Investors understand Thailand's political rally: official

The majority of investors in Thailand understand the country's political situation, Board of Investment (BOI) secretary-general Atchaka Sribunruang Brimble said Wednesday.

If the ongoing mass rally by the anti-government group does not turn violent, the conflict won't affect the investment sentiment, she was quoted by the National News Bureau of Thailand (NNT) as saying.

Atchaka is also confident that the BOI will meet with a target of 500 billion baht (15.46 billion U.S. dollars) worth of investment projects to apply for the BOI investment promotion privileges in 2010.

Moreover, the BOI plans to continue with a plan to organize at least 150 roadshow activities to attract foreign investments in 2010 despite the political movement, she said.

The United Front for Democracy against Dictatorship (UDD) protestors on March 12 traveled from the countryside to stage the mass rally in Bangkok as their rally has been continuing.

The Internal Security Act (ISA) has been enforced by the government in eight provinces during the period from March 11 to March 23 to ensure security during the rally.

The ISA imposition has taken effect in the whole area of capital Bangkok and the neighboring Nonthaburi.

The ISA law has been enforced in some 21 districts of six other provinces nearby Bangkok, including Pathum Thani, Samut Prakan, Samut Sakhon, Chachoengsao, Nakhon Pathom, and Ayutthaya.

Source: Xinhua