At present The
Industrial Estate Authority of Thailand (IEAT)
has established 34 industrial estates located
in 15 provinces nationwide:
- Industrial Estates developed by IEAT - 9 Estates
- Industrial Estates that IEAT jointly developed
with the private sector.
Industrial Estates are developed and managed
by the Industrial Estate Authority of Thailand
(IEAT). Industrial Zones are under the Ministry
of Industry (MOI) and aim to support regional
development and specific industrial sectors.
Industrial Parks are established entirely by
the private sector. Total land must be at least
500 rai, with 60-70 percent allocated to factories.
All required facilities must be provided. Most
Industrial Parks are promoted by the Board of
Investment.
An Industrial Estate in Thailand resembles an
industrial town or industrial city providing
complete infrastructure necessary for industrial
operations such as ample electricity, water
supply, flood protection, waste water treatment,
solid waste disposal, etc. It is accessible
to seaports, airports and other transportation
centers. Besides providing communication facilities
and security systems, an industrial estate also
contains commercial banks, and a post office.
Some have customs offices, schools, hospitals,
shopping centers and other facilities needed
for investors and workers. In fact, it is a
self-contained community.
The industrial property market in Thailand consists
of two main segments: the sale of serviced industrial
land plots (SILP) in estates, parks, and zones;
and the rental of ready-built factory (RBF)
buildings including warehouses.
The latter part of 2003 saw improvement in the
industrial market, particularly in the rental
market for Ready Built Factories (RBFs).
RBFs are popular with small to medium-sized
companies whose start-up costs are lower. They
can quickly mobilise operations once they get
orders from a customer.
| IEAT |
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The Industrial Estate Authority of Thailand (IEAT)
is a state enterprise attached to the Ministry
of Industry. It is chartered to implement the
government's industrial development policy.
Its objective is not only development but to
ensure orderly planned industrialization of
the industries concerned and the country as
a whole. To manage all this and the broad planning
needed to cope with problems related to various
locations, for example, the control and monitoring
of industrial pollution, a national authority
with muscle was called for, and so the IEAT
was formed.
Industrial Estates in Thailand are classified
into three categories:
1. Those owned and managed by the IEAT.
2. Those that are joint-ventures between the
IEAT and and private developers.
3. Those developed, managed and owned wholly
by private developers.
Industrial estates are mainly divided into two
zones. Area in General Industrial Zones (GIZ)
is reserved for the location of industries manufacturing
for domestic and/or export consumption.
The area in the Export Processing Zones (EPZ)
is reserved for the location of industries manufacturing
for export only. Most industrial estates with
EPZs have government customs houses for fast
clearing.
- Industrial Port: Map Ta
Phut Industrial Port is a high-capacity industrial
port catered to serve heavy industries with
a wide range of public utilities and infrastructure
services. Map Ta Phut is presently the biggest
industrial port in Thailand, set in a strategic
location suitable for all types of industries,
and is often considered as the golden gateway
for Thai Industrialism. Moreover, the Map Ta
Phut Industrial Port offers One Stop Service
with emphasis on equal treatment for all its
customers at the best international standards.
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