ID :
373426
Sat, 07/04/2015 - 13:50
Auther :

PM invites private sector to invest in Thailand

TOKYO, July 4 (TNA) - Thai Prime Minister General Prayut Chan-ocha, who was attending the 7th Mekong–Japan Summit in Tokyo from July 2-4, says that the Thai government will amend business laws to facilitate international business operators, inviting the private sector to invest in Thailand, including new mega infrastructure development projects. The Thai prime minister suggested that the private sector “walk along with the state” by jointly invest in the Thai government's new mega projects, noting that Thailand is expanding national infrastructure and investing more than 7 trillion yen for the projects over the next eight years, aimed at lowering logistics costs and improving connectivity with neighbouring countries. The Thai premier also invited Japanese operators of small and medium-sized enterprises (SMEs) to invest in Thailand, as they can also expand their businesses to other countries in the region, meaning that they can enjoy a “plus one” advantage. Speaking to more than 1,000 representatives of Japan's Keidanren and the Japan Chamber of Commerce and Industry during a luncheon gathering on Saturday (local time), the Thai leader particularly persuaded Japanese SME operators, especially those in agricultural and processing businesses, alternative energy and high-tech industries, to invest more in the Greater Mekong Subregion (GMS) for the prosperity of people in GMS. According to the Thai prime minister, his government is prepared to cooperate with the private sector and allied economies to further develop workers' skills to serve the Thai government-sponsored new special border economic zones. Besides, the Thai government is setting up skill development centres at the border to cater for migrant workers wishing to work at the special economic zones. The Thai leader also asked Japan to buy more Thai products including meat, fruits and sugar. (TNA)

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