Economics
Thailand Takes Sales Pitch to Investors to Reverse Growth Slide
- Government to target foreign companies as early as next month
- Politics still weighing on confidence, finance minister says
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Thailand is taking its investment pitch straight to foreign companies to help lure them to an economy facing the threat of a prolonged slowdown amid political uncertainty.
The government will send “direct sales” teams out to meet targeted companies as early as next month to get them interested in investing in Thailand instead of Cambodia, Laos, Myanmar and Vietnam, Finance Minister Apisak Tantivorawong said in an interview Tuesday in Bangkok.