Bangkok - General Motors Wednesday announced plans to invest 445 million dollars to build a new diesel engine plant in Thailand and to upgrade its existing vehicle assembly plant.
The diesel engine plant, GM's first in South-East Asia, is to be located in Rayong province, eastern Thailand, where the US automotive giant has been operating an assembly plant for the past eight years.
The new plant, scheduled to begin production in 2010, will produce more than 100,000 2.5-litre and 2.8-litre turbo-diesel engines annually.