Skip to main content

Rojana Industrial Estate at Laem Chabang to support target industries

 According to the government's policy to promote investment in the EEC area, the Industrial Estate Authority of Thailand and the private sector have jointly developed areas in Chonburi to accommodate investment in target industries with the expectation of expanding to all areas within three years.

The Industrial Estate Authority has signed a memorandum with Rojana Industrial Park to establish the Rojana Industrial Estate at Laem Chabang in Chonburi to support industrial investment in the Eastern Economic Zone or EEC. According to government policy, the Rojana Industrial Estate at Laem Chabang has an area of 843 Rai with an emphasis on businesses in 10 target industries such as electrical appliances and parts supply, modern auto parts production, agricultural processing, and medical and medical equipments.

Deputy Governor of the Industrial Estate Authority of Thailand, Suwatana Kmolwatananisa said today the Rojana Industrial Estate at Laem Chabang is a project located in the EEC area, enabling entrepreneurs who are investing to receive benefits under the EECs incentive scheme which includes a 50 percent reduction in ordinary corporate tax for an additional five years. She also expects that during this year, the area will be declared an industrial estate. The project will take two years for development and will be able to offer spaces for sale to investors within three years, resulting in approximately 3.4 billion baht in investments. Mrs Suwatana added that the Industrial Estate Authority has provided more than 12,000 rai for investors in the EEC, with current and former investors showing interest in more than seven thousand rai.

Information and Source
Reporter : Jettana Pantana
Rewriter : Rodney McNeil
National News Bureau & Public Relations


Comments

Popular posts from this blog

Cabinet adjusts tax incentives to boost tourism, MICE in minor cities

 The Cabinet has approved changes to the tax measure aimed at boosting tourism and MICE, or meetings, incentives, conventions and exhibitions, in secondary provinces. After the Cabinet meeting, Mr Natporn Jatusripitak, Advisor to the Prime Minister’s Office Minister, revealed that adjustments have been made to the draft ministerial regulation concerning tax exemptions to promote tourism and MICE activities in secondary cities. For more inclusiveness, the Cabinet agreed to expand the coverage of the term “non-hotel establishments” to accommodations with no more than four rooms and a capacity of no more than 20 guests which serve travelers on a temporary basis and generate supplementary income for the operators. Moreover, the meeting gave a nod to the addition of more secondary tourism sites, as suggested by the Ministry of Tourism and Sports, to a list of places where visitors would be eligible for an income tax exemption on tour guide services. Visitors staying at non-hotel e...

PM Prayut concerned about rampant football betting during World Cup 2018

The Prime Minister has expressed concerns about rampant football betting among Thais since the start of World Cup 2018. Prime Minister Gen. Prayut Chan-o-cha said today that he wants Thai football fans to watch and enjoy football matches for entertainment, without letting it affect their health or efficiency at work or in the classroom. Most importantly, Gen. Prayut urged the public to refrain from football betting as such a vice can lead to debt and financial problems. The Prime Minister’s concerns are particularly directed at young Thais as many are still innocent and not aware of how something done for fun can lead to major problems in the future. He has instructed the Ministry of Education to promote an accurate understanding of the enjoyment of sports among students while engaging with parents to help keep their children away from gambling. Gen. Prayut added that the police have been monitoring all types of online betting, via websites and mobile phone applications, and he...

More Bueng Kan farmers producing durian

Rubber farmers in Beung Khong Long district, Beung Kan province, have been able to supplement their incomes by growing durians. The rubber farmers have now begun picking durians from the trees as they begin to ripen. One durian plantation owner, Chaiyo Sisaeng, said his durian trees produced more durians this year. They will be harvested and ready for sale in the middle of this month. Chaiyo said the reason he started producing durian was because the weather in Bueng Kan was similar to the weather in the southern province of Nakhon Si Thammarat where he had previously rented a plot of land to grow durian trees. After returning to his hometown in Bueng Kan, he decided to grow some on his land where there are now 125 durian trees. Forty of them have produced durians this year. Chaiyo is expecting to make 20,000 baht in profit from selling the sought-after fruit. Around 100 farmers in Beung Khong Long district alone, now grow durian trees. It is expected that Beung Kan will be abl...