IEAT reveals construction progress of the Udon Thani Industrial Estate project has reached more than 70% development, especially the utility system and infrastructure, ready to open 3 warehouses for rental services. Believe after COVID-19 Relaxation and opening for normal entry and exit of the country will be a positive sign for more investors to visit the area and decide to invest.
Ms. Somjin Philuek, Governor of the Industrial Estate Authority of Thailand (IEAT), revealed that recently Mr. Teerayut Vanitchang, Assistant Minister of the Ministry of Industry Visited the area and held a meeting to follow the progress of the development of the Udon Thani Industrial Estate. with Mr. Supattanaphong Phanmeechaow, Deputy Prime Minister and the Minister of Energy chaired the meeting along with the executives of the Ministry of Industry and related agencies attending the meeting, in which IEAT reported the progress of the first phase of development in the system for constructing public utilities in an area of more than 1,300 rai such as road development and road components Rainwater drainage system work Wastewater system work, etc. Currently, construction is 75% complete, which according to the plan will be completed in September 2021.
It also includes the development of the Logistics Park, an area of 600 rai, to serve as a rail freight and logistics center in the region. It is also a center for transporting goods to CLMV countries and southern China, including rail transport to Laem Chabang Port. and the Eastern Special Economic Zone (EEC) area. At the same time, in the construction of warehouse buildings for rent Which is in the first phase of the development plan (2021-2022). Most recently, all 3 warehouse buildings, totaling 23,160 square meters, are now ready to be opened for rent.
“Project highlights is to be in a location that is the center of the Mekong River Basin particle cluster and Udon Thani Province is part of the Northeast Economic Corridor. (Northeastern Economic Corridor-NeEC) is considered a good opportunity and potential to encourage more investment in the area. by entrepreneurs in the Udon Thani Industrial Estate Will receive benefits from the Board of Investment (BOI) by receiving the benefit of an 8-year corporate income tax exemption and other tax benefits. According to the set criteria (Zone Based),” Ms. Somjin said.
“I believe that after the COVID-19 situation Relax and open the country for normal entry and exit. There will be more investors coming to invest in Udon Thani Industrial Estate. which this industrial estate It will be a magnet for attracting investment in the region. That caused money to come into investment in the area of approximately 22 billion baht and created employment (in the industrial estate) of no less than 20,000 people and 60,000 people (outside the industrial estate) and approximately 100 industrial factories. It can generate tax revenue for the government sector of approximately 15-20 billion baht per year as well,” said the IEAT Governor.
Credit: mgronline.com
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