PM Srettha's Vision: Six Advantages Propelling Thailand into Investment Prominence

[webfact]

Picture courtesy: The Nation

 

Prime Minister Srettha Thavisin took the stage at SUBCON Thailand 2024, making a compelling case for Thailand as a premier investment destination. Addressing a crowd of global investors, Srettha spotlighted Thailand’s unique strengths in industries like electric vehicles (EVs) and electronics.

 

Opening the international trade event, the premier emphasised Thailand’s edge, starting with geopolitical stability—a crucial factor amid regional competition.

 

“Our ambitious Land Bridge project, estimated at US$300 billion (10 trillion baht), will revolutionise logistics, reinforcing Thailand as a manufacturing and export leader,” he said.

 

The Land Bridge project involves building deep-sea ports in Chumphon and Ranong provinces and linking them via new transport routes. This aims to form a strategic connection between the Pacific and Indian Oceans, easing congestion in the Malacca Straits.

 

 

Srettha, aged 62, further highlighted Thailand’s advantages: clean energy initiatives, free trade negotiations, improved quality of life, and support for entrepreneurship. He singled out the Eastern Economic Corridor’s deep-sea port development as critical for enhancing logistics.

 

With over 500 companies at SUBCON Thailand 2024 and business matching expected to generate more than 22 billion baht, the investment prospects are soaring. 

 

Additionally, the BOI Symposium: EV Supply Chain sees major EV manufacturers exploring Thai investment opportunities, marking a pivotal moment.

 

-- 2024-05-17

 

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[dinsdale]

Ahhh!!!! The land bridge. What a stupid idea that will never happen.

[brianthainess]

13 minutes ago, dinsdale said:

Ahhh!!!! The land bridge. What a stupid idea that will never happen.

Well not sure about that there is a Major Share Holder in a Cement Company that could increase his wealth and Tax Free. 

[newbee2022]

6 hours ago, webfact said:

Picture courtesy: The Nation

 

Prime Minister Srettha Thavisin took the stage at SUBCON Thailand 2024, making a compelling case for Thailand as a premier investment destination. Addressing a crowd of global investors, Srettha spotlighted Thailand’s unique strengths in industries like electric vehicles (EVs) and electronics.

 

Opening the international trade event, the premier emphasised Thailand’s edge, starting with geopolitical stability—a crucial factor amid regional competition.

 

“Our ambitious Land Bridge project, estimated at US$300 billion (10 trillion baht), will revolutionise logistics, reinforcing Thailand as a manufacturing and export leader,” he said.

 

The Land Bridge project involves building deep-sea ports in Chumphon and Ranong provinces and linking them via new transport routes. This aims to form a strategic connection between the Pacific and Indian Oceans, easing congestion in the Malacca Straits.

 

 

 

Srettha, aged 62, further highlighted Thailand’s advantages: clean energy initiatives, free trade negotiations, improved quality of life, and support for entrepreneurship. He singled out the Eastern Economic Corridor’s deep-sea port development as critical for enhancing logistics.

 

With over 500 companies at SUBCON Thailand 2024 and business matching expected to generate more than 22 billion baht, the investment prospects are soaring. 

 

Additionally, the BOI Symposium: EV Supply Chain sees major EV manufacturers exploring Thai investment opportunities, marking a pivotal moment.

 

-- 2024-05-17

 

Get our Daily Newsletter - Click HERE to subscribe

"Land Bridge Project"....the best way to waste money. It will land directly into greedy Thai entrepreneurs🙏

[hotchilli]

6 hours ago, webfact said:

Prime Minister Srettha Thavisin took the stage at SUBCON Thailand 2024, making a compelling case for Thailand as a premier investment destination

We're broke... come bail us out.

[hotchilli]

6 hours ago, webfact said:

Addressing a crowd of global investors, Srettha spotlighted Thailand’s unique strengths in industries like electric vehicles (EVs) and electronics.

Errr who owns them?

[hotchilli]

6 hours ago, webfact said:

This aims to form a strategic connection between the Pacific and Indian Oceans, easing congestion in the Malacca Straits.

China and the rest of the world.

[brianthainess]

6 hours ago, webfact said:

the premier emphasised Thailand’s edge, starting with geopolitical stability—a crucial factor amid regional competition.

Is he 'aving a Laff, next he'll be saying it's a democracy. 

[Purdey]

The land bridge has been mooted since time immemorial. Singapore has been whispered to have sunk it in the past and it will die another death if it is seen as able to hurt the Singapore and Myanmar economies.

As for green energy, didn't the junta leader go to COP 26 in Scotland, 2021, then return to order six more coal-fired generators? How credible is Thailand?

EV manufacturing here will force Thai labor into screwing together car parts while the profits go abroad. It might look good, but not as good as creating Thai brands.

MDB (Must Do Better)

[Skeptic7]

[Srikcir]

10 hours ago, webfact said:

Srettha spotlighted Thailand’s unique strengths in industries like electric vehicles (EVs)

So he's not going with Japan's hydrogen fueled and plug-in hybrid vehicles. D'accord.

But in 2023 the number of electric vehicles sold in the Thailand was only about 78,000. Hardly indicative of "unique strength" in EV manufacturing. Unless Thailand can reduce its consumer household debt and break out of the middle class income trap, Vietnam, Malaysia and Indonesia are more likely to see expansion in EV manufacturing.

[spidermike007]

I had no idea that Srettha had any vision. This comes as a total surprise. Wow, what will the brainy man think of next, this guy appears to rival Schweitzer in terms of creativity and ingenuity. 

[Galong]

Maybe he can get Mexico to pay for it. 🤔

[BayArea]

the man spends more time travelling the world for handouts than previous PM and when he isn't flying around the world, he's on about idiotic schemes and ridiculous hubs to get FDI.