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Honda to invest some US$644 mil. in new plant and expansion in Thailand

AFP
February 7, 2013, 11:44 am TWN

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TOKYO -- Honda on Wednesday announced plans to spend about US$644 million on building a new car plant in Thailand and expanding an existing factory as part of its bid to boost production in the country.

Japan's third largest automaker said that its Thai subsidiary would build the new factory in Prachinburi province, about 120 kilometers (74 miles) east of Bangkok, at a cost of 17.15 billion baht (US$575 million).

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