Toyota looks to Poipet for Thai expansion

[geovalin]

Toyota Motor Corp’s (TM) trading arm Toyota Tsusho Corp (TYO), is to build a second rental plant in Banteay Meanchey province’s Techno Park Poi Pet to support the Japanese firm’s plans to further expand into the Thai market.

 

Naoto Sugita, the business park’s deputy managing director, told NNA News that TYO’s wholly owned, Poipet-based subsidiary Techno Park Poi Pet Pvt Corp had signed a contract with Japanese-Cambodian venture Sanco Cambo Investment Group Corp, which operates a special economic zone (SEZ) in Poipet, to build the facility.

 

According to the report, TYO is set to complete construction of the 8,000sqm factory in Techno Park Poi Pet – four hours from the Thai capital Bangkok – in August next year.

 

read more https://www.phnompenhpost.com/business/toyota-looks-poipet-thai-expansion

[Cake Monster]

Toyota building this new facility in Poipet ( Cambodia ), must be a real kick in the Nads for the Thai Government.

This must surely have been one of the " Target " projects for the Thai EEC, and could possibly spell the start of a massive change within the SE Asia Vehicle Manufacturing Sector.