IEAT touts new Smart Park

IEAT touts new Smart Park

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PUBLISHED : 16 Apr 2024 at 07: 18

Chinese firms expressed interest in investing in electric vehicle (EV) supply chain and energy businesses in Smart Park Industrial Estate in Rayong, which is scheduled to open by the end of this year, says the Industrial Estate Authority of Thailand (IEAT).

The firms want to develop factories to produce EV components to serve the fast-growing EV market in Thailand, as well as venture into energy development, said Veeris Ammarapala, governor of IEAT.

“We’ve taken this group of investors to visit Smart Park,” he said.

“They are interested in leasing large plots of land and are gathering data to conduct feasibility studies on their new businesses.”

The digital sector is a targeted industry at Smart Park, as digital technology plays an important role in supporting many businesses, including EV assembly.

The government is offering
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