Results 1 to 9 of 9
  1. #1
    Thailand Expat misskit's Avatar
    Join Date
    Dec 2009
    Last Online
    @
    Location
    Chiang Mai
    Posts
    31,086

    Japan praises Thailand as being investment friendly

    BANGKOK (NNT) - According to the Special Advisor to the Prime Minister of Japan, the land of the rising Sun continues to view Thailand as an investment-friendly economy.


    Special Advisor to the Prime Minister of Japan, Hiroto Izumi made the comment during his meeting with the Thai Deputy Prime Minister for economic affairs Dr. Somkid Jatusripitak, discussing bilateral cooperation between the two great nations.


    Izumi further stated that the collaboration between Thailand and Japan related to the ASEAN Economic Community is proceeding well, with plans for the future being aligned such as the Southern and Northeastern Economic Corridor projects, as well as cooperation on organic agriculture.


    Dr. Somkid welcomed Japanese investment in the ASEAN bloc, and asked Japan to provide assistance in Thailandís bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).


    The CPTPP is a trade agreement between Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. It evolved from the Trans-Pacific Partnership, which never came into force due to the withdrawal of the United States.

    http://thainews.prd.go.th/en/news/de...00215125007881

  2. #2
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    30,848
    Actually it is compared to many others in the region. In my previous life had to set up companies in several countries. From the hardest (Bangdalesh) to the easiest (Singapore), Thailand was 2nd or 3rd easiest of 10.
    Whenever you find yourself on the side of the majority, it is time to pause and reflect.

  3. #3
    Thailand Expat

    Join Date
    Aug 2007
    Last Online
    @
    Location
    Chonburi, Thailand
    Posts
    6,384
    Weren't the Japs pulling out a few years ago due the expense and difficulties of doing Business here ?
    Quote Originally Posted by Butterfly View Post
    let me explain simply 100MB != 1GB RAM

  4. #4
    Days Work Done! Norton's Avatar
    Join Date
    Oct 2007
    Last Online
    @
    Location
    Roiet
    Posts
    30,848
    Quote Originally Posted by Fondles View Post
    Weren't the Japs pulling out a few years ago due the expense and difficulties of doing Business here ?
    Perhaps some did but Automotive and Electronics manufacturing still strong here. Products built here are sent thoughout the region.

    Strong baht is making things difficult however.
    Whenever you find yourself on the side of the majority, it is time to pause and reflect.

  5. #5
    Thailand Expat
    Klondyke's Avatar
    Join Date
    Aug 2014
    Last Online
    Yesterday @ 11:08 PM
    Posts
    6,498
    If one drives thru the Industrial Estates south of Bkk and north of Bkk and also in the North - and there are not just few - you will see some 80% of the Japanese companies names. And they are not closed...
    Last edited by Klondyke; 16-02-2020 at 04:30 PM.

  6. #6
    Thailand Expat
    sabang's Avatar
    Join Date
    Feb 2006
    Last Online
    Yesterday @ 10:17 PM
    Location
    BackinOz
    Posts
    31,329
    Toyota moved Fortuna production to the Fils, and otherwise doesn't seem to have actively disinvested, or invested in Thailand recently. More of a holding pattern- and their investments in Thailand are huge.
    One of the big Korean car manufacturers quietly cancelled it's plans to build a factory in Thailand after the 2nd military coup. Some major semiconductor manufacturing facility, widely assumed to go to Thailand likewise- Vietnam won.
    The overall story seems to be, given the political instability etc, foreign investment in Thailand is in a holding pattern. No mass disinvestment, but little in the way of major new investment.
    In 2006, when I moved to Thai, the amount of FDI flowing into Thailand absolutely dwarved that going into Vietnam. Now it is exactly the opposite. But the TD yellow shirt sages assure me foreign investment doesn't matter.

  7. #7
    ความรู้ลึกลับ HuangLao's Avatar
    Join Date
    Jun 2017
    Last Online
    @
    Location
    สุโขทัย
    Posts
    7,654
    Why not encourage domestic growth with in these sectors, instead of relying on an off again/on again foreign capability.

  8. #8
    Thailand Expat
    Klondyke's Avatar
    Join Date
    Aug 2014
    Last Online
    Yesterday @ 11:08 PM
    Posts
    6,498
    Quote Originally Posted by sabang View Post
    the amount of FDI flowing into Thailand absolutely dwarved that going into Vietnam
    It's quite simple explanation: So many Industrial Estates already in Thailand, all with foreign companies, created here in the last 50 years. Just look around Pattaya, Rayong, Eastern Seaboard. Do you want even more?

    Are you comparing what has been invested in Vietnam within the last 50 years by foreign companies? Where reaching 150 km away from Hanoi had taken one whole day - my experience 20 years ago - hopefully nowadays better...

    Not to speak about the difficult dealing with Vietnam officials when all was controlled and decided by military (dealing uncomparable with Thailand)

  9. #9
    Thailand Expat
    Klondyke's Avatar
    Join Date
    Aug 2014
    Last Online
    Yesterday @ 11:08 PM
    Posts
    6,498
    ^BTW, all these foreign companies enjoying special privileges, paying few first years no tax (is it good for the country?) and many more incentives, covering here only the costs, no profits leaving here, read something about BOI...

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •