Thus, some domestic investors secure foreign business partners to gain an advantage in their bids for government contracts. In many of these cases, foreign partners are suppliers for the project themselves. Of course, Thailand still has to rely on foreign supply of sophisticated products and technology to accommodate mega-infrastructure projects. More importantly, investors or consortiums with foreign partners should be required to commit to technology transfer. Still, the country should set technology transfer as a key criteria for foreign investors of those major infrastructure projects, whether they are individual investors or parts of Thai-foreign consortiums.

Source: Bangkok Post June 02, 2019 23:15 UTC