Thai Prime Minister Yingluck Shinawatra has assured Japanese investors
of Thailand’s 2-trillion-THB infrastructure project, saying the
project will facilitate investment in the country.
Yingluck made the affirmation while meeting with Yoshihisa Kainuma,
Chief Executive Officer of Minebea Co. Ltd., the company which has been
investing in Thailand for over 30 years; with approximately 18
billion THB worth of registered capital.
During the meeting,
the Thai Premier appreciated the company’s commitment, which she said
has created domestic employment and been part of the country’s economic
growth.
She affirmed that the implementation of the
2-trillion-THB mega project will facilitate foreign investment, as the
nation’s logistics system will be greatly upgraded.
Yingluck also said that the Thai government will give its full support
to the Japanese firm, and hopes that the economic partnership between
the two sides will continue developing.
Kainuma, in return,
expressed his gratitude to the Thai Premier and said the company will
continue its investment in the country, as Thailand is its main
production base.
In addition, the company is planning to
spend around 3 billion THB to purchase new machines and equipment to
replace those destroyed by flooding nearly two years ago, he said,
adding that it will also build flood walls and an electric power
substation to accommodate its future production plan.
However, the CEO expressed his concerns over the strong baht and wanted
the government to take control over the situation, while Yingluck said
the government will do its best to help businesses cope with the
problem.-VNA