Great Wall plans to invest RM2.9 billion in Thailand

Great Wall plans to invest RM2.9 billion in Thailand

Great Wall Motor is gearing up to increase its presence in Thailand, the Bangkok Post reports. The Chinese automaker is planning to invest 22 billion baht (RM2.9 billion) into business expansion in the Kingdom, with local assembly set to begin next year.

The company is in the midst of upgrading the Rayong production facility it took over from GM earlier this year, and expects that upgrade works will be completed in the final quarter of the year. It will begin selling SUVs and pickups in the country early next year, but the long-term plan is to gain a foothold in the electric vehicle (EV) segment.

The automaker will not just build internal combustion engine (ICE) models but is looking at electrification intently, with plans to introduce hybrid and battery electric vehicles. The country’s industry minister, Suriya Jungrungreangkit, said the business plan would also create 3,435 jobs for the local populace.

He said Great Wall was continuing its investment in Thailand because of the state policy to promote the EV industry as well as the strong market potential in Thailand and ASEAN countries. He added that the automaker will have 45% local material content in its initial production next year, but would increase the percentage to 90% by 2025.

The Thai factory is the sixth overseas assembly plant for the company, and will provide it with a larger springboard for expansion into the ASEAN market. Earlier this year, Great Wall also agreed to purchase another GM plant, in India.

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Anthony Lim

Anthony Lim believes that nothing is better than a good smoke and a car with character, with good handling aspects being top of the prize heap. Having spent more than a decade and a half with an English tabloid daily never being able to grasp the meaning of brevity or being succinct, he wags his tail furiously at the idea of waffling - in greater detail - about cars and all their intrinsic peculiarities here.



  • Not Toyota Fan on Sep 25, 2020 at 11:25 am

    RM2.9 Billion investment into Thailand !!!! 3,435 jobs created. Long term EV vehicles. Maju lah Thailand.

    Like or Dislike: Thumb up 5 Thumb down 0
  • Ksatria on Sep 25, 2020 at 1:55 pm

    As expected, Msia lost in this game. Thank you policy makers.

    Like or Dislike: Thumb up 10 Thumb down 0
  • benard on Sep 25, 2020 at 2:20 pm

    I thought Great Wall springboard into ASEAN market is the Green Orange factory in Gurun, Kedah? What happened to that?

    Like or Dislike: Thumb up 2 Thumb down 1
    • dream_125 on Sep 25, 2020 at 8:17 pm

      The Rayong plant (Ex-GM) has a capacity of 180,000 cars and 120,000 engines. You cannot compare both plants.

      It’s understandable that Great Wall took the opportunity to purchase the already fully equipped Rayong plant for small money.

      Like or Dislike: Thumb up 2 Thumb down 0
  • Malek Saidin on Sep 25, 2020 at 3:56 pm

    Why Great Wall never invest in Malaysia? Looks like Thailand gets billions every other month for the past 25 years.

    Well done Thailand. You have done so well being a stable and progressive country

    Like or Dislike: Thumb up 12 Thumb down 2
    • Being a stable and progressive country? How did you cut yourself off the internet for the past few years?

      Like or Dislike: Thumb up 7 Thumb down 1
    • maybe can not get enough workers to work on the factory floors perhaps and need to source workers from thailand or myanmar.

      in that case, no point to set up plants in Malaysia.

      Like or Dislike: Thumb up 1 Thumb down 0
  • haval? on Sep 25, 2020 at 4:19 pm

    It is moe logical when they used the name Great Wall instead of Haval that is used in Malaysia….

    Like or Dislike: Thumb up 2 Thumb down 0
  • Derick on Sep 26, 2020 at 12:06 pm

    What has our NAP achieved? Our nation was supposed to lead in automotive.

    Like or Dislike: Thumb up 1 Thumb down 1

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