Firmly in the fast lane
Ford Asean shrugs off political uncertainty to lift Thai investment as it pursues greater market share in Asia.
The ups and downs of Thailand's political landscape are not having any impact on local investment by one of the world's largest automotive companies, Ford, or its plans to use the country for its regional headquarters.
The US-based automaker just last month decided to inject an additional US$350 million into the local operation.
"We made a long-term decision to invest in Thailand, and there were various criteria that were used to reach that decision," Peter Fleet, the president of Ford Asean, said in a recent interview.
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About the author
- Writer: Umesh Pandey
- Position: Editor for Asia Focus
