Top French firms still confident about investing in Thailand

BANGKOK, June 24 (TNA) – Executives of France’s largest companies affirmed they had no plan to withdraw investment from Thailand and was considering investing more in the country, according to Foreign Minister Kasit Piromya.

Mr Kasit made the revelation during his official visit to Europe as part of the government’s effort to restore foreign investor confidence in Thailand.

The foreign minister had an opportunity to discuss with executives of the French Employers Council comprising representatives of major companies such as Michelin, Alcatel, Airbus, and Casino (BigC).

Interviewed after the meeting, he explained Thailand’s political atmosphere and direction to the representatives of the French private sector.

They remain confident in Thailand and affirmed their companies had no plan to withdraw investment from Thailand. In contrast, the firms planned to invest more and were ready to give full cooperation.

He said the Airbus executive was satisfied with Thailand’s proposal to serve as a base for pilot training in the region.

In January next year, the council will send its delegation to Thailand to observe the investment atmosphere and explore investment opportunities in various projects. It showed French investors preferred doing business in Thailand in the long run, he added. (TNA)