Karl-Heinze Heckhausen, president of the German-Thai Chamber of Commerce (GTCC), said as foreign investors in Thailand, German investors wanted to keep out of Thailand's politics. He said investors are still confident of doing business and investing here.
"A protest is a democratic way that shows people participation. I've no worries about the investment environment in Thailand, despite the recent protests. Of course, business people would prefer normal circumstances and any disagreement should be debated in the parliament," said Heckhausen
Asked about the corruption problem in Thailand, the GTCC president said that German investors do not accept it. They are very strict and comply with law and regulations. Corruption is a bad thing and German enterprises are very serious on the issue, he said.
Speaking during "Business Talk" organised at German Residence, Heckhausen also said that many German investors would like expand and make new investments in Thailand, especially under the Bt2-trillion project.
He said 10 German firms involved in technology, engineering and machinery and automobile industry would like to start new investment in the Kingdom. With Thailand's focus on infrastructure development, and being considered as a centre of Asean integration, Thailand could draw in more investment from Germany, he added.
However, Heckhausen expressed concern over the labour shortage in the country as it could not serve the demand for personnel of many foreign firms.
The shortage of qualified workers should be solved soon. German investors have also tried to train more young generation to become qualified workers.
Marc Saxer, resident director at Friedrich Ebert Stiftung, said that many foreign investors, including Germans, remained highly concerned about Thailand's political situation. The current problem is not new for them, but it still destroys the investment environment for Thailand.
Investors hope the problem will be resolved in a short period, he said.
German Ambassador to Thailand Rolf Schulze said many German investors would like to invest in Thailand.
He said the German government and German businesses are eager to stay engaged with Thailand. Some German companies may even decide on major new investment in Thailand soon. This would be an additional sign of trust in the future development of this country, he said.
At present, nearly, 600 German companies are based and active in Thailand.
Some of Our Investment Properties:
15 Minutes from Cha-am
Unfinished 5 Story Condo Building & Clubhouse
26 Rai = 4.16 Hectares
30 M Beachfront
Full Chanote Title Deeds
No Road Between Beach & Land
Gov't Paved Road Frontage
All Utilities on Site
Price: 296 M THB
9 Room Guesthouse with Staff Quarters
Land Area: 325 T. Wah = 1,300 Sq. Meters
Room For Pool or Second Building
Rooms Rent for 700 - 1,000 THB per Night
On site Laundry & Kitchen
Restaurants & Spas Nearby
Price REDUCED: 9 M THB [convert]
41 Rai = 6.56 Hectares - Full Chanote
108 Meter Absolute Beach Front
Filled & Ready to Build On
Municipal Water & Electric in Place
Private Road from Main Road Almost to Beach
Price: 1.435 Billion THB [convert]
Railway Frontage - Natural Water Source
72 Rai 20 T. Wah = 11.53 Hectares
Full Chanote Title Deeds
Water, Electric & Internet Lines in Place
Price: 417.6 Million THB [convert]
9 Furnished Studio Rental Units
200 T. Wah = 800 Sq. Meter Land Plot
Full Chanote Title Deed
Located in a Resort
Swimming Pool -Restaurant
Units Rent for 800 - 1200 THB per Night
Price: 4.6 Million THB [convert]