Claudio Domenicali awarded Honorary Investor Advisor position on Thai Board of Investment
Ducati Motor Holding CEO, Claudio Domenicali was awarded an Honorary Investor Advisor (HIA) position within the Thai Government’s Board of Investment (BOI) during a Bangkok meeting that included His Excellency Dr. Somkid Jatusripitak, Deputy Prime Minister
Mr. Domenicali later went on with all HIA members to a courtesy visit with His Excellency General Prayut Chan-o-Cha, the Prime Minister of Thailand.
Prior to visiting the Prime Minister at Government House, Mr. Domenicali, accompanied by Ducati Motor Thailand GM, Gabriele Piaggio, attended a BOI meeting to discuss Thailand's current strategies on foreign investment. At the meeting hosted by His Excellency Dr. Somkid Jatusripitak, Mr. Domenicali was officially certified for his new position of Honorary Investment Advisor, a role he was proud to accept on behalf of Ducati.
"Ducati's vision to build a factory here in Thailand has been strategic to our plans for global growth and the BOI's support has been invaluable," claimed Mr. Domenicali. "I am very proud to receive the position of Honorary Investment Advisor here at the Thai BOI and equally proud of the quality and efficiency achieved in our Ducati Motor Thailand facility. As part of the VW-Audi Group, Ducati are committed to delivering the same excellent ownership experience in Asia as we do throughout the world."
The project to build the Ducati Motor Thailand factory, situated approximately 150 km south of Bangkok in the industrial district of Rayong, started in 2010 in close agreement with the Thai BOI and started first production of the Ducati Monster in 2011. Now, the plant, which covers 45,000 square metres and employs 200 people, builds almost the entire Ducati range of premium motorcycles for delivery throughout Asia and will further increase its production this year by 15%.
In 2016, the iconic Italian manufacturer delivered 55,451 motorcycles worldwide, representing an increase of 1.2% over the previous year and the seventh consecutive year of positive sales growth. Asia (excluding Japan and Australia) accounted for approximately 11% of Ducati's global sales.