Ubon Ratchathani to get industrial estate

Ubon Ratchathani to get industrial estate

The planned industrial estate in Ubon Ratchathani province is expected to begin construction by 2020 for completion in 2022.
The planned industrial estate in Ubon Ratchathani province is expected to begin construction by 2020 for completion in 2022.

A partnership between Thai and Japanese companies plans to invest nearly 3 billion baht to build an industrial estate in Ubon Ratchathani, focusing on agriculture processing and biotechnology.

Natawatana Lerdsurawitaya, managing director of Ubon Industry Co, announced a partnership with Kaigai Advisory Co, Wellness Life Project Thailand Co and Asian Dynamic Communication Co.

The companies recently signed a memorandum of understanding to establish the Ubon Ratchathani Industrial Estate, which is expected to begin construction by 2020 and conclude in 2022.

The estate is touted as a regional distribution centre connecting with Cambodia, Laos and Vietnam. The estate will also manufacture machinery for agriculture and other industries.

Mr Natawatana said the establishment of the industrial estate is a product of collaboration among the four partners, aiming to serve as a model of how industry-led sustainable development derives from foreign direct investment, enhances the local economy, provides employment and creates valuable socio-economic transformation in the region.

He said the project targets generating an economic impact of more than 20 billion baht and providing 20,000 jobs by 2022.


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