Srettha targeting US investment in Thailand at Apec CEO Summit


BANGKOK: Prime Minister Srettha Thavisin will seek investment from US business leaders at the seven-day Apec CEO Summit, starting on Saturday (Nov 11) in San Francisco.

Several big deals with US corporations are already in progress, building on previous talks during Srettha’s visit to the 78th United Nations General Assembly in New York in September.

Tesla, Google, Microsoft, Citibank, JP Morgan, and Estée Lauder have reportedly responded positively to the PM’s invitations to invest in Thailand.

Srettha is planning to hold talks with more than 10 major corporations at the Apec CEO Summit. The talks will cover possible investments in various sectors, including electric vehicles (EV), electronics, and digital industries.

The prime minister will also promote the Land Bridge project for a new trade route from the Gulf of Thailand to the Andaman Sea.

Srettha is seeking foreign investments for the 1-trillion-baht project to link the Pacific and Indian Oceans and open a new East-West trade corridor.

The PM will also join the Indo-Pacific Economic Forum (IPEF) and one-on-one meetings with American private sector representatives.

Thailand’s focus for economic collaboration includes trade, investments, elevating free trade agreements (FTAs), enhancing connectivity through infrastructure development, the Land Bridge project, and tourism. - The Nation/ANN

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