Foreign investors are still confident of the country's economic potential after they met senior Thai authorities yesterday.

According to the National News Bureau of Thailand, the Joint Foreign Chambers of Commerce in Thailand (JFCCT) led by its president Mr Stanley Kang had a meeting with Minister attached to the Prime Minister's Office Suvit Maesincee at Government House yesterday, and voiced confidence in the country's economy.

The minister thanked the JFCCT team for the continued confidence in Thailand's economic potentials and good cooperation with the government, as well as the effort to push forward government's policies and measures towards concrete results.

The JFCCT chief thanked the minister and the Thai government for supporting foreign business operations in Thailand, but the JFCCT is now concerned with regulations on requests for work permits and visas which make it difficult for foreigners to invest in Thailand.

The minister said the government is facilitating foreign investors, and is now considering the streamlining of unnecessary laws, and make amendments to laws which create unnecessary complex procedures aiming to improve the service to be more quicker and transparent.

He said it is the government's priority to improve the work permit and visa request procedures in order to enhance the competitiveness and assist foreign businesspersons.

The JFCCT chief added the JFCCT will work closely with the Thai government, and that it still believes in the economic capability of the country.

Source: Thai Public Broadcasting Service (Thai PBS)

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