Toshiba to build next plant in new spot to reduce risk | Bangkok Post: business

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Toshiba to build next plant in new spot to reduce risk

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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  • franklin

    ThailandPost : 1,273

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    Discussion 1 : 25 Mar 2012 at 15.341

    In other words there is little confidence in the Thai government and its water management plans to date. If I were an invester I'd be hot on the Toshiba tail.

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