Suzuki says it will build a 100,000-unit capacity plant in Thailand. It is planned the plant will start production in the summer of 2010.
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Reuters reported that the factory, to be located in the eastern province of Rayong, will build fuel-efficient cars being promoted by the Thai government to attract investment in export-oriented factories for small cars.
Bangkok this year revived the so-called ‘eco car’ project, offering tax breaks, duty exemptions and other incentives if manufacturers invested a minimum 5 billion baht and produce 100,000 vehicles annually by the fifth year of operations.
At full capacity, Suzuki’s new factory would have about 1,200 employees, it said in a statement.
It plans to produce 5,000 cars in the first year, a spokesman told Reuters.
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