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  1. #1
    Mid
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    Thailand : PM outlines Thailand's automotive hub vision

    PM outlines Thailand's automotive hub vision
    29/01/2011

    Prime Minister Abhisit Vejjajiva has declared Thailand's vision to be the automotive production hub of Asia.

    He told the World Economic Forum in Davos, Switzerland, yesterday that the country has geared its policy towards becoming the region's major auto producer.

    Mr Abhisit told the ``Thailand and the Global Automotive Industry'' session that the vision was buoyed by the government's competitive export-oriented industry well known for producing high-quality one-tonne pickup trucks, eco-cars and motorcycles.

    Thailand holds many advantages, including a large pool of skilled labour employed at a competitive rate and an abundant supply of rubber.

    The PM said incentives were offered to attract investors, including exemption from import duty on machinery and corporate income tax exemptions for five to six years depending on volume of investment.

    Mr Abhisit also highlighted the government's plan to encourage the global automotive industry to use Thailand as its hub for business activities and as a product base in Southeast Asia.

    He said the automotive hub vision was enhanced by the fast development of Asean regional integration and free trade agreements with several countries.

    The country is also moving towards production of more fuel-efficient vehicles, including the hybrid, plug-in hybrid, electrical and fuel cell-powered models, with the introduction of special reduced excise tax rates for those vehicles.

    Thailand's notable advantage is that it is a natural gateway to Asia with a well-developed infrastructure and efficient connectivity to the rest of Asia and beyond.

    Mr Abhisit said the government has huge investment plans for the country's infrastructure and logistics network and Thailand would form part of the economic corridor linking Asia's north and south.

    Mr Abhisit has joined at least 35 other national leaders at this year's World Economic Forum, which ends on Monday.

    bangkokpost.com

  2. #2
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    Thailand certainly does have a useful niche here.

  3. #3
    Have you got any cheese Thetyim's Avatar
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    Did anyone ask him why Toyota have moved production of the Fortuner to Indonesia?

  4. #4
    euston has flown

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    The Indonesians have less forskins than Thailand

  5. #5
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    Quote Originally Posted by Thetyim View Post
    Did anyone ask him why Toyota have moved production of the Fortuner to Indonesia?


    Toyota not moving Fortunerís production out of Thailand
    Submitted by Jaideep Kumar on 2010, June 19 - 10:26

    While, there were some media reports that the global automobile giant, Toyota Motor Corporation will be shifting its production base out of Thailand for international exports from Indonesia, the company has rather refused any intentions of doing so.

    Notably, amidst all the speculations, it surely angered the Thailand's Board of Investments (BOI), which accused the auto major of hampering investor confidence in the marketplace. However, the good news for all the consumers back in the Indian market is that they could get their hands on their own Fortuner SUVs sooner than expected.
    The company has clarified that the CKD units of the Toyota Fortuner for India would continue to be brought from Thailand and once the Indonesian factory of the automaker is ready for production, the Thailand plant will have to cater only fewer export markets.

    While the Indian subsidiary that works in a JV with the Kirloskar Group has closed the bookings for the SUV for the past many months now, but, the consumer interest is not going down by any means. In fact, one can easily spot many consumers at the Toyota dealerships enquiring about the Fortuner.

  6. #6
    Have you got any cheese Thetyim's Avatar
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    Thanks but it still isn't clear.
    Will Fortuners sold in Thailand be coming from Indonesia ?

  7. #7
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    Quote Originally Posted by Thaihome
    Thailand's Board of Investments (BOI), which accused the auto major of hampering investor confidence in the marketplace
    Exactly the sort of stoopid, counterproductive response I would expect from them. Toyota has a fiduciary duty to it's shareholders, not the frikkin BOI. The fact they are casting their net wider is perfectly understandable.

    On balance, when you consider the civil unrest and politico/legal/military shenanigans here, Thailand Inc. has got off pretty lightly. They have a useful niche- a 'first mover advantage' if you like- in the auto manufacturing industry. They should indeed continue to exploit this- and the BOI is not helping with pigheaded comments like that! It is the sort of rhetoric that drives investors away.
    probes Aliens

  8. #8
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    Thankfully, my 4x4 Toyota pickup was imported from Japan.

  9. #9
    ding ding ding
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    Quote Originally Posted by Mid
    Thailand holds many advantages, including a large pool of skilled labour employed
    There is no larege pool of skilled labour here, this is bullshit, there are very few capable, competant prospective empoyees to choose from. Those who have any degree of capability, have their own business and would not be seen dead hanging door on the civic production line.
    Quote Originally Posted by Mid
    The country is also moving towards production of more fuel-efficient vehicles, including the hybrid, plug-in hybrid, electrical and fuel cell-powered models
    Thailand will move towards whatever the Japanese want it to fucking move towards

    Lets be under no illiusions here, Thailand is just a cheap assed sweatshop, fools like Abashit beilieve it is more than that. They need to get it into their thick head that the only reason the nips want production here is so that they don't have to pay any other fuckers more money to knock out motors. to try and dress this up as anything else is glaringly moronic.

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