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German Carmakers, Japanese Manufacturers to Expand Thailand Investment.
Byline: Chatrudee Theparat
May 2--Two major German carmakers and five Japanese manufacturers will expand their investment in Thailand this year with plans to spend tens of billions of baht, according to Sompong Wanapha, the Board of Investment's secretary-general.
At least 170 Japanese investors had also expressed interest in making new investments in the country, he said in a briefing on the BoI's three roadshows in France, Germany and Japan, held from April 11 to 27.
Mr Sompong said that BMW would expand its assembly plant in Rayong to produce the first 7-series cars by June. DaimlerChrysler also planned to expand its facility in Thailand to ...
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Source: HighBeam Research, German Carmakers, Japanese Manufacturers to Expand Thailand...