Toyota Tsusho interested in smart mobility in Thailand
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Update time : 2021-03-02 17:47:48
apanese trading house Toyota Tsusho Corp. is acquiring an equity stake in ATP30 Public Co., a commuter bus operator for industrial estates in Thailand, to promote smart mobility for its services.
Toyota Tsusho said last week that the trading arm of the Toyota Motor Corp. group is purchasing a 9.5 percent stake in ATP30 for 64.35 million baht (2 million USD) through its local unit, Toyota Tsusho Thai Holdings Co. The acquisition procedure is set to be completed in early March, a Toyota Tsusho official said.
The partnership will enable Toyota Tsusho to provide ATP30 with its mobility-related digital technologies to boost the safety and efficiency of commuter bus services, mainly for Japanese businesses operating in Thailand.
The company's solutions system will also help optimise bus allocation plans for better vehicle occupancy, reduce carbon dioxide emissions and alleviate traffic congestion, it said.
TT Techno-Park Co., a Toyota Tsusho unit running industrial estate commuter buses in eastern Thailand, is also involved in the smart mobility program being undertaken in three stages.
