Thai developer warns of daunted investors

[BANGKOK] Thailand's largest industrial land developer, Amata Corp, said that it was worried that foreign investors could halt investments in Thailand after the implementation of martial law.

Several clients had already delayed signing contracts to buy land after the country's political crisis escalated, chief marketing officer Viboon Kromadit told Reuters on Tuesday. "We are monitoring how things develop after the announcement of martial law. If there are negative signs, foreign investors may stop investments. This will make it more difficult to recover," Mr Viboon said.

Thailand's army declared martial law on Tuesday to restore order after six months of anti-government protests that have left the country without a proper functioning government, but denied that it was staging a military coup.