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Suzuki to build automobile plant in Vietnam
2011-1118
Suzuki Motor Corp, one of Japan’s leading automobile and motorbike manufacturers said on November 16 that it will build a new automobile plant in Vietnam.
The new plant will be located in the southern province of Dong Nai.
It will have a total investment of 1 billion JPY (about $13 million). It is expected to meet the growing demand for autos in the Vietnamese market.
The plant is scheduled to be put into operation by 2013 with an initial production capacity of 5,000 units per year, which will be increased gradually in the following years.
Suzuki Motor has produced motorcycles and automobiles in Vietnam since 1993. At present, it turns out about 3,000 cars per year.
The new plant will be located in the southern province of Dong Nai.
It will have a total investment of 1 billion JPY (about $13 million). It is expected to meet the growing demand for autos in the Vietnamese market.
The plant is scheduled to be put into operation by 2013 with an initial production capacity of 5,000 units per year, which will be increased gradually in the following years.
Suzuki Motor has produced motorcycles and automobiles in Vietnam since 1993. At present, it turns out about 3,000 cars per year.
Source: Dau tu
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