Thai corporation Amata eyes industrial estate project in Phu Tho

VOV.VN - Thailand's Amata Corporation is set to make a significant investment in Vietnam’s northern province of Phu Tho, with a plan to develop the Doan Hung Industrial Park into a smart city model, according to the Phu Tho Provincial People’s Committee.

Amata’s representatives unveiled their plan during a working session with the leadership of Phu Tho province on August 14. They presented the corporation’s investment research for the project and outlined the next steps.

The Doan Hung Industrial Park project’s first phase will cover 300–500 hectares in Tay Coc and Doan Hung communes, focusing on attracting investments in the automotive industry and supporting sectors, high-tech industries, and clean industries powered by renewable energy.

The corporation expressed hope to receive its investment license by October this year to commence implementation.

For his part, Chairman of the Phu Tho Provincial People’s Committee Tran Duy Dong hailed Amata’s plan and affirmed the province’s commitment to attracting high-tech and environmentally friendly investments that are aligned with the local development strategy. He assured his guests that the province would consider and issue the Investment Certificate by early October.

To facilitate the project, Dong assigned the Phu Tho Industrial Park Management Board to act as the lead agency and directed relevant departments to assist Amata in completing necessary procedures and resolving obstacles.

Founded in 1989, Amata is a global leader in developing industrial cities, with 40 subsidiaries and branches worldwide. In Vietnam, the group has nearly 30 years of experience in industrial real estate investment, managing over 2,500 hectares across major projects including Amata Bien Hoa (700ha), Long Thanh (1,265ha), and Ha Long 4 (over 700ha).

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Amata to build second IZ in Vietnam

VOV.VN - Amata Vietnam, a subsidiary company of Thai Amata Group, plans to invest US$200 million in constructing the second industrial zone, Vietnam-Amata City Long Thanh in Dong Nai province in 2016-2018, according to Deal Street Asia.

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