ID :
239674
Fri, 05/11/2012 - 14:17
Auther :

Thai DPM:Japanese investors are confident in Thailand.

TOKYO, May 11 (TNA) - Thai Deputy Prime Minister and Finance Minister Kittirat Na-Ranong, who is paying a visit to Japan this week, says that Japanese business persons are still confident in Thailand, following a flooding crisis in the country late last year. Kittirat told journalists in Tokyo on Friday that he believes over 90 per cent of flood-affected Japanese investors will maintain their businesses in Thailand, as several of them have resumed their businesses and Japanese new investment projects seeking for promotional privileges from the Board of Investment of Thailand (BOI) have remained at their normal level. Kittirat acknowledged that his Finance Ministry is studying to organize the Thai Festival 2012 at the Yoyogi Park in Tokyo, aimed to be later applied for turning land plots of the ministry's Department of Treasury into markets to help local small and medium-sized enterprises (SMEs) cut their costs and offer their products at reasonable prices to consumers, and that the plan will likely assist over 30,000 Thai SMEs and suppliers of outstanding local products. Meanwhile, the Thai deputy premier met executives of NEC Corporation, which installed the national disaster warning system in Japan, during which the Japanese executives said they believe that Thailand can improve its warning and commanding systems by integrating existing telecommunications networks. The NEC management, who has a factory in the Navanakorn Industrial Promotion Zone in Bangkok's suburban Pathum Thani Province, also confirmed that their company will continue to invest in Thailand and build more factories in other provinces to reduce risks. (TNA)

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