Suzuki Spending Big Against Vulnerable Risks in Japan

Suzuki Spending Big Against Vulnerable Risks in JapanRisks of earthquakes and tsunamis are raising high in Japan and thus, many people trying their best to make themselves safe from the terrors and their affects.

Suzuki Motor Corp is among the lists of those, who are putting in efforts to make them safe from the terrors. In context to same, the company has announced on Monday that total amount of 50 billion yen i. e. $620 million has been planned to spend enabling the company to shift its domestic development and production facilities partly to some new and safer locations in Japan to get some protection against the big earthquakes and tsunamis.

Suzuki Motor Corp is Japan's fourth-biggest automaker. The company also revealed about its plans of buying two blocks of land in an industrial park in Hamamatsu city, in central Japan, one of which will be used for research and development and the second will be utilized for the production activities of motorcycle engine parts and the newest launched vehicles. According to the plans, the new facilities will start operations in August 2016 and May 2017, respectively.

The above news about Suzuki Motor Corp resulted in boosting the position of Osamu Suzuki, Chairman of Suzuki Motor Corp. to the second-most talked about corporate executive in Japan of the week through July 11 from the bottom five.