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The joint venture will develop approximately 1,000 rai in Amata City Industrial Estate to sell/lease the land and ready built factories to Chinese investors from China. In a statement to the Stock Exchange of Thailand, the company said that the joint
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Each plant will supply 90MW of electricity to the Electricity Generating Authority of Thailand (Egat) under a 25year small power producer (SPP) powerpurchase agreement. The remaining capacity and 30 tonnes per hour (t/h) of steam of each plant will
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Amata will also book a land sale of 1,000 rai from the deal, on top of its land-sales target of 1,500-1,800 rai for this year. The industrial-estate developer expects its revenue this year to be more than Bt4 billion, higher than around Bt3.5 billion
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Under its expansion plan, four new power plants will be constructed and completed within four years, five more projects have received purchase orders, and four more projects are under consideration for electricity purchases, said B Grimm Group chief
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Viboon Kromadit, Amata director and chief operating officer, said the company was in negotiations to sell land to several foreign investors, which should be finalised soon. "Overall, Thailand remains an attractive investment destination, particularly
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Combined with land sales of 423 rai in the first nine months, the company has sold a total of 923 rai. The company's management is retaining its 1,500 rai land sales target for the year, but DBS expected the figures to rise strongly from 254 rai last
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Despite the global economic recovery, industrial-estate developers are unable to forecast their 2010 business outlook because of the unclear Map Ta Phut situation. Some foreign investors are likely to consider Vietnam as an alternative destination
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