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Bangkok Post
Bangkok Post
Business

Thailand approves $210 million Mazda-Ford AutoAlliance investment

An employee walks among vehicles at AutoAlliance Thailand, a Ford and Mazda joint venture plant, located in Rayong province, east of Bangkok, Thailand, on Sept 17, 2013. (File photo: Reuters)

​Thailand's Board of ‌Investment (BOI) approved a 7-billion-baht (US$210 million) investment from ​the Mazda-Ford ⁠AutoAlliance joint venture, it reported on ‌Wednesday.

Mazda's investment will improve its production line ⁠by using automation and robotics in key processes such as chassis welding, body ​assembly, painting and assembly to ​increase efficiency ‌and accuracy, the board said ​in ⁠a statement.

"All of this ⁠is in preparation for the production of B-SUV (Subcompact Crossover Sport Utility Vehicle) with ⁠MHEV technology (Mild Hybrid ​Electric Vehicle)," the board said.

Read more: Thailand needs 30% of GDP in investment to become high-income

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