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Japan quake to impact on investment in Thailand: FTI

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BANGKOK, 14 March 2011 (NNT) – The Federation of Thai Industries (FTI) has expected that the expansion of Japanese projects in Thailand would slow down by about two to three months after the quake and tsunami attack.

FTI Board of Directors Chief Advisor Santi Vilassakdanont stated that the deadly disaster has negatively affected the Japanese economy to the extent that Japanese investors might have to delay their investment in Thailand by about two to three months.

The chief advisor indicated that the Japanese government was preparing measures to assist its industrial sector as well as investors; therefore, he believed that investment slowdown would only last for a short-term period.

NNT


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