Prime Minister launches 'Thailand Fastpass' project to accelerate foreign investment attraction
Prime Minister Srettha Thavisin presided over the Memorandum of Understanding (MOU) signing ceremony for the 'Thailand Fastpass' project, which aims to facilitate foreign investors. The primary goal is to improve the approval system for various projects to be faster and more efficient, in order to reduce obstacles caused by delayed bureaucratic procedures.
The Prime Minister emphasized that the government places great importance on increasing the country's competitiveness, having ordered relevant agencies to accelerate the modernization of work systems to ensure that Thailand remains the number one destination for investors in the Southeast Asian region.
Beyond investment matters, the Prime Minister also addressed national security, affirming that Thailand is prepared and possesses strong stability, which is a key factor in building confidence for foreign investors conducting long-term business in the country.
The Thailand Fastpass project is considered a significant step for the government in adapting to support economic growth, with the expectation that it will help attract more foreign investment capital into Thailand and make doing business in the country more agile than ever before.