Foreign investment in Thailand may decline in the long term if the government fails to tackle expensive power bills, making the nation less competitive than its neighbours, warns the Federation of Thai Industries (FTI).
The government may need to consider more efficient use of its power surplus for economic purposes, which could eventually ease the impact of high electricity prices, said Sompote Ahunai, vice-president of the FTI and chief executive of Energy Absolute Plc.
