Japan Still Likes Thailand for Investment
A study from last year by the Japan Bank for International Cooperation (JBIC) demonstrated that Thailand is fourth on the list of nations most favored by Japanese investors – just behind China, India and Vietnam – Stock Exchange of Thailand (SET) president Pattareeya Benjapolchai announced on Tuesday.
“Japanese investors considered Thailand to have several positive factors that help their business and investments. However, they were still concerned about social and political instability,” Mrs Pattareeya was reported to have said in local media.
She was talking at a forum on “Thailand: A Promising Country for Foreign Companies”, a part of a seminar on “The 2009 JBIC Survey Report on Overseas Business Operations by Japanese Manufacturing Companies” organized by the SET and JBIC.
Mrs Pattareeya said Japanese combined outlays accounted for 22 per cent of the sum foreign investment in Thailand. Japanese had supplied about US$2.1 billion here in the past five years.
Japan is a chief trading associate with Thai exports to Japan in 2009 totaling about US$15.7 billion.
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