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Thursday, May 2, 2024

PM Srettha hopes to secure US$5 bn deal with Tesla

Regarding the Thai government’s investment strategies, the primary objective is to promote crucial industries like aerospace, digital, and AI, ensuring that Thais benefit in the future. The environment in Thailand, including tax measures, tax exemptions for corporations for 8-15 years, and readiness in clean energy, will serve as significant attractions for investors. Political stability is another key strength that investors globally recognize.

As for the Thai prime minister’s role in being the country’s salesman, Srettha admits that the government’s goals are ambitious and challenging. This is just the beginning, and there’s much more to be done and accelerated.

Numerous issues need immediate government attention, such as improving ‘ease of doing business’, ensuring clear legal principles, and rapidly addressing existing problems.

The welcoming stance of foreign entities ready…

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