Amata IP attracts over $1.4 billion in FDI

(ĐN)- The Amata Vietnam Joint Venture Company was established in December 1994, with 70% of the capital coming from the Amata Corporation Public Co., Ltd. of Thailand ($12 million) and the remaining 30% from Corporation for the Development of Industrial Zones (Sonadezi), including $5 million worth of land use rights.

The provincial leaders and Mr. Bhakavat Tanskul, the Acting Consul-General of Thailand in Ho Chi Minh City attend the ground breaking ceremony for a $17 million trade centre and housing complex

(ĐN)- The Amata Vietnam Joint Venture Company was established in December 1994, with 70% of the capital coming from the Amata Corporation Public Co., Ltd. of Thailand ($12 million) and the remaining 30% from Corporation for the Development of Industrial Zones (Sonadezi), including $5 million worth of land use rights. The company has invested to build and operate the Amata Industrial Park. With international-standard, modern and complete infrastructure and professional services, the Amata Industrial Park is always one of the top choices of foreign investors in Vietnam.

Amata IP has so far lured 110 projects worth a total of over $1.4 billion, creating jobs for 24,000 laborers.  Amata Vietnam officially became a joint-stock company in late April this year and later raised its chartered capital to $20.4 million from $17 million. The company is expected to list on the Ho Chi Minh City Stock Exchange by the end of the first quarter of 2010.

Reported by X.P