Thai Cabinet nods to second phase of eco-car project
The Thai Cabinet on November 12 gave the green light to the second phase
of an eco-car project which is aimed to support investment in eco-car
production.
The Thai Cabinet on November 12 gave the green light to the second phase
of an eco-car project which is aimed to support investment in eco-car
production.
Government Spokesperson Teerat Ratanasevi revealed that during the phase, manufacturers will be entitled to investment support under the condition that they invest in an integrated production system, from car parts production to assembly.
He said each producer under the project will have to produce at least 100,000 eco-cars per year, with the minimum investment of 6.5 billion THB. The fuel consumption rate of the eco-cars will have to be no more than 4.3 litres per 100 kilometres.
The spokesperson also expected the new phase to be materialised in 2015 and expressed his belief that the project will create at least 40 billion THB worth of investment in eco-car production.-VNA
Government Spokesperson Teerat Ratanasevi revealed that during the phase, manufacturers will be entitled to investment support under the condition that they invest in an integrated production system, from car parts production to assembly.
He said each producer under the project will have to produce at least 100,000 eco-cars per year, with the minimum investment of 6.5 billion THB. The fuel consumption rate of the eco-cars will have to be no more than 4.3 litres per 100 kilometres.
The spokesperson also expected the new phase to be materialised in 2015 and expressed his belief that the project will create at least 40 billion THB worth of investment in eco-car production.-VNA
You should also see
Youths' efforts yield socio-economic fruits
Many activities were carried out across the nation during the Vietnam’s Youth Month, an annual festivity taking place in March to celebrate the establishment of the Ho Chi Minh Communist Youth Union (HCYU), contributing to the nation’s socio-economic development, heard a conference held by the union's Central Committee in Hanoi on April 23.
See more
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
ASEAN
UK supports ASEAN’s economic integration
The UK delegation to ASEAN held a seminar in Jakarta, Indonesia on April 24 to discuss the ASEAN-UK economic integration programme.
World
Cambodia, Laos vow to boost bilateral ties
Cambodia and Laos vowed to boost their bilateral relations and cooperation for mutual benefits during Lao President Thongloun Sisoulith’s State visit to the neighbouring country on April 23-24.
World
Bank Indonesia raises interest rates to highest level in 7 years
Bank Indonesia (BI) on April 24 raised interest rates to their highest level in seven years.
World
Rail connects Vientiane, China's Guizhou province
The Guiyang-Laos tourist train will be launched on 8 May, signifying a pivotal step in boosting tourism and cultural ties between China and Southeast Asia.
