Prime Minister moves to attract leading Chinese tech companies to expand investment base in Thailand
The Prime Minister of Thailand led a delegation to the People's Republic of China to hold discussions with senior executives from four leading technology companies: Xiaomi, ChangAn, InnoLight, and Eoptolink. The primary goal is to promote economic cooperation and invite these companies to continuously expand their investments in Thailand.
The discussions focused on building confidence among Chinese investors, particularly in the electric vehicle (EV) and communication technology sectors, which are target industries that Thailand is prioritizing to enhance the country's regional competitiveness.
Furthermore, the Thai government presented various incentives and support measures to facilitate foreign investors, which will help create jobs and develop labor skills for Thai people in the future. This also reaffirms the long-standing positive relationship between Thailand and China in terms of trade and investment.
These negotiations mark a significant step in attracting foreign direct investment, which will positively impact Thailand's economic growth. The government is ready to support the operations of these companies to ensure they have the flexibility and success in conducting business in Thailand moving forward.