PM seeks to boost trade and investment on US visit
Thailand’s prime minister yesterday held discussions with leading US private sector executives, emphasising Thailand's readiness as a production base and in developing the supply chain.
Since arriving in San Francisco on Sunday (November 12) to participate in the APEC CEO Summit 2023, PM Srettha Thavisin had held a series meetings with private sector leaders to support collaboration, trade, and investment.
One of the first calls made by the PM and his delegation was to Tesla’s production facility in Fremont, California. The world leader in electric cars and energy registered Tesla (Thailand) on April 25, 2022, and is currently exploring investment opportunities in the Asian region.
The prime minister expressed satisfaction with the meeting with Tesla executives and the visit, saying that collaboration towards mutual creativity and future benefits, particularly in electric cars and clean energy, had been discussed with the aim of reinforcing Thailand’s position as a centre for electric vehicles (EVs) and alternative energy in the future. He also expressed the hope that Tesla would increase its investment in Thailand.
In the afternoon, Srettha held discussions with top executives of HP, a global company in the personal computer and laptop industry. The Prime Minister invited HP to turn Thailand into a production base, develop the supply chain, and establish regional offices. He stressed Thailand's readiness in terms of infrastructure and policies to facilitate business operations and invited HP to collaborate in the education sector to develop a skilled workforce.
Later in the day, the prime minister met with executives from Analog Devices, Inc (ADI), a major global integrated circuit (IC) manufacturer. Srettha supported ADI's expansion in Thailand, particularly in clean energy infrastructure, and assured them of the government's full support. He encouraged ADI to invest more in Thailand, emphasising the country's potential in clean energy.
In the evening, the Prime Minister Srettha attended a seminar on the Land Bridge project, held discussions with Thai private sector leaders, and participated in a networking reception at the Ritz-Carlton hotel.
