Focus on Philippine immigration and living in the Philippines: Mitsubishi Motors plans to further increase its production capacity in the Philippines, considering the construction of a second vehicle assembly plant in the country, with plans for it to be operational by 2015.
Mitsubishi Motors recently announced plans to invest 20 billion yen (approximately 200 million USD) to build a new car assembly plant in the suburbs of Manila. Initial production capacity is expected to reach 100,000 units per year. The new plant will begin production of small cars, SUVs, and other vehicle models by 2017, and its capacity is expected to increase to 200,000 units per year in the future.
Mitsubishi currently operates a plant in Cainta, Philippines, which can produce 30,000 vehicles annually. As this plant has been in operation since 1964, it is currently facing the challenge of severely aging equipment, which in turn limits the factory's production capacity.
