Daimler AG is committed to investing in a truck and bus assembly in Rayong Province, Thailand. In Asia, Daimler mainly markets the Japanese Fuso brand. The German company acquired an 89.3% stake in Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in 2005 from Mitsubishi Motors Corporation.
MFTBC recently announced the construction of an assembly plant in Thailand at an investment cost of 12 million Euros. The plant will be in Rayong, one of the host provinces of Thailand’s flagship Eastern Economic Corridor (EEC). MFTBC aims to acquire land sufficient for a 6000 – 7000 square metre facility.
Production capacity is targeted at 4000 assembled trucks and buses a year, mainly for the Fuso brand. The Rayong plant will produce Mercedes-Benz trucks in the future, so the operation is dubbed Daimler Commercial Vehicles Manufacturing Thailand. Construction at the plant for completely knocked down vehicles is scheduled to begin next month with output beginning in November 2019 for the FJ 2528C model.