Thailand’s new Prime Minister, Srettha Thavisin, has made headlines by announcing the country’s anticipation of substantial investments from tech giants Tesla, Google, and Microsoft, totaling at least $5 billion.
A total investment of $5 billion for Thavisin
While Thavisin didn’t specify whether this $5 billion would be a combined investment or separate commitments from each company, he provided insights into their potential endeavors. According to him, “Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centers.”
This exciting development was disclosed by Thavisin in Bangkok, following his address to the UN General Assembly in New York and meetings with business leaders earlier in the week. However, as of now, there has been no official comment from Tesla, Google, or Microsoft regarding these remarks.
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Thailand’s economy is poised for growth, with a 2.8% increase expected this year, thanks in part to the influx of foreign investment, despite challenges in export sectors. Thavisin also revealed his recent talks with Tesla’s Elon Musk during a visit to New York, during which they discussed Tesla, SpaceX, and the internet project Starlink.
These conversations underscore the potential for significant developments in Thailand’s tech and manufacturing sectors, heralding a promising future for the nation’s economic landscape.
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