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Saha to triple investment: Auto parts, fashion school in the pipeline.

Bangkok Post (Bangkok, Thailand)

| June 02, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Sukanya Jitpleecheep

Jun. 2--Despite mounting economic uncertainties, the Saha Group, one of the country's largest consumer-products conglomerates, yesterday announced plans to triple its investment this year to nearly one billion baht, with two new projects in the pipeline.

According to chairman Boonsithi Chokwatana, the new projects involve vehicle parts and a fashion academy.

"Based on our investment theory and the cyclical nature of our business, economic downturn is the best time for investment. There are a lot business opportunities because others have moved away," he said.

He said the group planned to set up a new ...

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