Prime Minister Yingluck Shinawatra to Stimulate Confidence in Thailand at the World Economic Forum

(26/01/2012)

After her official visit to India, Prime Minister Yingluck Shinawatra is scheduled to attend in the 42nd Annual Meeting of the World Economic Forum on 27-28 January 2012 in Davos, Switzerland. The Prime Minister will take this opportunity to stimulate confidence in Thailand after the flood crisis in 2011, causing huge damage to the business sector. The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic, and other leaders of society to shape global, regional and industry agendas. Over 2,500 participants from all over the world, including heads of state or government, business leaders, and members of the media, are joining this year’s meeting. The forum in 2012 focuses on the theme “The Great Transformation: Shaping New Models,” which reflects the need for a profound overhaul in the face of a fraying global financial system and lingering economic malaise. Prime Minister Yingluck will participate in three sessions on “Defining the Imperatives for 2012,” Women as the Way Forward,” and “Public-Private Interaction on Thailand.” She will hold talks with leaders of several countries, such as Poland, Tanzania, Switzerland, and Pakistan. Moreover, the Prime Minister will hold discussions with business leaders from such companies as Sumitomo Chemical, Coca-Cola, and Swiss Re. She will also give interviews to CNBC, Euronews, and the Financial Times. The Prime Minister will explain to the global audience the issues regarding the political and economic situation in Thailand and the Government’s water resource management plan. She will also work to restore investor confidence and touch on the issue of Thailand’s investment promotion policy. In addition, Prime Minister Yingluck will inform participants in the meeting that Thailand will host the World Economic Forum on East Asia 2012 in Bangkok from May 30 to June 1. Located at the heart of ASEAN and representing its second largest economy, Thailand is an ideal place to discuss how senior decision-makers can shape the region’s future opportunities while creating the models for improved risk management and sustainable and equitable growth. In this context, the 21st World Economic Forum on East Asia will be an exceptional opportunity not only for leaders from the ASEAN region, but also for those who see in the ASEAN countries a major evolving geopolitical and geo-economic pillar of the global economy. The 10 ASEAN countries, with a combined population of about 600 million, are scheduled to form a single market and production base by 2015.