Government sets up one stop service post to help investors

Government sets up one stop service post to help investors

The Government has established a "One Start One Stop" service post for investors at the Office of the Prime Minister to assist Thai and foreign entrepreneurs facing problems with their businesses.

Prime Minister Abhisit Vejjajiva revealed in the "Confidence in Thailand with Prime Minister Abhisit" this morning that his administration was pushing ahead with its effort to shore up the ailing economy with economic stimulation plans for the medium and long terms in the hope to attract more private investments.

The Prime Minister admitted that many existing regulations, created across a gambit of agencies, had become a long standing problem for Thai and foreign businesses, demanding both their time and capital. The Government's economic ministers have thus approved in principal the adjustment of investment regulations.

The government effort to aid businesses will include the establishment of a "One Start One Stop" service center at the Office of the Prime Minister. The post will gather authorities from all relevant agencies pertaining to investment so that they are ready to help entrepreneurs and reduce the costs involved in complying with investment regulations.

National News Bureau of Thailand
08 March 2009