News and Current Affairs

Thai industries express interest on ‘massive’ investing in PH

THAI industries have expressed interest in investing in the Philippines in a wide range of areas that include infrastructure, transportation, tourism and food security.

Kriengkrai Thiennukul, chairman of the Federation of Thai Industries, made this commitment in a roundtable conference with Thai business leaders and Philippine economic managers and officials in Bangkok on Saturday.

“We are ready to support… investing in food security and infrastructure such as transportation and promoting tourism with the Philippines to enhance the business sector for mutual expansion between the two countries in the future,” Thiennukul said.

The Thai business leader said through stronger partnerships between the Philippines and Thailand, the two countries can help each other in bolstering economic growth.

“We welcome to support trade and investment and other cooperation activities. I am confident that the cooperation and the close relationship between Thailand and the Philippines will help us achieve our economies’ trade and investment objective and create mutual benefit for the two countries in the future,” said Thiennukul.

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