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Thursday, May 9, 2024

Thailand seeks German investment in electric vehicle industry

Picture courtesy of Dailynews

Deputy Prime Minister Parnpree Bahiddha-Nukara announced on a recent official trip to Germany, the Thai government’s intention to attract German automobile manufacturers to invest in Thailand’s burgeoning electric vehicle (EV) industry. This initiative is part of the broader plans for Prime Minister Srettha Thavisin’s official visit to Germany next month.

The deputy prime minister, who also serves as the foreign affairs minister, embarked on his official German trip last Wednesday, concluding today. The visit’s agenda surpasses just diplomacy. It is also a preparatory measure for the prime minister’s impending visit on March 15, Parnpree revealed.

Multiple investment projects are on the Thai government’s plate to propose to German investors. These projects encompass various sectors, including the colossal Land Bridge megaproject,…

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