Foreign Investment In Thailand - No Corruption

[Jai Dee]

PM CONFIRMS THAT ALLOWING FOREIGN COUNTRIES TO INVEST IN THAILAND WILL NOT CAUSE CORRUPTION PROBLEMS

Prime Minister THAKSIN SHINAWATRA insisted that the opportunities for foreign public and private sectors to invest in Thailand will not involve corruption definitely. He said the discussion on the agency selections will be broadcasted live to the public.

The Prime Minister spoke about the invitation of foreign ambassadors based in Thailand to listen to the vision of Thailand’s development today. He said the country needs the private and public sectors from abroad to suggest ideas on various areas.

Therefore, Thailand will have a choice to select proper agencies to construct the public utilities whilst using the least amount of budget and the latest technologies. In regards to the financial conditions, the implementation must not cause public debt nor use the national budget. Thus, Thailand can exchange certain goods with the partnering countries to deal with this financial issue.

The premier indicated that this is a new investment scheme under capitalism, and Thailand is the first country to carry out such method. He said Thailand will be able to accumulate knowledge and expertise on various fields from different countries throughout the world. He said problems should not arise if everyone would like to see advancement in the society.

Source: Thai National News Bureau Public Relations Department - 14 December 2005

[Guest endure]

Same old same old one way street. Thailand (more likely Taksin) gets the benefit, foreigners take all the risks.

[cclub75]

Same old same old one way street. Thailand (more likely Taksin) gets the benefit, foreigners take all the risks.

<{POST_SNAPBACK}>

Right, but this time it won't work.

The whole story about the 10 lines BTS is flawed.

No one wants the "exchange goods" system.

If thailand wants to make a deal with foreign companies, like Siemens, they will have to pay CASH. And a lot of cash. But of course we can doubt it : the gvt has no money.

Who will pay ?

It would put a huge stress on the public finances, and the trade deficit, and finally on the THB.

[opothai]

no corruption, definately not in thailand there is free enterprise and everybody can make money, just look at me and my family we've made loads

don't you just love him

[sonthaya]

Sure no corruption, there isn't any corruption in LOS

[Rinrada]

And is that the end of the corrupt duel pricing policy....so now Thais and NON Thais will pay the SAME........GOOD to hear.

..wonder what my Aunt Fanny will say about that ?

[Guest endure]

And is that the end of the corrupt duel pricing policy....so now Thais and NON Thais will pay the SAME........GOOD to hear.

..wonder what my Aunt Fanny will say about that ?

<{POST_SNAPBACK}>

You've got a talking Fanny?

[Rinrada]

[astral]

PM CONFIRMS THAT ALLOWING FOREIGN COUNTRIES TO INVEST IN THAILAND WILL NOT CAUSE CORRUPTION PROBLEMS

 

<{POST_SNAPBACK}>

Hands up all those who have never had to pay Tea Money or the like to a

government official to get something done.

Of course, buying an Elite card will smooth the way.........

[Buff-horns]

farang money takes the risks while their cash is on deposit in swiss bank accounts, nice safe place .