Thai floods: Nissan, Mitshubishi resume production in Samut Prakan and Laem Chabang image

Nissan Motor Co., Japan’s second- biggest automaker, began limited production at the Nissan plant in Samut Prakan as expected, on November 14.

In addition, Mitsubishi Motors Corp., which halted production Oct. 13, also restarted production at its plant in Laem Chabang, Thailand, today, the Tokyo-based carmaker said on its website.

Mitsubishi Motors’ plant in Laem Chabang, southeast of Bangkok, was not damaged in the massive flooding, but as local parts suppliers were hit by the disaster, output at the plant has been put on hold since Oct. 13, the company said.

The Department of Disaster Prevention and Mitigation said on Monday 562 people had died in the flooding since late July and that 22 of Thailand’s 77 provinces were still affected.

The government is considering measures to help companies recover from the disaster, including requests for additional tax incentives and a waiver of import tariffs to replace machinery, Deputy Prime Minister Kittiratt Na-Ranong said in an interview Nov. 12 in Honolulu.

The central bank has slashed its economic growth forecast for this year to 2.6 percent from 4.1 percent and may have to cut it further if the flooding spreads right across Bangkok, which accounts for 41 percent of the country’s gross domestic product, Reuters reports.