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Banker: Ventures with Chinese in megaprojects possible.

Bangkok Post (Bangkok, Thailand)

| July 05, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Ploy Chitsomboon

Jul. 5--Beijing -- Chinese investment in Thailand looks to rise steadily in the future, including possible ventures in the government's new infrastructure megaprojects.

Vichit Surapongchai, the executive chairman of Siam Commercial Bank, said there had been a number of Chinese investors entering the Thai market, particularly in property, although the relative numbers have been relatively few.

But a recent co-operative agreement between SCB and the Export-Import Bank of China could help facilitate trade and investment ties between the two countries.

"With this agreement, we expect that China is set to invest in ...

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