ID :
120644
Fri, 05/07/2010 - 09:20
Auther :
Shortlink :
http://m.oananews.org//node/120644
The shortlink copeid
Thai government urged to build political stability to restore confidence
BANGKOK, May 7 (TNA) – The Thai government must give top priority to building political stability if it wants to restore investor confidence, according to Joint Foreign Chamber of Commerce in Thailand (JFCCT) chairman Nandor von der Luehe.
He said the government must have clarity regarding law enforcement because foreign investors still have doubts over the situation in Thailand, particularly the seizure of downtown Ratchaprasong intersection by the United Front for Democracy Against Dictatorship (UDD) protesters for their rally.
However, he believed existing foreign investors in Thailand would not shift their production bases, and that new foreign investors would have more time to study the feasibility for their investment projects.
The JFCCT chief said the government should step up its efforts to retake the Ratchaprasong and return trade activities in the area to normal.
Regarding the road map for national reconciliation proposed by Thai Prime Minister Abhisit Vejjajiva, he said although the announcement on the snap election remains unclear, it is one of ways out adopted by countries facing the political crisis.
Mr von der Luehe added that foreign investors were still waiting to see the UDD’s stance toward the proposed road map and studying details of the plan. (TNA)
He said the government must have clarity regarding law enforcement because foreign investors still have doubts over the situation in Thailand, particularly the seizure of downtown Ratchaprasong intersection by the United Front for Democracy Against Dictatorship (UDD) protesters for their rally.
However, he believed existing foreign investors in Thailand would not shift their production bases, and that new foreign investors would have more time to study the feasibility for their investment projects.
The JFCCT chief said the government should step up its efforts to retake the Ratchaprasong and return trade activities in the area to normal.
Regarding the road map for national reconciliation proposed by Thai Prime Minister Abhisit Vejjajiva, he said although the announcement on the snap election remains unclear, it is one of ways out adopted by countries facing the political crisis.
Mr von der Luehe added that foreign investors were still waiting to see the UDD’s stance toward the proposed road map and studying details of the plan. (TNA)
