Thai PM stresses Thailand is good place for investment

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DAVOS, Switzerland, Jan 28 — Thai Prime Minister Yingluck Shinawatra on Friday at the World Economic Forum (WEF) in Davos, Switzerland said that Thailand remained a good place for investment, as it was a centre of and gateway to the region.

She was also attempting to win the confidence of business people by affirming that Thailand has prepared measures to prevent a repeat of the flood crisis after massive floods in the country caused widespread damages.

Ms Yingluck was attending the 42th annual WEF and would take the opportunity to regain confidence of leaders and investors in Thailand after last year’s flood crisis.

During the 42th WEF, Ms Yingluck has already participated in three main sessions, including a round table discussion with international leaders and executives, and an informal gathering of World Economic Leaders (IGWEL) on “Defining the Imperatives for 2012” covering sustainable economic growth.

She told the discussion that  WEF  to strengthen its domestic economy in order to weather fluctuations in the world economy.

She was a keynote speaker at the opening conference called “Women as the Way Forward” intended to exchange opinions on the values and roles of female leaders.

Ms Yingluck stressed the importance of the equality between males and females for sustainable economic growth. She said the Thai government has placed importance on developing women’s roles and their quality of lives.

Ms Yingluck also participated in a discussion with business leaders and CEOs on “Public-Private Interaction on Thailand” to seek ways to develop Thailand’s economic potential and policy on water management and long-term reform measures in Thailand.

On Friday evening, Ms Yingluck has presided over “Thailand Night” and told the group of 700 guests that attended the event that Thailand not only had charming culture and beauty of nature but it was also a good business opportunity for investors.

She has assured guests which included world leaders and business leaders that with effective water management, there would definitely be no repeat of the flood crisis like last year’s problems.

The premier said Thailand was a strategic location to link with other countries in the region and they have prepared investment in infrastructure networking to all countries in the region.

Ms Yingluck also invited the world and business leaders to attend The WEF on East Asia that Thailand would host during May 30-June 1 in Bangkok.

The theme of this forum is called “Shaping the Region’s Future through Connectivity.”