Thailand expects Tesla, Google, Microsoft to invest $5 billion, prime minister says
Technology
Thailand expects Tesla, Google, Microsoft to invest $5 billion, prime minister says
BANGKOK (Reuters) - Thailand's Prime Minister Srettha Thavisin said on Sunday the country expected to receive investment of at least $5 billion from Tesla (TSLA.O), Google (GOOGL.O) and Microsoft (MSFT.O).
"Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centres," he said, without detailing whether the $5 billion was expected to be a combined investment or made individually by each company.
Tesla, Google and Microsoft did not respond immediately to requests for comment.
Srettha was speaking to reporters in Bangkok after attending the U.N. General Assembly in New York where he also held talks with company executives earlier this week.
Fresh foreign investment would boost Thailand's flagging economy, which is expected to grow by 2.8% this year, less than previously projected, due to weaker exports.
