The Thailand Automotive Institute is lobbying for a 10 billion baht ($260 million) strategy to make Thailand a regional automobile industrial center. Under the proposal, Thailand’s auto industry would grow to a TB1.3 trillion ($33.8 billion) sector by 2010 from about TB700 billion ($18.3 billion) in 2004, the group says. Institute President Vallop Tiasiri says spending would be a combination of government and industry investment. “Without any action, car production and exports will not ...
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