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Fiat interested in setting up a Thai production plant |
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Fiat, an Italian auto-maker, has expressed interest in setting up a production plant in Thailand with an investment of more than US$1 billion, according to the Minister of Industry Suwit Khunkitti. “The company’s executive will meet me next week. They would like to know about the market, tax privileges and other details. However, they are not yet to make any decision,” Suwit Khunkitti said.
Fiat is one of the leading manufacturers of E85-compatible cars in
Brazil. Therefore, it has a strong potential to compete with other
auto-makers in alternative-fuel vehicles and small-sized passenger cars. |
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The Nation, 29. June 2008 |
