Thailand's PM meets HKCHCC delegation, woos Chinese investment

Thai Prime Minister Yingluck Shinawatra met with a delegation of Hong Kong China Chamber of Commerce (HKCHCC) here on Thursday to welcome more Chinese investment in the country. The lady prime minister said Thailand's pending mega-projects such as the comprehensive water management scheme and the infrastructure construction programs have provided lots of opportunities for companies from Chinese mainland and Hong Kong to invest in the kingdom. She said Chinese enterprises have shown strong competitiveness in the biddings recently opened for those projects and played increasingly important roles in Thailand's economic growth. On his part, Chen Jingwei, chairman and president of HKCHCC who headed the delegation, lauded the work of the Yingluck administration in leading Thailand onto a path of stable growth and prosperity, which he said has created conducive business environment for Chinese mainland and Hong Kong investors. With Chinese enterprises flocking to follow the trend of "going global," Thailand has become one of the most important destinations of their overseas investment, said Chen, who is also the vice chairman of the All-China Federation of Industry and Commerce. The delegation also paid visits to the Thai-Chinese Chamber of Commerce and the Thai Young Chinese Chamber of Commerce on Thursday to discuss future cooperation. HKCHCC is a Hong Kong-based business organization mainly composed of Chinese mainland private enterprises investing in Hong Kong and overseas via Hong Kong.