The Duke of York in June of 06 made a speech to the Thai Chamber of Commerce. Hmmm, could Triumph have 4 plants? Anyhow he points out that the import taxes are skirted by having these plants.
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From discussions with representatives of British Manufacturers yesterday, it is clear that Thailand is an attractive location for establishing a regional or even global manufacturing base, I saw this first hand today at Triumph's motorcycle Factory 4 which will not only add to Factory 3's components plant but also add a new Paint shop and motorbike assembly line - a great example of a British company that manufactures in the UK and Thailand and sells world-wide, manufacturing companies established in Thailand that export their products can be 100% foreign owned and not subject to duty which on vehicles from Europe are not inconsiderable.
