ZF (Thailand) Selects 75 Suppliers to Enhance Global Auto Part Exports

ZF (Thailand) has selected 75 Thai suppliers to boost auto part exports and plans a €500 million investment, aiming to make Thailand a global hub for auto parts amid trade tensions.

ZF (Thailand) aims to position Thailand as a global hub for auto part exports by selecting 75 local suppliers. This initiative comes with a significant €500 million investment plan to enhance its international market presence amidst ongoing global trade tensions.

ZF (Thailand) is expanding its operations by selecting local suppliers to boost auto part exports, significantly increasing procurement investments. The strategic move is designed to strengthen ZF’s global presence and mitigate trade-related risks by establishing Thailand as a critical production and export center.

Original Source: www.nationthailand.com