Ford weighs $1 bln investment in new Thai plant

Newswire

BANGKOK, Jan 31 (Reuters) - Ford Motor is looking at investing $1 billion in a new car plant in Thailand to produce up to 150,000 vehicles a year, 80 percent of which would be for export, the U.S. auto company said on Wednesday. Ford said the potential investment was contingent on Thailand's post-coup administration, which has recently proposed tighter restrictions on some foreign businesses, implementing policies conducive to foreign investment. "Like all major automotive manufacturers ...

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