Meeting between Thai Deputy Prime Minister for Economic Affairs and a contingent of Japanese parliamentarians and private sector representatives (Source: NNT)
Bangkok (NNT/VNA) - ThaiDeputy Prime Minister for Economic Affairs has assured the public that Japan isconfident about joining in an investment project with Thailand to construct ahigh-speed rail line in the country and that investors from Japan have alsoshown interest in the Chachoengsao’s Smart City project.
Deputy Prime Minister Somkid Jatusripitakdisclosed the information after receiving a contingent of Japaneseparliamentarians and private sector representatives, saying that discussionsdid not touch on political issues as Japan has generally shown belief in thecurrent administration. He said the visiting group called for Thai officials tocare for the business sector.
At the talks, an energy producer from Japanthat uses para rubber in its operations indicated interest in investing inThailand. Somkid said the remarks underlined Japan’s good ties with Thailand.
On a joint Thailand-Japan high speed rail projectto connect Bangkok to Chiang Mai using the Shinkansen model, Somkid saidJapanese engineers are studying the planning work and could take over a year tocomplete their assessment. At the same time however, the Japan Bank forInternational Cooperation has dispatched a team to study Chachoengsao’s SmartCity project and could spend more than half a year deciding whether or not toinvest.
Meanwhile, the Deputy Prime Ministerremarked that the Thailand-China rail project will be the Kingdom’s drive toconnect internationally and that the government has been gradually approving atotal up to 100 billion baht budget for the undertaking, which will bemanifested in concrete investments next year.-VNA
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Meeting between Thai Deputy Prime Minister for Economic Affairs and a contingent of Japanese parliamentarians and private sector representatives (Source: NNT)
