The project marks Amata’s strategic expansion in northern Vietnam and lays the foundation for a new high-tech industrial hub in the northern midland and mountainous region.

Addressing the certificate award ceremony, Somhatai Panichewa, CEO of Amata VN PCL, emphasised that receiving both the investment policy approval and the investment registration certificate simultaneously reflects Phu Tho’s strong commitment, effective coordination, and investor-friendly environment.

Amata Group is one of Thailand’s leading industrial city developers, operating nearly 40 subsidiaries and affiliates. To date, the group has developed nine integrated industrial cities covering more than 10,000 hectares, attracting over 1,400 multinational partners, creating more than 300,000 jobs annually, and contributing approximately US$56 billion to the GDP of host countries.

In Vietnam, Amata currently manages around 2,500 hectares of industrial land, with projects in Bien Hoa, Long Thanh, Ha Long, and Quang Tri. Phu Tho now becomes the group’s fifth destination.

Amata City Phu Tho spans more than 475 hectares across Doan Hung and Tay Coc communes. Amata will invest in a modern and comprehensive infrastructure system, including factories, offices, service areas, power and water supply, telecommunications, and a centralized wastewater treatment plant. The park is designed to attract high-tech and environmentally friendly industries in line with sustainable development goals.

According to the plan, the project will be undertaken in two phases, with the first scheduled for implementation from 2025 to 2029, and the second from 2029 to 2033. The project has an operating term of 50 years from the date the investment registration certificate was issued.

Chairman of the Phu Tho Provincial People’s Committee Tran Duy Dong welcomed Amata as a strategic investor, noting that the project approval demonstrates the province’s determination to improve its investment climate and provide long-term support to investors.

Phu Tho is committed to accelerating site clearance and administrative procedures, aiming to make commercial land available as early as 2026 to attract secondary investors, he said.

He added that Phu Tho also encourages Amata to prioritise industries aligned with the province’s development strategy, including high-tech manufacturing, electronics, semiconductors, and automotive-related industries.

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.