{"id":21721,"date":"2023-09-24T07:03:19","date_gmt":"2023-09-24T07:03:19","guid":{"rendered":"https:\/\/microloannexus.com\/investing\/thailand-expects-tesla-google-microsoft-to-invest-5-billion-prime-minister\/"},"modified":"2023-09-24T07:03:19","modified_gmt":"2023-09-24T07:03:19","slug":"thailand-expects-tesla-google-microsoft-to-invest-5-billion-prime-minister","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=21721","title":{"rendered":"Thailand expects Tesla, Google, Microsoft to invest $5 billion -prime minister"},"content":{"rendered":"
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\u00a9 Reuters. FILE PHOTO: Thailand’s Prime Minister Srettha Thavisin speaks during a press conference after a weekly cabinet meeting at the government house in Bangkok, Thailand, September 13, 2023. REUTERS\/Athit Perawongmetha\/File Photo<\/span>
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BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla (NASDAQ:), Google (NASDAQ:) and Microsoft (NASDAQ:).<\/p>\n

“Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centres,” he said, without detailing whether the $5 billion was expected to be a combined investment or made individually by each company.<\/p>\n

Tesla, Google and Microsoft did not respond immediately to requests for comment.<\/p>\n

Srettha was speaking to reporters in Bangkok after attending the U.N. General Assembly in New York where he also held talks with company executives earlier this week. <\/p>\n

Fresh foreign investment would boost Thailand’s flagging economy, which is expected to grow by 2.8% this year, less than previously projected, due to weaker exports. <\/p>\n

Srettha spoke with Tesla CEO Elon Musk last week about the electric vehicle sector. <\/p>\n

Thailand, Asia’s fourth-largest automobile assembly hub, has been offering incentives to EV and battery makers, and tax cuts to local EV buyers, to remain a regional auto centre. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. FILE PHOTO: Thailand’s Prime Minister Srettha Thavisin speaks during a press conference after a weekly cabinet meeting at the government house in Bangkok, Thailand, September 13, 2023. REUTERS\/Athit Perawongmetha\/File Photo BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from<\/p>\n","protected":false},"author":1,"featured_media":21722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[32],"class_list":{"0":"post-21721","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"tag-featured"},"yoast_head":"\nThailand expects Tesla, Google, Microsoft to invest $5 billion -prime minister | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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