Pinthong to boost five years plan to 10 billion with investment value 52 billion

Sales of “Pinthong Industrial Estate” soared. Resulting in the investors entering EEC.
April 9, 2019
Signing Ceremony for Fiber Network and Service Agreement in Pinthong Industrial Estate 1-3
July 23, 2019

Pinthong Industrial Estate has planned five years with a budget of 10 billion baht. Which aims to purchase additional land of 4,000 rai (640 Hectare) to support investment in the EEC area. After all five industrial estates are Special Economic Promotion Zones supports over 3.4 thousand rai (4,800,640 Hectare) of investment with investment value 5.2 billion baht, and Chinese investors are very interested in investing with our project. Mr. Pira Pattamavarakulchai -Chief Executive Officer of Pinthong Industrial Park Public Company Limited, revealed with “Thansettakij” that all five Pinthong Industrial Estates in Chonburi province, a total area of ​​approximately 6,044 rai (967.04 Hectare). It has been announced as a Special Economic Promotion Zone to support investment in 10 target industries. The area is currently available for sale for approximately 1,500 rai ( 240 Hectare). Most of them are in Pinthong Industrial Estate 4 and 5. This year, we aim to sell 350 rai (56 Hectare) of the land, but it’s likely to exceed the target than 20 % due to China’s investors showing more interest than usual. The factors affecting the trade war to invest in the intelligence electronics industry, modern automotive and aircraft parts by investment plans for five years (2018-2022), and set a budget of about 10 billion baht used for purchasing land in Chonburi province to aim for about 4,000 rai (640 Hectare). Most areas are located close to the original five industrial estates. This year, we will invest about 1 billion baht in developing public utilities and infrastructure within each estate to support customers’ business expansion.

Credit : https://www.thansettakij.com/content/399189