Monday, August 26, 2019

Industry minister offers Thai haven for China’s trade war victims

Jul 22. 2019
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By The Nation

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Industry Minister Suriya Juangroongruangkit on Monday issued what he called urgent policy on four aspects of his ministerial duties.



Suriya said he would encourage Chinese companies affected by the US-China trade war to invest more in Thailand, and conduct a roadshow soon in China and Japan as part of that effort.

The Board of Investment, meanwhile, would be asked to readjust its investment conditions on a case-by-case basis to make them more attractive to individual investors.

All megaprojects including the planned extension of Suvarnabhumi Airport would be encouraged to use domestic raw materials for construction where possible.

Under the fourth aspect of policy, those launching SME businesses would be funded by low-interest loans guaranteed by the ministry.

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