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Japan automakers to invest US$4.3 billion in Thailand over 5 years: Thai govt
Major Japanese auto manufacturers will invest 150 billion baht (US$4.34 billion) in Thailand over the next five years, a Thai government spokesperson said on Monday (Dec 25), supporting the Southeast Asian country's transition to making electric vehicles. Toyota Motor and Honda Motor will invest about 50 billion baht each, while Isuzu Motors will invest 30 billion baht and Mitsubishi Motors 20 billion baht, spokesperson Chai Wacharoke said, adding this would include the production of electric pickup trucks. Thailand's Prime Minister Srettha Thavisin concluded a trip to Japan last week. Southeast Asia's second-largest ... (full story)