Toyota outlays B8.2bn for expansion
New Gateway plant, restart TAW factory
- Published: 18/01/2012 at 08:27 AM
- Newspaper section: Business
Toyota is planning a new 7-billion-baht factory at Chachoengsao's Gateway Industrial Estate to meet growing demand at home and abroad.
The Japanese carmaker will also spend 1.2 billion baht to retool the Thai Auto Works (TAW) factory in Samut Prakan to restore production after temporarily halting in May 2010.
The new investment underlined Toyota's confidence in Thailand despite its month-plus local shutdown as floods disrupted the local parts supply.
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About the author
- Writer: Santan Santivimolnat
- Position: Reporter
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