The Industrial Estate Authority of Thailand (IEAT) has signed agreements with two state-run agencies to develop two advanced infrastructures in the Smart Park Industrial Estate in Map Ta Phut, Rayong, with a budget of 2.8 billion baht.
The first agreement was signed with TOT to develop digital and telecom infrastructures. TOT plans to invest in the system and platforms such as big data, cloud service and fibre optics to facilitate industrial and business operators in the project.
The second agreement is with the Metropolitan Electricity Authority to develop a smart energy system in the industrial estate.
The two agreements are expected to be completed by 2022. The Smart Park Industrial Estate has a price tag of 12 billion baht on 1,500 rai.
Somchint Pilouk, IEAT's governor, said this industrial estate has attracted five companies to invest in the development, including the Bangkok Mass Transit System, PCPG, Global Utility Services and Bangkok Industrial Gas.
"The Smart Park is set to be the first industrial estate for higher technology manufacturing in the country, serving the 12 targeted industries such as robotics, medical hub, logistics and aviation and aerospace," she said.
Ms Somchint said the IEAT will speed up work on the Smart Park project for completion before 2022.
The Smart Park project is undergoing an environmental impact assessment. The Natural Resources and Environment Ministry is expected to evaluate the report in mid-2019.
In addition, the IEAT is studying the feasibility for a railway system in the Smart Park project as it plans to build a 17-kilometre link to the U-tapao airport.
The Eastern Fruit Corridor (EFC) project, the country's first fruit auction market, is located adjacent to the Smart Park project.
The IEAT has allocated 20 rai to construct a cold storage facility for the EFC.