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Sunday, April 28, 2024

PM claims foreign corporations now more at ease about investing in Thailand

Foreign multi-national companies are now less worried about investing in Thailand, except for some legal issues which need to be addressed to facilitate investment, claimed Prime Minister Srettha Thavisin upon his return from his four-day visit to the United States, to attend the United Nations General Assembly.

He told a news conference today (Sunday) that one of his duties during the visit was to inform world business leaders that Thailand is open and ready to welcome all foreign investors, as he talked about his meetings with executives of Microsoft, Tesla, Google and JP Morgan, during which he asked them to consider investing in Thailand.

For instance, he said, he asked Microsoft to invest in developing a regional data centre in Thailand, a project which requires at least US$5 billion in investment, and Tesla to invest in building an electric vehicle assembly plant in the…

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