US firms commit to Thailand
Bangkok Post · Mongkol Bangprapa ·
Automotive firms represented by the US-Asean Business Council (USABC) reaffirmed plans to maintain and expand investment in Thailand, retaining the country as a key global vehicle manufacturing and export base.
Automotive firms represented by the US-Asean Business Council (USABC) reaffirmed plans to maintain and expand investment in Thailand, retaining the country as a key global vehicle manufacturing and export base.
They pledged factory upgrades for combustion-engine and electric vehicles. They urged the government to promote investment, strengthen local parts makers, review excise taxes and speed up free trade talks.
The proposals were among seven sets of recommendations presented by a delegation led by Brian McFeeters, USABC president and chief executive officer, during a meeting with Prime Minister Anutin Charnvirakul on Thursday.
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