THAI-JAPAN JV Four firms team up for industrial estate
Kaigai Advisory Co Ltd, the Japan–based subsidiary of Asean-Japan Consulting Co Ltd, will collaborate with Japan’s Asean Dinamic Communication and Thailand’s Wellness Life (Thailand) Co Ltd and Ubonratchathani Industry Co Ltd, to jointly invest in an industrial estate on a 2,300-rai (368-hectare) plot in Dejudom district, Ubon Ratchathani province.
The investment will reach Bt2.7 billion, according to Ubon Ratchathani Industry Co Ltd’s managing director, Nattawat Lertsuravit.
Nattawat said the industrial estate will focus on food processing, biotechnology, health and tourism, agriculture equipment and vehicles for the agricultural industry.
Construction will start next year, and be completed in 2022.
“On completion, we expect the new manufacturing facilities in the estate to create 20,000 jobs,” he said.