Carmaker Stellantis Interested In Investing In Thailand - PM Srettha Thavisin
Anis
11-3-2024
Stellantis is interested in investing in Thailand, Southeast Asia's largest car producer and exporter, Prime Minister Srettha Thavisin announced on Saturday.
In comments on social media platform X, Srettha said he also met with officials from other companies during a visit to France, hoping to attract investment to boost a faltering economy, which unexpectedly contracted in the fourth quarter of 2023.
"Stellantis is interested in investing in Thailand," Srettha said, adding that he had discussed mutual cooperation with the world's fourth-largest automaker, which owns brands like Fiat, Peugeot, and Citroen.
"Certainly, the government is ready to support it," he said, without providing further details.
Thailand announced on Friday that French tyre maker Michelin planned to invest an additional 300 million euros ($328 million) in the country.
Thailand, which also aspires to be the region's main electric vehicle production hub, has received investment commitments of more than US$1.4 billion from Chinese EV manufacturers to build production facilities.
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Anis
Previously in banking and e commerce before she realized nothing makes her happier than a revving engine and gleaming tyres........
JPJ Running Numbers
KUALA LUMPUR
VPC1440
SELANGOR
BSE4486
JOHOR
JXW5014
PULAU PINANG
PRQ3484
PERAK
ANV3498
PAHANG
CFB6586
KEDAH
KGA4254
NEGERI SEMBILAN
NEF7147
KOTA KINABALU
SJK7403
KUCHING
QAB3070L
Last updated 01 May, 2025
Fuel Price
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RM 2.05
RON 97
RM 3.18
RON 100
RM 5.00
VPR
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Diesel
EURO 5 B10
RM 2.88
EURO 5 B7
RM 3.08
Last updated 01 May, 2025
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