European carmaker Stellantis is inquisitive about investing in Thailand, the most important producer and exporter of automobiles in Southeast Asia, Prime Minister Srettha Thavisin stated on Saturday.
In feedback on social media platform X, Srettha stated he additionally met officers of different corporations throughout a go to to France, looking for to attract funding to spice up a flagging financial system, which unexpectedly shrank within the last quarter of 2023.
“Stellantis is inquisitive about investing in Thailand,” Srettha stated, including that he had held discussions on mutual co-operation with the world’s fourth-biggest carmaker, the proprietor of manufacturers akin to Fiat, Peugeot and Citroen.
“Actually, the federal government is able to help it,” he added, with out giving particulars.
On Friday, Thailand stated French tyre maker Michelin deliberate to speculate 300 million euros (USD 328 million) extra within the nation.
Thailand, which additionally has ambitions to grow to be the principle electrical car manufacturing hub within the area, has drawn funding commitments of greater than USD 1.4 billion from Chinese language EV makers to construct manufacturing amenities.
![Pinterest](https://pinterest.com/pin/create/button/?url=https://livdose.com/carmaker-stellantis-inquisitive-about-investing-in-thailand-pm-says-et-auto/&media=https://i3.wp.com/etimg.etb2bimg.com/thumb/msid-108348440,imgsize-77604,width-1200,height=765,overlay-etauto/industry/carmaker-stellantis-interested-in-investing-in-thailand-pm-says.jpg?w=1200&resize=1200,0&ssl=1&description=Stellantis Investment In Thailand: "Stellantis is interested in investing in Thailand," Prime Minister Srettha Thavisin said, adding that he had held discussions on mutual co-operation with the world's fourth-biggest carmaker, the owner of brands such as Fiat, Peugeot and Citroen.){kind=link}