Economy
Chinese Appliance Giant Homa to Establish Manufacturing Hub in Chonburi
Homa, a major global refrigerator manufacturer, is investing 3.1 billion baht to open a production facility in Chonburi, Thailand.
According to a report by Thai Post, the Chinese company Homa is set to establish a significant manufacturing base in Chonburi, Thailand. The project involves an investment of approximately 3.1 billion baht. The facility is designed to reach an annual production capacity of 1.5 million units, with the company aiming to generate 12 billion baht in export value each year.
For residents and those interested in the local economy, this development is notable for its potential impact on the regional labor market. Homa plans to create up to 3,000 jobs at the new site. Furthermore, the company intends to source 50–60% of its components domestically, which may stimulate growth within the local supply chain and supporting industries.
While the investment marks a significant expansion for Homa in Southeast Asia, several details remain to be confirmed. Specifically, the exact timeline for the commencement of construction and the official date for the start of mass production have not been publicly disclosed. Observers will be watching to see how quickly the facility becomes operational and how it integrates into the existing industrial landscape of the Eastern Economic Corridor.
