SEC Chief believes WEF will benefit Thailand

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BANGKOK, 1 June 2012  – Secretary-General of the Securities and Exchange Commission (SEC) Vorapol Socatiyanurak believes the World Economic Forum (WEF) on East Asia will help persuade investors worldwide to invest in Thailand’s infrastructure more. 

Mr.Vorapol on Friday talked about the World Economic Forum on East Asia hosted by Thailand in Bangkok, saying that the event sent a positive signal that Thailand was ready for foreign investment in various fields, especially investment in the projects that the government had announced in the forum. He said Thailand had an advantage in the food industry, agriculture, tourism, hospitals and energy. The SEC secretary-general therefore suggested that the country should need to accelerate investment in infrastructure which includes electricity and transport systems in order to establish itself as the center of tourism and business.

The World Economic Forum on East Asia was held in Bangkok from 30 May – 1 June 2012. Government and business leaders participated in the event.

The secretary-general stated further that the Stock Exchange of Thailand had developed an important tool to accommodate the investment plan by setting up an infrastructure fund.