Thailand wooing Conti for tire-plant investment

Bangkok – The Thai government is seeking French and German investment in its tire & rubber segment, said a report by ThaiVista.

According to the report, earlier in October, deputy prime minister Somkid Jatusripitak “approached a premium tire manufacturer” in France to invest in R&D and high-technology production facilities in Thailand.

Also, he met with the chief executive of Continental Tires to discuss the possibility of investing in Thailand.

The move, according to the report, was part of a Thai government’s ‘road-show’ campaign to attract foreign investment to…

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