© Reuters. FILE PHOTO: Thailand’s Prime Minister Srettha Thavisin speaks throughout a press convention after a weekly cupboard assembly on the authorities home in Bangkok, Thailand, September 13, 2023. REUTERS/Athit Perawongmetha/File Picture
BANGKOK (Reuters) – Thailand’s Prime Minister Srettha Thavisin stated on Sunday the nation anticipated to obtain funding of no less than $5 billion from Tesla (NASDAQ:), Google (NASDAQ:) and Microsoft (NASDAQ:).
“Tesla can be wanting into an EV manufacturing facility, Microsoft and Google are knowledge centres,” he stated, with out detailing whether or not the $5 billion was anticipated to be a mixed funding or made individually by every firm.
Tesla, Google and Microsoft didn’t reply instantly to requests for remark.
Srettha was talking to reporters in Bangkok after attending the U.N. Normal Meeting in New York the place he additionally held talks with firm executives earlier this week.
Recent international funding would increase Thailand’s flagging economic system, which is predicted to develop by 2.8% this 12 months, lower than beforehand projected, as a consequence of weaker exports.
Srettha spoke with Tesla CEO Elon Musk final week concerning the electrical automobile sector.
Thailand, Asia’s fourth-largest vehicle meeting hub, has been providing incentives to EV and battery makers, and tax cuts to native EV patrons, to stay a regional auto centre.