PM clarifies investment in Thailand with US business community
NEW YORK, Sept 24 – Thai Prime Minister Abhisit Vejjajiva said he will explain investing in Thailand to a segment of the US businessp community, including the issues of the Map Ta Phut industrial projects and the 3G wireless service.
Mr Abhisit is attending the 65th United Nations General Assembly in New York from September 22-26.
The Thai prime minister was to meet representatives of US-ASEAN Business Council- USABC Thursday afternoon (New York time).
Prior to the meeting,Mr Abhisit said that investors did not understand the legal problems related to suspending the Map Ta Phut Industries and the delayed 3G licence bidding and that they thought that government should get both plans moving ahead.
However, regarding the 3G bids, he said the Supreme Administrative Court upheld the ruling to suspend the auction and that the Telecommunications Commission (NTC) must comply with the court. In terms of policy, the government must speed up the bill that would eventually lead to forming the National Broadcasting and Telecommunications Commission (NBTC), which will be authorised to allocate the 3G spectrum, by the end of the year.
Asked about resolving the long-delayed launch of the 3G, the prime minister said service trials have been conducted by the operators. He assigned the ministries of finance, and of information and communication technology to review the possibility of more quickly applying the technology and converting the existing 2G concession contracts into 3G agreements pending the ruling of the Constitution Court.
Thailand's Supreme Administrative Court on Thursday upheld the Central Administrative Court's injunction suspending distribution of the third generation (3G) wireless service licenses, saying the NTC was not authorised to make the awards.
The Supreme Administrative Court reasoned that the NCT's criteria for granting 3G licences was illegal and the auction process, if continued, could cause severe damage tothe country's procedural credibility.
The court ruled that the 3G auction should be held by NBTC which is to be set up soon.
Mr Abhisit is attending the 65th United Nations General Assembly in New York from September 22-26.
The Thai prime minister was to meet representatives of US-ASEAN Business Council- USABC Thursday afternoon (New York time).
Prior to the meeting,Mr Abhisit said that investors did not understand the legal problems related to suspending the Map Ta Phut Industries and the delayed 3G licence bidding and that they thought that government should get both plans moving ahead.
However, regarding the 3G bids, he said the Supreme Administrative Court upheld the ruling to suspend the auction and that the Telecommunications Commission (NTC) must comply with the court. In terms of policy, the government must speed up the bill that would eventually lead to forming the National Broadcasting and Telecommunications Commission (NBTC), which will be authorised to allocate the 3G spectrum, by the end of the year.
Asked about resolving the long-delayed launch of the 3G, the prime minister said service trials have been conducted by the operators. He assigned the ministries of finance, and of information and communication technology to review the possibility of more quickly applying the technology and converting the existing 2G concession contracts into 3G agreements pending the ruling of the Constitution Court.
Thailand's Supreme Administrative Court on Thursday upheld the Central Administrative Court's injunction suspending distribution of the third generation (3G) wireless service licenses, saying the NTC was not authorised to make the awards.
The Supreme Administrative Court reasoned that the NCT's criteria for granting 3G licences was illegal and the auction process, if continued, could cause severe damage tothe country's procedural credibility.
The court ruled that the 3G auction should be held by NBTC which is to be set up soon.
