Bangkok and other major centres have a high potential for urban transportation development in line with the lending policies of the Japan Bank for International Cooperation, JBIC chairman Hiroshi Watanabe said after a meeting with Prime Minister Abhisit Vejjajiva on Tuesday.
Such investment could raise the transport system the same level as Seoul and Tokyo,
Mr Hiroshi said the JBIC has a policy to provide loans in four priority investment areas -- to develop and produce clean energy, to improve efficiency in energy utilisation, to develop water resources management, and to develop urban transportations.
These priorities were in line with the medium and long-term economic stimulus policies of the Thai government.
He also invited Thais to investt in Japan. The JBIC was ready to provide information support relating to business and investment opportunity in Japan for interested Thai investors.
Mr Abhisit praised the close cooperation between Thailand and Japan, particularly in helping the Association of Souitheast Asian Nations (Asean) play a leading role in dealing with the global financial crisis.
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- Writer: BangkokPost.com
