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Yingluck Calls Thailand A Haven For Foreign Investment


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PM Yingluck calls Thailand a haven for foreign investment
By English News

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BRUSSELS, March 6 – Thai Prime Minister Yingluck Shinawatra has urged the Belgian private sector to take part in investment in Thailand’s mega infrastructure projects.

During a meeting with her Belgian counterpart Elio Di Rupo, the Thai premier said Thailand has enjoyed political and economic stability, and a gross domestic product (GDP) growth of 6.4 per cent.

Investment opportunities are vast in Thailand given its potential as a gateway for European Union countries to the Southeast Asian region and the US$66 billion mammoth Thai government projects involving transport, telecommunications and energy, she said.

She asked the Belgian prime minister to consider Schengen visa waivers for Thai passport holders to promote tourism between the two countries. Ms Yingluck made a similar request to the Swedish leader during her visit to Stockholm yesterday.

The Thai and Belgian premiers agreed in principle to exchange knowledge on medical science, food safety, innovative technology, high-level research and development and logistics to boost Thailand’s competitive edge.

Ms Yingluck said the March 17-22 visit to Thailand by Crown Prince Philippe of Belgium and the Belgian business community will strengthen the relationship between the two countries.

A joint action plan may be signed during the Crown Prince’s visit to enhance bilateral cooperation in various aspects.

Later today Ms Yingluck is scheduled to meet with Jose Manuel Barroso, European Commission president when they will announce the enforcement of the Thai-European Union Free Trade Agreement.

A Thai delegation comprising off public and private sectors, led by Ms Yingluck, began visiting Sweden and Belgium on Monday and will conclude tomorrow. (MCOT online news)

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-- TNA 2013-03-06

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Inspite of her suggestions to the contrary the Japanese were not too impressed with Dawei.

I think a lot of western countries might want to wait and see how conditions change once ASEAN actually get's rolling in 2016 especially as money's a bit tight just now.

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"Investment" = Loans.

Why would Thailand, with all its new found wealth, be kissing up to small EU countries for loans?

If Thailand is such a great investment, why does PM Shinawatra have to tout it to small EU countries?

When you're going to Belgium, which itself had to have its banks bailed out, and is itself in debt 100% of its GDP for money, you're scraping the bottom of the barrel.

Great photo op though. thumbsup.gif

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Indonesia Could Pass Thailand To Become The Largest Vehicle Market:

Well done Yingluck looks like the words getting around. Next it will be Thailand the hub of failed states.

post-46292-0-77644000-1362556973_thumb.j Now wheres the chocolate shops?

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Indonesia Could Pass Thailand To Become The Largest Vehicle Market:

Well done Yingluck looks like the words getting around. Next it will be Thailand the hub of failed states.

attachicon.gifpb-110629-shinawatra-03_photoblog900.jpg Now wheres the chocolate shops?

post-9891-0-91722000-1362565302.jpgpost-9891-0-05273200-1362565308_thumb.jp

“I don't mind making jokes, but I don't want to look like one.”

Marilyn Monroe

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So, haven for foreign investment??

- Not being able to own a company to 100%

- At least 100 ways of being cheated off all your investment and actually your last shirt

- No way to win a court case as a foreigner

- Hostile foreign policies and expats being treated like criminals even if married and children

- Complicated visa and work permit procedures even if you're already living here for 10 year.

Oh yea, sounds like a great place to invest. Remind me: Why was I here?

Cos of the girls, like 99.9999% of guys :-) who reside in Thailand

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