Thailand is in a good position to attract rebounding global foreign direct investments, thanks to the country’s strong economic recovery, Prime Minister Abhisit Vejjajiva says.
Mr Abhisit on Thursday told the launch of the World Investment Report 2010 prepared by the United Nations Conference on Trade and Development (Unctad) that Thailand is among Asian countries whose economies have recovered significantly from the global financial crisis.
“Global investments have shown clear signs of a rebound. Thailand and Asia have been perceived as the main locations for world investments and have played major roles in driving the global economic recovery,” he said.
Figures from the Board of Investment (BoI) indicate that foreign direct investments (FDI) into Thailand rebounded from late 2009 and continued to grow in the first half of this year.
FDI has arrived from major investors such as Japan and from other countries which want to step up their presence here, Mr Abhisit said.
The tourism sector, which was hard hit by the recent political turmoil, has remained an area attracting foreign investments.
But investments over the past month are not only in sectors in which Thailand is a major player. They also are in industries which have the potential to grow, he said.