Text Version
RSS Feeds
Newsletter
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  SERVICES
  -Text Version
  -RSS Feeds
  -Newsletter
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
 -
 -
U.S. auto firms to increase investments in Thailand
+ -
19:45, September 23, 2009

 Related News
 Thai PM says not sure when Thai-U.S. FTA talks to resume
 Thai PM uncertain of form of economic recovery
 Thaksin: I'll be back to Thailand
 Thai major opposition opposes gov't plan on charter amendment
 Thai cabinet nods military, police procurement budget
 Comment  Tell A Friend
 Print Format  Save Article
Three U.S. car manufacturers have planned to increase their investments in Thailand, Kiat Sithi-amorn, a Thai trade representative, said on Wednesday in an interview with local media.

The three corporations includes Ford Motor Company, General Motors and Crysler as each has the expansion plan in Thailand worth at least 10 billion baht (297.53 million U.S. dollars), said Kiat, Thai language news agency Thai Rath Online reported.

Apart from the auto corporations, Coca-Cola Company, will also put at least one billion baht (29.75 million U.S. dollars) more to expand the company's business operation in Thailand, Kiat said.

Also, Cargill has expressed its interest to establish a regional center to distribute agricultural products in this region, Kiat added.

Thailand's Board of Investment organized a luncheon roundtable, where chief executive officers of top U.S. firms had a chance to discuss about investments in Thailand directly with the Thai Prime Minister, Kiat said.

Thai Prime Minister Abhisit Vejjajiva went to New York to attend the 64th Session of the U.N. General Assembly and the G20 Summit in Pittsburgh from Sept. 21 to 27. He will join the G20 Summit as the chairman of the Association of Southeast Asian Nations.

As Prime Minister Abhisit has signaled that the Thai government will keep supporting foreign investments, U.S. investors, whose operations have already existed in Thailand, are more confident to invest, Kiat said.

Source: Xinhua



  Your Message:   Most Commented:
Indian media stinks up public opinions
World's top ten most mysterious and horrible spots
Which country has the most beautiful women?
Baby alien found by Mexican farmer
How do India's middle school textbooks portray China?

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved

http://english.people.com.cn/90001/90778/90858/90863/6765944.pdf