Thai unit begins Mitsubishi power system sales
MITSUBISHI ELECTRIC Corporation announced yesterday that Mitsubishi Electric Asia (Thailand), which has been operating as a regional corporate office since 2013, had begun conducting domestic sales.
It will expand Mitsubishi Electric’s power-systems business and develop opportunities in other fields.
“With the Asean Economic Community expected to launch this December, demands for power systems are expected to become more urgent in Thailand,” said Ryoji Ando, managing director of Mitsubishi Electric Asia (Thailand).
The headquarters of Mitsubishi Electric in Japan previously managed power-systems sales in Thailand, and has to date received multiple orders for power stations, including two orders recently received for 500-kilovolt gas-insulated switch-gear from the Electricity Generating Authority of Thailand. The power-systems business will now be managed in the Thai market.
“We will utilise our assets to develop local power-systems sales and related engineering services, and also to explore other promising fields for the Mitsubishi Electric Group in this growing market.”
Since entering the Thai market in 1964, the Mitsubishi Electric Group has established local affiliates to manufacture and sell air-conditioning systems, home appliances, building systems, factory automation systems and automotive equipment.
Sales in Thailand account for about 30 per cent of Mitsubishi Electric Group sales in Asia excluding Japan, which amounted to 1,047.8 billion yen (Bt297.8 billion) in the fiscal year that ended in March.
Meanwhile, Mitsubishi Electric Kang Yong Watana yesterday officially opened the “Advance & Innovation Centre” in Thailand.
With a Bt400-million investment, the training centre will function as an education facility on cooling and heating technology, Mitsubishi Electric Kang Yong Watana said.
