Thailand expects to receive at least $5 billion in investments from Tesla, Google and Microsoft. This was announced by Prime Minister Settha Thavisin after returning from the UN General Assembly.
As Reuters notes, the head of the Thai government held talks with the leaders of American companies in New York, where the UN General Assembly was held.
Thavisin said Tesla plans to build an electric vehicle production plant in the country, while Microsoft and Google are planning data centers. At the same time, the Prime Minister of Thailand did not specify exactly how much companies invest.
The agency said foreign investment would strengthen Thailand’s economy, which is expected to grow 2.8% this year. This figure is 0.6% below the IMF’s summer forecasts due to weakening exports.
Photo: Unsplash
Author:
Akhmed Sadulayev
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
