Ministry of Industry still confident Thailand to become Asian Detroit

July 28th, 2008 - 4:04 pm ICT by Amrit Rashmisrisethi  

Minister of Industry Suwit Khunkitti (สุวิทย์ คุณกิตต) expressed confidence that Thailand will be able to become the “Detroit of Asia” by turning itself into a center for automobile production. Mr. Suwit’s comments came in contrast to the effects of soaring fuel prices that have hit the automobile industry in the nation but the minister affirmed that Thailand still has an advantage in the market in the form of a long term plan that circumvents fuel prices. The plan details the production of Eco-Cars that use less fuel and are environmentally friendly as well as increased promotion of alternative fuels that can be domestically produced such as ethanol and gasohol.

Mr. Suwit continued to say that stimulation of Eco-car production in the nation by the Ministry of Industry has begun with discussions with producers. It is projected that several local companies will be able to put their own eco-car creations into the market by the end of this year.

Source : National News Bureau, Public Relations Department of Thailand

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