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$10 Million Fund to Invest in Thailand Vehicle Parts Industry.
Feb. 10--The Small Industry Finance Corp (SIFC) and Japanese investment firms plan to set up a $10-million (42 billion baht) fund to invest in the vehicle parts industry, said Chaiyuth Sudthitanakorn, senior expert for fiscal and tax issues at the Finance Ministry.
Vnet Capital, which has holdings in numerous IT firms, will manage the fund, with cash drawn mainly from Japanese investors.
Mr Chaiyuth said the domestic car parts industry was expected to grow steadily as a regional production ...
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Source: HighBeam Research, $10 Million Fund to Invest in Thailand Vehicle Parts Industry.