Suzuki
Motor Corp, one of Japan’s leading automobile and motorbike manufacturers said
on November 16 that it will build a new automobile plant in Vietnam .
The new plant will be located in the southern
province of Dong Nai.
It will have a total investment of 1 billion
JPY (about $13 million). It is expected to meet the growing demand for autos in
the Vietnamese market.
The plant is scheduled to be put into
operation by 2013 with an initial production capacity of 5,000 units per year,
which will be increased gradually in the following years.
Suzuki Motor has produced motorcycles and
automobiles in Vietnam since 1993. At present, it turns out about 3,000 cars
per year.
VIR - VNA
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