US investors have full confidence in Thailand: Prayut
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Investors from the United States have expressed their confidence in Thailand and are ready to invest in the country, Prime Minister Prayut Chan-o-cha said.
This statement came after some 70 foreign investors from the US-Asean Business Council met Prayut at Government House Friday.
Those attending the meeting represented 29 US firms, including AIG, Caterpillar, Chevron, Cigna, Cisco, Citibank, Coca-Cola, Dow Chemical, Ford Motor, General Electric, GSK, Google, MasterCard, Microsoft, Monsanto and Seagate.
After the meeting, Prayut said he expected to see more investment from these companies next year as they had been in contact with ministries and the Board of Investment.
As for concerns over Thailand’s situation, Prayut denied there were any, especially in terms of political developments as this group already had other investments in the country.
The key issue is to ease obstacles to trade and investment for all countries, including the United States, the premier said, adding that some legal amendments had been made and one-stop centres established for quicker services and more convenience.
“Having investments requires capital and opportunities, which come after investors’ confidence is boosted. Everything takes time. Businesses in energy, health and medicine fields are ready to invest,” Prayut said, adding that he had told them to transfer knowledge to Thailand.
