BANGKOK, 21 November 2014 – Prime Minister Prayut Chan-o-cha asserted that he had no intentions to amend the Joint Investment Bill, but would make improvements to it.
General Prayut stated that sections of the bill regarding the investment process would be revised to make it shorter and more investor-friendly. As for the digital economy policy, the working committee is now devising a framework, which would be implemented to promote the use of technology in the current economy.
The framework will be then proposed to the cabinet for consideration in the beginning of December. The Thai government is also planning to encourage giant overseas companies to invest and open their regional offices in Thailand.
He reiterated that the government is doing its best in moving the country forward, despite a few problems with the Thai economy. The premier cited the financial aid scheme for farmers as an example, which has been slow due to certain issues in the registration process. General Prayut said the government would take actions in case any irregularities are found.
