Thailand: Matsushita Electric Industrial plans to invest Bt6 billion in Thailand over 3 years.

(From Thai Press Reports)

Section: Corporate News - Matsushita Electric Industrial, best known for its Panasonic brand of audio-visual and electrical-appliance products, on January 16 showed its commitment to Thailand by revealing plans to invest at least Bt6 billion here over the next three years, The Nation reports.

The money will be used in it production facilities, particularly in Bang Phli district of Samut Prakan province, and for marketing activities, and the investment will be part of the company's growth strategy in the Kingdom. Panasonic expects to increase its total revenues in Thailand from Bt67 billion in fiscal 2006 to more than 100 billion in …