The airline and its new chief executive officer, Paul Scurrah, are now examining its entire business operation.
The amount is equivalent to the total investment in its first data center, in the Eastern Economic Corridor in 2018, and the second in Bangkok, in 2019, said Abel Deng, chief executive of Huawei Technologies Thailand, in a press conference titled "Powering Digital Thailand 2021: Huawei Cloud and Connect" in Bangkok on Wednesday.
The announcements come a day before Fed Chair Jerome Powell is due to kick off two days of congressional testimony.
The agreement signing was also attended by Chinese Ambassador to Lebanon Wang Kejian and other officials.
The alliance, unveiled on June 12, was designed to service as the think tank of the country's intelligent and connected vehicle industry, as well as transmit technologies to production. The core mission of the alliance included promoting crossover collaboration, building national industrial standards and encouraging sustainable development.
The advocacy group is led by Max Baucus, a former US ambassador to China during President Barack Obama's administration who served as a US senator from Montana, and Richard Lugar, also an ex-US senator, from Indiana.
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The aim is to increase IAB output value to 1 trillion yuan by 2022.
The appeal is submitted ten days after Croatian state-owned highway operator Hrvatske Ceste (Croatian Roads) decided to award one of the biggest infrastructure projects in the country's history to a Chinese consortium led by China Road and Bridge Corporation.
The aggressive price, compared with 9 for the least-expensive iPad, shows how the Seattle retailer will be relying heavily on additional usage of its online services to subsidize the cost of its tablet. It’s expected to come with a free 30-day trial to Amazon’s /year Prime subscription, which will include access to more than 11,000 streaming movies and TV shows.
The agency will be directly under the State Council.