PM boosts Japan’s confidence in Thai mega projects

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TOKYO, May 23 – Prime Minister Yingluck Shinawatra yesterday invited Japanese investors to join in the development of mega projects in Thailand for the growth of the Southeast Asian region.

Leading a delegation of Thai senior government officials and the private sector, she arrived in Tokyo Wednesday to participate in an international conference on “The Future of Asia” which opened yesterday and ends Saturday.

Prior to the conference, Ms Yingluck attended the Thai government sponsored Tokyo Roadshow under the theme “Building a Strong Foundation for Thailand and Asean.”

She urged Japanese investors to “jointly fulfill the dream for the future of the new generations of both countries” by investing in mega projects in Thailand including the Bt350 billion on water management, Bt2 trillion on infrastructure development and the extensive Dawei deep seaport project on Thai-Myanmar border which will open the door to the Indian Ocean and the West, whether South Asia, Central Asia, Africa and Europe.

She expressed her appreciation to the Japanese people for their confidence on Thailand and their willingness to invest in the Thai kingdom despite a massive flood disaster that severely hit the nation two years ago.

Deputy Prime Minister/Finance Minister Kittiratt Na-Ranong said he appreciated Japanese investor confidence in Thailand, especially the Dawei project, which he said will definitely benefit Japan.

He gave assurances that the investment procedures for Thailand’s infrastructure development under the Bt2 trillion loans will be transparent

Thai Transport Minister Chadchat Sittipunt said the Bt2 trillion projects in Thailand’s transport and communication infrastructure will take seven years to complete. He said the strategy is clear and the projects will be profitable to Japanese investors.