Friday, 12 July 2013

Honda plans new manufacturing plant in Thailand to increase production



Honda Automobile (Thailand) Co. Ltd. has announced to start new manufacturing facility in Thailand - a major market for Japanese carmaker and an Asia-Oceanic R&D hub for the carmaker. Earlier this week, they conducted the ground stone laying ceremony of their new assembly plant at Rojana Industrial Estate, Prachin Buri.

The function was attended by Prime Minister of Thailand, H.E. Yingluck Shinawatra, and Japanese Ambassador H.E. Shigekazu Sato along with high ranking officials of Honda. This new assembly plant will be constructed at an investment of 17.15 billion Thai Baht (or US $550 million) while the plant will have annual production capacity of 120,000 units. The entire plant is expected to be commissioned by 2015 with an initial workforce of 1200 persons.

With the addition of the new plant, the total Honda's Thailand production capacity reaches 420,000.

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