Honda today held a ceremony to mark the start of construction of its new automobile production plant in Thailand, located within the Rojana Industrial Park in Prachinburi province. The ceremony was attended by Thai Prime Minister Yingluck Shinawatra, Japanese ambassador Shigekazu Sato and Takanobu Ito, president and CEO of Honda.
With an investment of approximately 17.15 billion baht (RM1.74 billion), including acquisition of the land and construction, the new plant is scheduled to become operational in 2015, with annual production capacity of 120,000 units and initial employment of around 1,200 staff. The plant will produce small and sub-compact sized vehicles.
The automaker currently assembles the Brio, Brio Amaze, Jazz, Jazz Hybrid, City and City CNG, Civic and Civic Hybrid as well as the Accord and CR-V in Thailand.
Also, Honda is planning to make an additional investment in its existing plant in Ayutthaya to further increase the plant’s annual production capacity from the current 280,000 to 300,000 units in 2014, by extending the production line. This, combined with the capacity of the new plant, means that Honda Thailand’s total annual production capacity will be increased to 420,000 units in 2015.