Swedish company M2 Engineering plans to invest in solar
cell production in Thailand, according to the Ministry of Industry.
Industry Minister Chanchai Chairungruang told the media
after meeting with an M2 Engineering representative that the company is
confident in Thailand and is ready to invest in solar cell production here.
Charnchai said the Swedish firm was to invest about Bt4
billion in the first phase, with additional investment likely in future.
M2 Engineering attributed its keen interest in Thailand’s
potential and readiness in all aspects, including existing policy to promote
investments in alternative energy.
The company is one of the world’s leading manufacturers
of optical disc manufacturing systems and equipment for CD, CD-ROM, CDR, DVD
In 2006, it opened a manufacturing facility in Chonburi’s
Amata Nakorn Industrial Estate, 40km from Laem Chabang Port. (TNA)