Thailand is set to become a regional hub for electric vehicles ( EVs ), aviation, finance, and the digital economy, according to Sattha’s ambitions. He has also urged legislators to promote Thailand as a gateway for food, healthcare, and hospitality.
Prommin praised methods like visa-free tourism, policies to address family debts, and support for the crucial agriculture business, saying,” We are doing everything we can.”
Implementation was likely by late May, according to he said, and a crucial election promise to give away 10,000 Thai baht ( US$ 279 ) to 50 million Thais to spend in their local communities was still in the works.
Critics have warned that the president’s array of actions, particularly a US$ 14 billion “digital wallet” handout plan, may not be financially viable and could fuel prices.
TESLA TALKS WITH
According to a representative from the prime minister’s office, Thailand is still in discussions with automaker Tesla about possible investments in the nation.
For a hospital in Thailand that might include EVs and power generation, the government has granted the Volt maker entry to 100 % clean energy.
Supakorn Congsomjit said,” It is up to Tesla right now,” but he stayed silent about further details.
Tesla surveyed possible locations in the country late last month, he continued.
Thailand has seen a flurry of investment by Taiwanese EV manufacturers, including BYD and Great Wall Motor, totaling more than US$ 1.44 billion. Previously dominated by Japanese carmakers like Toyota and Honda Motor.
Prommin claimed that the government was working on several fronts, including easing visa requirements, amending laws to improve company simplicity, and upgrading physical and digital infrastructure, in an effort to attract more foreign investment.  ,