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Prime Minister Says Electrolux and Others Keen to Invest in Thailand
Sep 27, 2004
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Italy's Vespa and Sweden's Electrolux want to step up investments in Thailand, according to the region's prime minister.

Thailand Prime Minister Thaksin Shinawatra made the comments in a radio speech after returning from a 4-day visit to Italy and Sweden, where he met with his counterparts and business leaders, including executives of motor scooter giant Vespa and the kitchen appliances maker Electrolux.

He said he got positive response at the meetings. "They are interested in having production in Thailand. Electrolux wants to expand. They already have production here and they want to expand," he said. "As for Italy, Vespa wants to have production."

Mr. Thaksin, who met with the president of Fiat cars and the president of the Confederation of Italian Industries, also said he invited Italian businesses to visit Thailand "as my guests so I can introduce them to our business sector." (AP)

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