Sunday, April 08, 2007

"Opportunity for Thai airlines in India's northeast'

A senior Indian cabinet minister visited Bangkok recently to publicise a set of economic incentives aimed at boosting Thai investment in India's impoverished northeast.
Mani Shankar Aiyar, who is in charge of development for India's northeastern states, said that the unprecedented package would be revealed in full at the end of the month.
Mr Aiyar said that the government would forge joint ventures with companies interested in developing the region.
He also urged Thai companies to invest in tourism in India's Northeast, saying that government efforts to improve roads and airstrips were an opportunity for Thai tour operators and airlines. The incentives are set to be approved later this month.
The incentives would be in place until 2027, and are aimed at new investors, or companies that expand existing operations in the Northeast.
07/04/07 Umesh Pandey/Bangkok Post, Thailand
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