Italian Braking Systems Specialist Constructs Factory in Thailand
Brembo, an Italian company leader in braking systems, just commenced construction of its first production site in Thailand. The investment, totaling approximately EUR 40 million (USD 43 million), reflects the Group’s global strategy to expand its industrial presence...
Thailand Commences Production of Electric Vehicles
In January 2024, Thailand achieved an important milestone in its automotive industry, with the inaugural production of its first domestically manufactured electric vehicle (EV) in Rayong. The unveiling of the New Ora Good Cat EV model, manufactured under the Great...
Pharmaceutical Giant Invests Over USD 220 Million to Expand Production in Singapore
AbbVie, a leading pharmaceutical company, has initiated a new USD 223 million expansion of its manufacturing facility in Singapore’s Tuas Biomedical Park. This investment aims to bolster AbbVie’s global manufacturing capacity for biologics, generating over...