Speaking at Wednesday’s seminar titled “Thailand Economic Outlook 2016” organised by Bangkok Biz newspaper and NOW 26 Channel, Somkid also urged Thai businesses to go ahead with their investment projects in 2016.
“Next year is the year of investment. We’ve already provided a lot of incentives and confidence has returned due to various stimulus measures implemented in the past three months.
“If the private sector does not invest next year, then what are you saving the money for?” Somkid asked.
The Cabinet on Tuesday approved a list of 10 industries as Thailand’s new economic growth engines, including next-generation cars; smart electronics; affluent, medical, and wellness tourism; agriculture and biotechnology; food; robotics for industry; logistics and aviation; biofuels; and biochemical, digital, and medical sectors.