Amata hopes jabs usher in rebound
published : 2 Jul 2021 at 04:00 An aerial view of Amata City Chon Buri. Amata is developing 10,000 rai of industrial land in Amata City Rayong and Amata City Chon Buri.
SET-listed Amata Corporation Plc, an industrial estate developer and operator, expects sluggish industrial estate business will be revitalised if the government manages to successfully restore the economy in the last quarter this year through its mass vaccination programme.
The company believes it can achieve its 2021 target to sell 950 rai of industrial land, part of its 10,000 rai to be developed and sold to prospective investors in the Eastern Economic Corridor (EEC), a new high-tech industrial hub.
Amata Plc to slow investment in B30 bn Myanmar industrial zone after coup
1
published : 2 Feb 2021 at 17:29 FILE PHOTO: Vikrom Kromadit, chief executive of Amata Corporation Plc (Photo supplied)
Industrial estate developer, Amata Corporation Plc on Tuesday said it was slowing down investment to an industrial complex in Myanmar s largest city, Yangon, over worries of foreign sanctions and unrest following a coup. We have to slow down, chief marketing officer, Viboon Kromadit, told reporters in a virtual briefing, adding the company was assessing the situation daily.
Amata has so far developed 200 acres of the estate, investing just 140 million baht, he said, adding it took the firm five years to obtain the business licence.