Fast Auto Drive (Thailand) Purchases Land in Hemaraj’s Industrial Estate

Fast Auto Drive (Thailand) Co., Ltd., a subsidiary of Shaanxi Fast Auto Drive Group (Fast Group), a global leader in the production of transmission systems for heavy-duty vehicles, sealed the purchase of a 16-rai plot of land in the Eastern Seaboard Industrial Estate (Rayong), from Hemaraj Land And Development Plc. Fast Group will soon build one of its first overseas factories out of China, in order to meet the growing demand of customers from the US, Australia and Eastern Europe.

Shown in photo: Mr. Ma Xijun (5th left), Financial Controller for Fast Auto Drive (Thailand), exchanged contracts with Mr. David Nardone (4th left), President & CEO of Hemaraj Land And Development Plc. They were joined by Hemaraj Executive Vice President Mr. Vivat Jiratikarnsakul (3rd left) and other high-level executives from both companies.