SUZHOU, CHINA – Dongwei Technology, a supplier of vertical plating and surface treatment equipment, has announced plans to build a production base in Thailand, with an investment amount of RMB61 million ($8.6 million).

The investment includes the establishment of a new Thai company, purchase of land, construction of factories, purchase and construction of fixed assets and other related matters. The project is located in the Logana Ayutthaya Industrial Park. The registration information of the Thai company is ultimately subject to the approval of the local registration authority. Investing in a new company in Thailand must go through domestic and overseas investment filing or approval procedures, as well as approval procedures such as local investment licensing and enterprise registration in Thailand.

The company said the investment will help enhance its global sales capabilities, increase radiation penetration in key overseas areas, enhance the its global influence and popularity, continue to strengthen its industry-leading position in the field of global electroplating equipment, and strengthen the company's influence and core competitiveness.

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