Upgrade for our proposal for Autothai
Daewood Automobile Romania
Our Board of Directors decided the folowing upgrades to proposals we
have already made:
- raising initial investment so we would manufacture in the first year
45.000 cars and after four years our production would be 170.000 cars and
25% of which produced for export.
- 35% AutoThai
- 65% Daewoo Automobile Romania
- management: We propose a 13 member Board of Directors:
- 7 Daewoo Automobile Romania
- 5 AutoThai
- 1 Foreign Investment Commission of Thailand
- 50% Equity
- 65% to be provided by Daewoo Automobile Romania
- 35% to be provided by AutoThai
- 50% to be borrowed in the form of bonds by our joint venture.
- technology transfer and training
- rapid training of AutoThai technicians and management in Thailand
- rapid and meaningful technology transfer
- after the first two years, 60% of components to be supplied within
Thailand and after two more years that will be 100%.
1996, Daewoo Team Designed
and Maintained by Zan Kuang.