Are Older Men in Thailand Trading Love for Financial Ruin

[webfact]

Japan's commitment to Thailand development projects

BANGKOK, Oct 8 – Japan today reaffirmed its commitment to cooperate with Thailand in the development of its infrastructure, water management projects and high-speed train system.

Yuichiro Hata, Minister of Land, Infrastructure, Transport and Tourism, said the Japanese private sector is ready to jointly develop various projects particularly water management, rail and high-speed train, and tourism.

Mr Hata called on Prime Minister Yingluck Shinawatra to assure Thailand of Japan’s readiness to collaborate and support the kingdom in different projects.

Ms Yingluck said Thailand has given special importance to the extensive high speed train project which is due for bids within the coming year.

The government will emphasise human resources development and exchange of know-how and experience in the development of cities along high speed train routes, the premier said.

The Thai leader and the Japanese minister were reportedly pleased with a record number of Thais visiting Japan this year. Ms Yingluck said Thailand is capable of receiving Japanese tourists including the promotion of long-stay trips by the elderly.

Japan has introduced multiple visas for Thai tourists as part of its attempt to boost tourism. (MCOT online news)

-- TNA 2012-10-08

[MaxLee]

Well lets see how it works out…

[webfact]

INFRASTRUCTURE

Japan shows interest in water management, high-speed train projects

The Nation

BANGKOK: -- Japan's Minister of Land, Infrastructure, Transport and Tourism Yuichiro Hata reiterated Japan's interest in participating in Thailand's infrastructure projects - from water management to high-speed train - as well as joint development in the tourism sector.

During a discussion with Prime Minister Yingluck Shinawatra, he said that Japanese companies are ready to join the water management project bidding.

Yingluck promised to ensure transparency in the bidding process and urged Japan to focus more on technology transfer and human capital development. She also urged Japan to come up with the best technology available for the project as well as its expertise in city planning and administration, as well as maintenance.

Hata also emphasised Japan’s readiness in participating in Thailand’s high-speed train project. A memorandum of understanding on the participation will be signed on October 9, with the Thai transport minister.

-- The Nation 2012-10-08

[lizardtongue]

Yingluck promised to ensure transparency in the bidding process and urged Japan to focus more on technology transfer and human capital development. She also urged Japan to come up with the best technology available for the project as well as its expertise in city planning and administration, as well as maintenance.

If they can get away with it the Thai's will 'borrow' the Japs technology and get the Burmese/Cambodians to attempt to carry out the work believing it will save millions of Baht, leaving more to be 'skimmed' off the top, another waste of money in the pipeline.

[rfukata]

Yingluck promised to ensure transparency in the bidding process and urged Japan to focus more on technology transfer and human capital development. She also urged Japan to come up with the best technology available for the project as well as its expertise in city planning and administration, as well as maintenance.

If they can get away with it the Thai's will 'borrow' the Japs technology and get the Burmese/Cambodians to attempt to carry out the work believing it will save millions of Baht, leaving more to be 'skimmed' off the top, another waste of money in the pipeline.

better than what the red chinese can offer

[weescotsguy66]

Yes lots of transparency the Japanese get the work since they provided the money they inflate the price and give their kick backs to the same companies that built the airport, proven route to kick back we always needed a new train system worth billions in order to skim a little cream off the top.

I was thinking about given the BMA money to relocate to higher ground, relocate Bangkok would be a few trillion dollars think of the cream you could get from that.

[TheGhostWithin]

The Japanese open one hand, and close the other. Word is Japanese are not interested in furthering business in Thailand, and that the Vietnamese and now Burmese economies are rocketing, partially because of Japanese expansion.

They are not closing factories, but they are not re-opening from last years floods, and they are expanding their business growth in factories abroad. The Thai economy is in a downward spiral, because of the minimum wage rise and the lack of physical insurance by the Thai Government (local and national) of critical infrastructure in a situation of emergency (such as flooding).

[cdnski12]

Japan can not even run its own economy ... let alone advise as to Thailand ... but the same can be said for the USA!

Edited October 9, 2012 by cdnski12

[kerrysum]

Yingluck promised to ensure transparency in the bidding process and urged Japan to focus more on technology transfer and human capital development. She also urged Japan to come up with the best technology available for the project as well as its expertise in city planning and administration, as well as maintenance.

If they can get away with it the Thai's will 'borrow' the Japs technology and get the Burmese/Cambodians to attempt to carry out the work believing it will save millions of Baht, leaving more to be 'skimmed' off the top, another waste of money in the pipeline.

No truer words said....... kilosierra

[yoshiwara]

Japan is sending a message of long-term investment in Thailand.

A positive opportunity for Thai development.

[attento]

Now is an opportune time for Thais to be courting Japanese investment, because the Chinese are giving the Japs a real pasting over a few uninhabited islands.

The Chinese government is stirring up anti-Japanese sentiment ( admittedly, never far below the surface), as a smoke screen for it's current uncertainties and lack of sound government.

Japanese investors will be very wary of further investment in China, and must be encouraged to choose Thailand.

The Japanese car-makers investments in the UK are one of the bright spots in that dismal economy.

Why not something similar in Thailand ?