The prime minister of Thailand, Srettha Thavisin, stated on Sunday that the company anticipated investments from Tesla, Google, and Microsoft totaling at least $5 billion.
He however did not specify if the $5 billion was anticipated to be a combined investment or funded separately by each company.
“Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centres,” he said.
After attending the U.N. General Assembly in New York, where he also had meetings with business CEOs earlier this week, Srettha was speaking to the media in Bangkok.
Thailand’s economy, which is anticipated to grow by 2.8% this year, less than earlier predicted owing to weaker exports, would benefit from further foreign investment.