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Toshiba Thailand invests $66M in new air-con plant

Toshiba Carrier Thailand announced a new investment of Bt2 billion for its second air-conditioning unit plant at this central provinces Bangkadi Industrial Park.The new plant is set to double the capacity of the older Toshiba factory in the same area, covering an area of 19,100 square metres.

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Toshiba Carrier Thailand announced a new investment of Bt2 billion for its second air-conditioning unit plant at this central provinces Bangkadi Industrial Park.The new plant is set to double the capacity of the older Toshiba factory in the same area, covering an area of 19,100 square metres.

Toshiba Thailand

The investment affirms Japans confidence in investment in Thailand and will support higher buyer demand

The new production unit will produce 97 per cent of its output for export, according to Managing Director Akio Ozaka, and will focus on commercial air-conditioning units and Variable Refrigerant Flow VRF air-conditioning systems.”This plant will be Toshibas biggest air-con production base.

 It was planned since before last years flood,” said Mr Akio.He said the company was confident in Thailands flood prevention system and thus moved forward with the project.The first production line will start in February next year for export to 55 countries worldwide.Meanwhile, Toshiba Thailands chairwoman Kobkarn Wattanavrangkul said the investment reflected the company’s confidence in investing in the country.

via Toshiba investing Bt2 bln in new Thailand air-con plant.

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Corporate

The environmental case for remote working

Anyone searching for a silver lining to the pandemic should look to the clear, blue skies above them. A reduction in pollution worldwide has been an unintended benefit of the lockdowns and stay-in-place orders imposed to control the spread of COVID-19.

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Investment

Thailand Q1 Investment Applications Soar 80% as FDI More Than Double says BOI

The top three source countries of FDI applications during the first quarter were South Korea, China, and Singapore, with similar levels of investment. Korean investment soared due to a large-scale joint venture in the medical sector, Ms Duangjai said.

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The Thailand Board of Investment (BOI) said today that in the first quarter of 2021, investment applications rose 80% from the year earlier period to a total value of 123.4 billion baht (USD3.9 billion), led by projects in the medical and electric and electronics (E&E) sectors, as foreign direct investment (FDI) applications more than doubled.

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