Government assured Thai economy remains strong while eyeing to further boost tourism revenue

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BANGKOK, 2 August 2012  – The government has assured that the local economy remains sound and strong, while expressing confidence in boosting tourism revenue further.

Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong said that the Economic Cabinet meeting, chaired by Prime Minister Yingluck Shinawatra on Wednesday, agreed that the outlook of Thai economy remains strong and stable, despite persisting threats from inside and outside the country.

Mr. Kittiratt said the meeting noted that the government will step up its boost for the tourism industry. And after tourist arrivals during the first 7 months of this year totaled 12.9 million, he is confident that the total number of tourist arrivals in 2012 will exceed the initial target of 21 million.

He went on to say that, after the Donmuang Airport is fully operational in October, the crowdedness at the Suvarnabhumi Airport will be eased, especially after it reached its capacity in July during which it boasted 1.2 million arrivals and departures.

The Deputy PM has also expressed confidence that the tourism sector will continue to be a major engine to drive the Thai economy forward and bring in more income for Thailand.