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Foreign Investors Pleased But Want Action


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Investors pleased but want action

BANGKOK: -- Foreign investors have more confidence in Thailand since the junta kept its promises by such actions as appointing a prime minister and forming a cabinet, Peter J van Haren, president of the Joint Foreign Chambers of Commerce in Thailand (JFCCT), said Friday.

However, they are still worried about the shortage of skilled manpower, social development and the undeveloped educational system, Van Haren told a consultative meeting of the JFCCT and the Board of Investment (BoI).

Van Haren said Thailand had better infrastructure than most Southeast Asian countries, but Malaysia and Vietnam had improved rapidly, so the government should move quickly to develop a skilled workforce and improve the education system.

If possible, he added, the Industry Ministry and the BoI should support the country's knowledge base and new technologies - not just in large companies but also in small and medium-sized companies.

-- The Nation 2006-10-20

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Van Haren said Thailand had better infrastructure than most Southeast Asian countries, but Malaysia and Vietnam had improved rapidly, so the government should move quickly to develop a skilled workforce and improve the education system.

I'm always surprised by the vacuity of this kind of statement.

Mister Van Haren cares about what ? Business now and medium term ? Or business in 25 years ?

I mean, how can we "quickly develop a skilled workforce and improve the education system" ?

It's a one generation project !

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I mean, how can we "quickly develop a skilled workforce and improve the education system" ?

Easily done - ease that f**klingly stupid red tape obstructing that tremendeous amount of skills, foreign residents now have to keep a very, very, low profile on - especially if they actually are contributing those skills to Thailan and its native population.

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