Thailand has potential to draw German investment: PM
Prime Minister Yingluck Shinawatra viewed that the European crisis can be turned into opportunities for Thailand, which demonstrates economic strengths and presents a strategic linkage with other Asean nations particularly Myanmar.
At the breakfast meeting in Berlin with Thai officials working in Germany, she told them to devise strategies to draw more investment to Thailand.
The official visit during July 17-19 is the first in 17 years. Yingluck will then visit France during July 19-21.
"This visit is to remind Germany of Thailand's strengths and readiness to work with Germany in boosting ties and bilateral trade. The crisis in the EU is Thailand's opportunity and the country needs to promote trade and investment, backed up by the potential of Thailand and Asean,"Yingluck was quoted as saying that to the officials.
Government Spokesperson Sansanee Nakphong said that the "Thailand's team" briefed the premier of German firms' interest in expanding presence in trade and investment in energy as well as Dawei deep-sea port which will link the entire region. On their report of conflicting goods inspection requirements, Yingluck ordered the establishment of a joint working committee by the ministries of Commerce and Agriculture, to organise training by German experts.
Later on the day, she had a conference with German firms operating in food, automotive, energy, alternative medicine and designing industries. In focus was trade in health food and decorative items as well as Germany's support in turning Thailand as the regional automotive tire certification centre. Joining her were representatives from the Federation of Thai Industries, Board of Trade, Thai Bankers Association and others.
