Thai PM Engages Global Tech and Auto Leaders for Investment in Thailand
The Thai Prime Minister has engaged leaders from Volkswagen Group and Infineon Technologies AG to discuss investments in Thailand.
Volkswagen, recognized for its advanced auto engineering, runs 114 plants and sells in over 150 countries. The company aspires to expand its electric vehicle charging network to 45,000 quick charge points by 2025.
The Prime Minister invited Volkswagen to invest in Thailand, highlighting the two parties' strong historical trade ties. Volkswagen appreciated Thailand's supportive policies, while the Prime Minister commended the firm for its professionalism and commitment to clean energy.
Additionally, the Prime Minister met with Infineon Technologies AG, Germany's leading semiconductor producer, which ranks in the global top 10 and operates in 25 countries, focusing on the automotive industry. Infineon has transitioned to using 100% green energy in its operations in Europe, Texas, and in two Malaysian locations.
The Prime Minister lauded Infineon for monetary investments and its focus on research and training in Thailand. Infineon intends to boost its Thai investments and forge partnerships with universities and research bodies to train graduates for the semiconductor industry.