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Bangkok Post
Bangkok Post
Business

Amata to build 2nd EV estate

Mr Viwat says following the government's promotion of the electric vehicle (EV) industry, Thailand has become an attractive investment destination among Chinese EV makers.  Pattarapong Chatpattarasill

Industrial developer Amata Corporation Plc is building its second Thai-Chinese industrial estate in Rayong, valued at 2 billion baht, to serve mainland investors and support electric vehicle (EV) and battery manufacturing projects.

"This industrial estate targets only Chinese investors. Many Chinese companies are relocating their production facilities and investing in Asean to avoid the impact of the US-China trade war," said Viwat Kromadit, Amata chief executive.

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