Suzuki Purchases 412 Rai in Hemaraj Eastern Seaboard Industrial Estate for Eco-car Production Base

Suzuki Motor Corporation, a leading car manufacturer recently signed an agreement with Hemaraj Land And Development Plc., to purchase land of 412 rai at Hemaraj Eastern Seaboard Industrial Estate or the Detroit of the East II. The land will be used for the construction of Suzuki’s BOI promoted Eco-car manufacturing and CKD kit assembly plant, scheduled to commence operation in 2010. The total value of investment is 9.5 billion Baht.

In the picture: Mr. Sawasdi Horrungruang (3rd from right), Chairman of the Board, Hemaraj Land And Development Plc., presided over the signing ceremony. Mr. David Nardone (3rd from left), President & CEO of Hemaraj Land And Development, is seen presenting the land purchase contract to Mr. Takayuki Sugiyama (2nd from right), Group Leader, Asia Marketing Group II, Asia Automobile Marketing Department., Global Marketing, Suzuki Motor Corporation while Mr. Keichi Asaono (far right), President, Suzuki Automobile (Thailand) Co., Ltd. looks on.