Post by Soutpeel on Oct 28, 2015 7:53:58 GMT 7
Prime Minister Gen Prayut Chan-o-cha yesterday met with leading foreign business leaders to discuss matters regarding potential developments to the local economy.
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The meeting was part of his government’s campaign to boost foreign investors’ confidence in the country under a theme called ‘Prime Minister Meet CEOs’.
The prime minister met with foreign CEOs based in Thailand from the automobile, electronics and electrical industries.
During the meeting Gen Prayut stated that one of the proposals being looked is the possibility of allowing Japanese businesses to manage the Thai Baht to carry out forex transactions.
And for the automotive sector, he said the government is looking at providing privileges to manufacturers of eco cars and electrical vehicles.
He also touched on the possible joint investment by Thailand in the Trans-Pacific Partnership (TPP) saying that the matter was being seriously considered by the Ministry of Commerce to determine the benefits and drawbacks before a decision was made.
Accordingly, CEOs from the Ford Thailand, Mazda Thailand and Mitsubishi Motors Thailand confirmed that they were placing the highest priority in increasing investments in Thailand.
They assured the prime minister that they place Thailand only behind Japan in importance in the region with regards to automobile production.
Promisingly, the CEO from Mitsubishi Motors Thailand was able to confirm that the company has plans to increase local investment by 33 billion Baht.
At the same time, business leaders in the electronics and electrical industries namely Mitsubishi Electric and Thai Samsung Electric said that they firmly believe in the potential of the country.
They stated that Thailand’s electronic and electric industry is still the main contributor to the country exports.
Accordingly, they were also committed to making increased investments in the country.
They revealed plans to develop a household electrical appliance production base in Thailand and have selected Sri Racha as the likeliest location to set up facilities.
englishnews.thaipbs.or.th/pm-meets-foreign-investors-to-boost-confidence
Attachment Deleted
The meeting was part of his government’s campaign to boost foreign investors’ confidence in the country under a theme called ‘Prime Minister Meet CEOs’.
The prime minister met with foreign CEOs based in Thailand from the automobile, electronics and electrical industries.
During the meeting Gen Prayut stated that one of the proposals being looked is the possibility of allowing Japanese businesses to manage the Thai Baht to carry out forex transactions.
And for the automotive sector, he said the government is looking at providing privileges to manufacturers of eco cars and electrical vehicles.
He also touched on the possible joint investment by Thailand in the Trans-Pacific Partnership (TPP) saying that the matter was being seriously considered by the Ministry of Commerce to determine the benefits and drawbacks before a decision was made.
Accordingly, CEOs from the Ford Thailand, Mazda Thailand and Mitsubishi Motors Thailand confirmed that they were placing the highest priority in increasing investments in Thailand.
They assured the prime minister that they place Thailand only behind Japan in importance in the region with regards to automobile production.
Promisingly, the CEO from Mitsubishi Motors Thailand was able to confirm that the company has plans to increase local investment by 33 billion Baht.
At the same time, business leaders in the electronics and electrical industries namely Mitsubishi Electric and Thai Samsung Electric said that they firmly believe in the potential of the country.
They stated that Thailand’s electronic and electric industry is still the main contributor to the country exports.
Accordingly, they were also committed to making increased investments in the country.
They revealed plans to develop a household electrical appliance production base in Thailand and have selected Sri Racha as the likeliest location to set up facilities.
englishnews.thaipbs.or.th/pm-meets-foreign-investors-to-boost-confidence
