News Forum - FTI warns foreign businesses will invest elsewhere unless govt makes energy cheaper

[Thaiger]

The Federation of Thai Industries (FTI) warned the government that foreign businesses will not invest in Thailand if it maintains its unsustainable utility bills. The FTI insists investors will look to their more competitive Asian neighbours and set up camp there if the government does not make its energy cheaper. FTI Vice President Sompote Ahunai …

The story FTI warns foreign businesses will invest elsewhere unless govt makes energy cheaper as seen on Thaiger News.

Read the full story

[Pinetree]

As the utility and labour costs here are considerably lower  than in say the whole of Europe and the US, I would say that this report is close to nonsense.  They may not invest here for other reasons, laws, or lack of them, legal protections, barriers to new entrants, requirements for Thai partners, educational standards in the workplace and corruption, but utility bills will not be one of them. 

[Totoro]

@Pinetree

Spot on.