JTEPA to boost Thai business but lower Japan’s investment : Kosit

The Nation (Bangkok) | 11 September 2007

JTEPA to boost Thai business but lower Japan’s investment : Kosit

Deputy Prime Minister and Industry Minister Kosit Panpiemras said the Japan Thailand Economic Partnership Agreement (JTEPA) will help boost Thailand’s business potential including human resource development and IT development which will bring about sustainable growth.

However, he said Japan’s investment in Thailand will fall.

He said over the next five to 10 years, Thailand will still be key production base in the region.

In 2006, Japan’s investment in Thailand was recorded at Bt2.3 billion.

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source: Nation