The Industrial Estate Authority of Thailand (IEAT) has approved private sector participation in the development of two new industrial estates, in Udon Thani and Chon Buri.
It is projected the new estates will attract about 96 billion baht in investment.
Udon Thani Industrial Estate will be developed on 2,200 rai of land in tambon Nong Phai of Muang district, with around 74 billion baht of investment. The estate, to be operated by Udon Thani Industrial City Co, aims to attract electronics, auto parts, electricity appliance and rubber processing industries, with the expectation development will create up to 16,900 jobs.
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