Huge private investment will return to Thailand once the political conflicts and Map Ta Phut crisis are put to an end, said former deputy prime minister MR Pridiyathorn Devakula.
He noted that all economic indicators but private investment are heading up. Once the conflicts end, investment will resume regardless of House dissolution or not.
"Politics could turn good or bad, but all must be peaceful so that investment will resume. It is favourable that there is no violence and no damage. Investors will understand that our demonstration is within the democratic rule," he said today.
He noted that businessmen are ready to invest in at least 60 plants, covering 120,000 workers, if confidence is elevated. Once the political and Map Ta Phut conflicts end, the gross domestic product (GDP) would thus definitely exceed 5 per cent this year.
Pridiyathorn also commended the government of right business direction.
