SET-listed WHA Corporation, Thailand's largest developer of built-to-suit logistics facilities, has launched a new smart and eco-friendly industrial estate in Rayong to serve investments under the Eastern Economic Corridor (EEC) scheme.
WHA Rayong 36 is aimed at serving 12 targeted S-curve industries, ranging from new-generation cars and smart electronics to robotics, logistics and aviation.
The new industrial estate, which covers 1,281 rai, is the eleventh industrial complex developed by WHA.
"The industrial estate adopts digital and innovative technologies to facilitate communication and transport, ensure security and safety as well as support environmental management, including wastewater treatment," said David Nardone, WHA's group chief executive for industrial and international affairs.
Ready-for-construction land plots are available for sale to investors who can build their own manufacturing facilities. Two 5,000-square-metre ready-built factories are near completion.
The new industrial estate will be fully equipped with installation of fibre optic cable for factories as well as all necessary utilities within this year.
The establishment of WHA Rayong 36 is part of the company's plan to expand industrial estates with smart facilities and services in order to create outstanding working conditions for its industrial customers.
"We have so far received a lot of interest from blue-chip companies in various industries such as automotive, electronics and consumer products," said Mr Nardone.
WHA Rayong 36 is located 25 kilometres off the Map Ta Phut deep-sea port in Rayong and 31km from the Laem Chabang deep-sea port in Chon Buri.
The new industrial estate is just 23km away from U-tapao airport in Rayong.
Parts of Chon Buri, Rayong and Chachoengsao form the EEC zone, which will be developed into a high-tech industrial hub.
WHA earlier announced a target to sell a total of 1,250 rai of land within its industrial estates this year, particularly in Thailand and Vietnam, an increase from 885 rai last year, as customers in Japan and China want to expand investment projects.
In Thailand, the company plans to develop more land in WHA Eastern Seaboard Industrial Estate 4 by 580 rai, with construction having started in the last quarter of 2021.
In Vietnam, WHA plans to start the second-phase development of Nghe An industrial estate, covering 2,200 rai, in the first quarter of this year.
WHA has allocated an investment budget of around 50 billion baht for its business expansion in Thailand and Vietnam under its five-year plan, which starts this year.