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Hoya Lens Thailand gets investment privileges

The Thai Board of Investment (BoI) has granted investment privileges to Hoya Lens (Thailand) Co, the local unit of Hoya Corporation of Japan, for a THB 1.8 billion glass lens factory, according to Hir…

The Thai Board of Investment (BoI) has granted investment privileges to Hoya Lens (Thailand) Co, the local unit of Hoya Corporation of Japan, for a THB 1.8 billion glass lens factory, according to Hiranya Sujinai, the board“s deputy secretary-general, it was reported in the Bangkok Post. The Ayutthaya plant will produce 4.8 million lenses per year, all of which will be exported to Japan. Hoya Corporation is expected to have 20% of the world glass lens market by 2010, with sales of USD 1.5 billion.

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