Ford Motor Co has set a lofty goal of using its Thai factory as an Asean manufacturing hub once it commences eco-car production after the Board of Investment (BoI) approves its development plan.
Ford is one of 10 automobile makers including five existing eco-car manufacturers that officially applied for the second phase of the government's eco-car scheme at the end of last month, with a combined investment of 139 billion baht.
The 10 projects are set to produce 1.58 million eco-cars with investment about 100 billion baht higher than the combined outlay from the five eco-car manufacturers in the first phase.
Keep up-to-date with the latest on coup d'etat with Bangkok Post SMS News. Call *451391000 to subscribe – 39 baht/month (7 days free, available in Thailand only) Bangkok Post SMS News: Deliver only trustworthy news on SMS
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.