Thursday, February 3, 2011

Amata expects to ride auto industry

Amata Corporation Plc, Thailand's largest industrial estate operator, foresees healthier growth prospects this year, thanks to the boom in the automotive industry, says director and chief operating officer Viboon Kromadit.
"Last year was one of the golden years due to an increase in automotive production to an estimated 1.65 million units," he said, adding that 2011 output could exceed forecasts of 1.8 million units because the country's strong production base meant manufacturers would not move operations elsewhere.