Gen Prayut invites Russia to invest in Thailand

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Gen Prayut invites Russia to invest in Thailand



BANGKOK, 19 May 2016 (NNT) – Prime Minister Gen Prayut Chan-ocha has invited Russia to invest in Thailand during the ASEAN-Russia Commemorative Summit in St. Petersburg.

Gen Prayut, who presided over the opening ceremony of Thailand-Russia Business Dialogue, assured Russian businessmen of the viability of 10 new industries in Thailand, including biotechnology, nanotechnology, aircraft manufacturing and digital industry. Russian Minister of Industry and Trade Denis Manturov also participated in the dialogue.

Both sides agreed to raise Thai-Russian trade value by five times to 10 billion dollars in the next five years. The trade value between the two countries currently stands at 2.3 billion dollars. The Thai government has planned to persuade Russian investors to take part in its infrastructure development projects, as part of the national strategic development plan for the next 20 years.

Gen Prayut took the opportunity to voice his appreciation for the long-standing ties between Thailand and Russia. The two nations will mark the 120th anniversary of diplomatic ties in 2017.


-- NNT 2016-05-19

[Barnet]

Can I invite Bill Gates to give me some dosh too!

Unreal.......

[EricBerg]

Everybodyyyyy!!!!! Please come invest in our beautiful countryyyyyy!!!!! We will take half of your investmenttttt!!!!! We like makmak!!!!!

It's about time the sods understood that it needs structural changes to the Foreign Business Act in order to possibly attract investors. By the way, the Russians are a bit short on funds to invest nowadays.

[happy chappie]

He will be on the eu's case soon as the Russians are skint and when the uk stay in the eu our money will go through the roof.the uk are 1/4 to stay in the eu and the pound should rise nicely as its has in the last few days now that the financial world has realised that the uk are likely to stay in.anyway what would Russia want to invest in? A dodgy train plan,old rice? Or land that you can never own.anyway he got a bit of a holiday out of it.

[Lupatria]

...invited Russia to invest in Thailand - and revolutionize the taxi and motorbike taxi sector?

[Caps]

He will be on the eu's case soon as the Russians are skint and when the uk stay in the eu our money will go through the roof.the uk are 1/4 to stay in the eu and the pound should rise nicely as its has in the last few days now that the financial world has realised that the uk are likely to stay in.anyway what would Russia want to invest in? A dodgy train plan,old rice? Or land that you can never own.anyway he got a bit of a holiday out of it.

The UK aren't likely to stay in, just as the aren't likely to come out, what a load of rubbish. No one will know what will happen until the results come out

[Colabamumbai]

I think if he checked he would see the Russians already control numerous businesses in Thailand, and quite a few are already working here.

[phoenixdoglover]

What does Russia have to offer, other than military hardware, and the tools of repressive governance?

[wabothai]

And language and writing barrier.

[DavisH]

I think they already have...but not in the way he may like

[FredNL]

aircraft manufacturing ???

I will never ever fly in Russian made airplanes.

And I will never ever fly in a Thai made airplane.

It reminds me of the joke about the Thai made submarine that has the world record submerging, it still is below...

[harleyclarkey]

Thailand ; a corrupt police state ruled over by a military dictatorship

Russia; a corrupt police state ruled over by an egotistical despot.

The two countries are well suited.

[gandalf12]

Can I invite Bill Gates to give me some dosh too!

Unreal.......

Yes you can. I doubt if Bill give you any money but if you don't ask you wont get. Let me know how you get on and tell I said it is ok.

[somo]

What does Russia have to offer, other than military hardware, and the tools of repressive governance?

Exactly and that is what the Thai gov. wants. A perfect fit.

[somo]

He will be on the eu's case soon as the Russians are skint and when the uk stay in the eu our money will go through the roof.the uk are 1/4 to stay in the eu and the pound should rise nicely as its has in the last few days now that the financial world has realised that the uk are likely to stay in.anyway what would Russia want to invest in? A dodgy train plan,old rice? Or land that you can never own.anyway he got a bit of a holiday out of it.

The UK aren't likely to stay in, just as the aren't likely to come out, what a load of rubbish. No one will know what will happen until the results come out

What caps is saying is that according to the bookies the UK is 1/4 (actually 16/5 and 2/7 to stay according to oddschecker) to stay in and they are nearly always right and you should be putting money on leave if you really think it is a fifty fifty decision. There is no way the UK is going to leave and the money markets are starting to price that fact into the market.

[elgordo38]

Everybodyyyyy!!!!! Please come invest in our beautiful countryyyyyy!!!!! We will take half of your investmenttttt!!!!! We like makmak!!!!!

It's about time the sods understood that it needs structural changes to the Foreign Business Act in order to possibly attract investors. By the way, the Russians are a bit short on funds to invest nowadays.

Did he take his bible size rule book along on the trip. Thou shalt not

[elgordo38]

What does Russia have to offer, other than military hardware, and the tools of repressiv

Like This

The tools of a repressive government should be dearly sought after by the rice salesman. Or is it frozen chickens. Rubber now is something we have lots of. Does

Russia have condom factories.

[Rama]

They might be interested in gas stations. All they have that's sellable is gasoline. No Russians looking to invest (hide) money abroad now because the country is in a protracted recession from gas prices and now have no money. No money no honey.

[DrTuner]

Not many investors around who don't care about human rights. China and Russia are likely the only sources.

[Jimbo2014]

Arnt Russia going broke?? Sounds like we may be getting a bit desperate now ?

[Thaidream]

The General knows full well that the Russians have little money if any to invest. His motive is to use Russia and China as a foil against America and the EU. Too much money tied up in Thailand by the Americans, EU and the Japanese to pull away from. When he goes full bore on both Chinese and Russian military hardware- that will be a major shift. The Chinese are the most dangerous to Thailand's sovereignty in that their sole purpoe is to find markets to feed their people to keep them docile and keep the Party in power.

[Lingba]

why would Russians with a ruble that is worth half of what it was to the Thai baht 4 years ago want to invest in Thailand?

[Mudcrab]

why would Russians with a ruble that is worth half of what it was to the Thai baht 4 years ago want to invest in Thailand?

Political influence

[Asiantravel]

okay Gen Prayut can you match this?

I mean you won't even let foreigners buy land

Putin offers free land for citizens & foreigners in Russia’s Far East

https://www.rt.com/business/341892-far-east-land-infrastructure/

[happy chappie]

He will be on the eu's case soon as the Russians are skint and when the uk stay in the eu our money will go through the roof.the uk are 1/4 to stay in the eu and the pound should rise nicely as its has in the last few days now that the financial world has realised that the uk are likely to stay in.anyway what would Russia want to invest in? A dodgy train plan,old rice? Or land that you can never own.anyway he got a bit of a holiday out of it.

The UK aren't likely to stay in, just as the aren't likely to come out, what a load of rubbish. No one will know what will happen until the results come out

That's why the uk are 1/4 to stay in and 11/4 to leave the EU...it's not a 50/50 thing.i think you want to sit down and have a think about that one before you go gobbing it off I'm posting rubbish.or to make it plain and simple 2 horse race,ones got four legs and ones got 3 legs.my uneducated backward missus that I found in the jungle has got more up top than you.

[Plutojames88]

It's a non judgemental relationship based on shared values.

Their quality tourists can be readily photographed hamming it up in sunny Thailand .

So tourism alone is a boost .

Then we have hardware for the army .

The markets for seafood and investment in real estate projects in Pattaya and other places where Russian TV stations are already in full swing.

The general always had an eye to replace westerners and their meddling ways with the more refined folks

Edited May 19, 2016 by Plutojames88

[Caps]

He will be on the eu's case soon as the Russians are skint and when the uk stay in the eu our money will go through the roof.the uk are 1/4 to stay in the eu and the pound should rise nicely as its has in the last few days now that the financial world has realised that the uk are likely to stay in.anyway what would Russia want to invest in? A dodgy train plan,old rice? Or land that you can never own.anyway he got a bit of a holiday out of it.

The UK aren't likely to stay in, just as the aren't likely to come out, what a load of rubbish. No one will know what will happen until the results come out

That's why the uk are 1/4 to stay in and 11/4 to leave the EU...it's not a 50/50 thing.i think you want to sit down and have a think about that one before you go gobbing it off I'm posting rubbish.or to make it plain and simple 2 horse race,ones got four legs and ones got 3 legs.my uneducated backward missus that I found in the jungle has got more up top than you.

[rubl]

What does Russia have to offer, other than military hardware, and the tools of repressive governance?

Well, apart from the RD-180 rocket engines America keeps buying from them,

http://www.spacedaily.com/reports/Why_Washington_cannot_why_Russias_RD_180_rocket_engines_999.html

Russia also offers rides up to the International Space Station in their Soyuz rocket.

[billd766]

He will be on the eu's case soon as the Russians are skint and when the uk stay in the eu our money will go through the roof.the uk are 1/4 to stay in the eu and the pound should rise nicely as its has in the last few days now that the financial world has realised that the uk are likely to stay in.anyway what would Russia want to invest in? A dodgy train plan,old rice? Or land that you can never own.anyway he got a bit of a holiday out of it.

The UK aren't likely to stay in, just as the aren't likely to come out, what a load of rubbish. No one will know what will happen until the results come out

That's why the uk are 1/4 to stay in and 11/4 to leave the EU...it's not a 50/50 thing.i think you want to sit down and have a think about that one before you go gobbing it off I'm posting rubbish.or to make it plain and simple 2 horse race,ones got four legs and ones got 3 legs.my uneducated backward missus that I found in the jungle has got more up top than you.

What a surprise. You don't like the reply so you slag off the poster.

I believe that there will be a Brexit, you don't.

I wouldn't insult you because I don't agree with you.

Where does your uneducated backward missus that you found in the jungle (your words not mine) get all her information from to form such a strong opinion?

[fusion58]

Before he makes the rounds with his little tin cup, Dear Leader might want to consider ways to make Thailand more attractive or, at the very least, less difficult for foreign investors.

Just saying...