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Thai Board of Investment to Consider Proposed Toyota Expansion.
Byline: Chatrudee Theparat
Apr. 4--The Board of Investment on Tuesday will consider a major expansion programme proposed by Toyota Motor Thailand.
Toyota has proposed investing 21.58 billion baht to upgrade its Samrong plant in Samut Prakan to expand one-truck pickup production.
The Japanese auto gaint will later propose another project to the BoI, a 21.24-billion-baht investment in an auto parts facility, including the 3.33-billion-baht diesel engine project of Siam Toyota Manufacturing Co.
Toyota previously designated Thailand as its strategic global production base for one-ton pickup trucks and diesel engines.
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