. The partners were introduced by Enterprise Thailand
Canada, a program funded by the Canadian International Development
Agency.
SPL Coatings Technology, Burnaby, British Columbia
SPL Coatings Technology, which specializes in specialty plastic
coatings and employs 30, has signed a memorandum of understanding
with Inter Far East Engineering Public Company of Bangkok that
is expected to lead to a joint venture manufacturing plant to
blend specialty plastic coatings for sale in Thailand and the
region. Other facilities are also planned to refurbish office
equipment using SPL's proprietary technology and to conduct research
to develop paints and coatings for the automotive and related
industries. The project is valued at $15 million. The partners
were introduced by Enterprise Thailand Canada, a program funded
by the Canadian International Development Agency.
Spar Aerospace Ltd., Ste. Anne de Bellevue, Quebec
Spar Aerospace Ltd. has signed a contract with the National Research
Council of Thailand, through the Canadian Commercial Corporation,
to construct a remote sensing satellite system to the specifications
of the Thai government. The contract is valued at $155 million.
Survival Systems Group Limited, Dartmouth, Nova Scotia
Survival Systems Group Limited, which provides basic sea survival
training and employs 20 people, has signed a memorandum of understanding
with the National Petrochemical Public Co. Ltd. of Bangkok to
establish a joint venture to operate a survival training institute
to serve Thailand and other countries in Southeast Asia. This
project is valued at $10 million.
TransCanada, Calgary, Alberta
TransCanada, which transports and markets natural gas in North
America and employs 2500 people, has signed a memorandum of understanding
to undertake a feasibility study to establish a joint venture
with the Petroleum Authority of Thailand (Bangkok) for the construction
and operation of a refined product pipeline. The eventual project
has a positive value of $1 billion.
Telesat Canada, Gloucester, Ontario
Telesat Canada, Canada's domestic satellite operating company
with over 400 employees, has signed a contract with Asia Broadcasting
and Communications Network Ltd. (ABCN) of Bangkok whereby Telesat
will control and operate ABCN's L-STAR Satellites for a period
of 18 months after launch. Telesat will also provide training
on the operation and control of the satellites to ABCN employees.
The operations of the L-STAR Satellites will be performed from
Telesat's Satellite Control Centre located in Gloucester through
its Perth, Australia, TT&C Facility. This contract is valued
in excess of $5 million.
University of British Columbia, Vancouver, British Columbia
University of British Columbia has sign
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