Toshiba Corporation has affirmed its confidence in Thailand by earmarking more than 1 billion baht to build a new factory here next year.
Work is 12% complete on a dyke surrounding Bangkadi Industrial Park in Pathum Thani province. However, Toshiba Thailand, a co-owner of the estate and major tenant, plans to build its next factory in a different location to mitigate its flood risk.
But the plant will be in a different location to reduce business risk, as the existing one in Pathum Thani's Bangkadi Industrial Park was severely flooded last year.
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