The Industrial Estate Authority of Thailand (IEAT) alerted industrial estate operators to get ready for upcoming heavy rainfall as the agency expressed concerns about estates in eastern Bangkok where permanent dykes have not been built.
Governor Veerapong Chaiperm instructed all IEAT estates to check the strength and readiness of dykes and prepare water pumps in each area.
Lardkrabang Industrial Estate, which was flooded briefly last weekend after an earthen dyke subsided following days of heavy rains, is now on watch around the clock. Tomorrow the IEAT will check the readiness at Bang Phli and Bang Pu industrial estates in Samut Prakan, said Dr Veerapong.
"The IEAT has opened its war room," he said, adding that it was cooperating with the Bangkok Metropolitan Administration, the army and the Royal Irrigation Department to closely monitor the situation.
"Permanent dykes have been constructed at estates in Ayutthaya already, so I don't think there will be any problems," he said.
"However, estates in the eastern part of Bangkok still do not have permanent dykes including Lardkrabang Industrial Estate."
IEAT also plans to set up a business unit next year to facilitate overseas investments. IEAT International will develop industrial estates and utilities abroad.
"If we want to invest overseas we will need a subsidiary in the form of holding companies representing each country, such as Laos, Myanmar and China," said Dr Veerapong, noting the plan is in line with the government's policy to support Thai investors overseas.
He added many projects are under feasibility studies, such as the Dawei project in Myanmar and another in Kunming, China. The IEAT will use its savings of 3 billion baht to support the initiative, together with funds from the state budget.
The IEAT board already approved the plan and it awaits endorsement from the Industry Minister and the cabinet. Details will be finalised next month.
The IEAT reported total land sales of 3,843 rai yesterday for the first 11 months of fiscal year 2012 starting in October, up 999 rai from the same period of 2011.
"Investment in Thailand remains bright as demand is still there. However, there are problems concerning the expansion of areas," he said.
The IEAT hired a private consultant to study setting up a 600-rai logistics service estate in Kanchanaburi to facilitate transport of products to Dawei. The project would be located in Muang district 15 kilometres from the border with Myanmar. Construction is expected to start next year and be operational in 2015.
About the author
- Writer: Nanchanok Wongsamuth
Position: News Reporter