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MOI to encourage Daihatsu to set up plant to make tuk tuk engine.

Asia Africa Intelligence Wire

| February 01, 2002 | COPYRIGHT 2002 Financial Times Ltd. 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

The Industry Ministry plans to encourage Daihatsu Co, the Japan-based vehicle maker, to set up a plant to produce engines for the assembly of tuk tuk (three-wheeled motored vehicles) in the country under the Thai Chaiyo Tuk Tuk Program.

Deputy Industry Minister Pichet Sathirachawal said Pranakorn Yontrakarn Co, a local distributor of Daihatsu vehicles, had expressed its intention to jointly produce the ministry-developed tuk tuk by importing engines from Daihatsu Co for the assembly of 500cc-engine tuk tuk in Thailand with total investment of one billion baht.

Mr Pichet said he personally disagreed with the import of engines for the assembly. Instead, he wanted Daihatsu to set up its plant in Thailand to produce the engines ...

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