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- by manilatimes.net
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Thailand BOI Approves USD 400 Million Investment by China's Haier to Make Smart Air Conditioners for Export
BANGKOK, Sept. 19, 2024 /PRNewswire/ -- The Thailand Board of Investment (BOI) announced today it has approved a 13.5 billion baht (USD 400 million) investment promotion application by Haier Appliance Manufacture (Thailand) Co., Ltd., a unit of China's Haier Smart Home Co., Ltd., to set a factory that will produce annually six million smart air conditioners and bring extensive economic benefits.