Japan JFE reaffirms to still invest in Thailand

Published: 08 Oct 2009 22:56:48 PST

Oct. 9 MetalBiz--According to the October 5 report of Thailand World Daily, Surayud, the deputy prime minister of Thailand Industry Department stated that currently a total of 4 large-scale Japan companies have the intention to invest in the upstream steel enterprises in Thailand, among them, JFE Steel had sent the head to talk with Thailand and had promised to continue investing in Thailand. If Thailand needs the more detailed materials, JFE will provide the relevant knowledge to enhance the understanding in terms of environment and cellsite and meantime submit the application for investment to BOI.

Surayud said that the government thought the Southern regions are not suitable to invest the upstream steel enterprises' event, JFE Steel responds that if the Thailand has the deeper data and details to show clearly whether the region is fit or not, or the governmental policy is involved, JFE Steel will comply with to implement.