Amata aims $20b at park development

02:04, 05/04/2012

Thailand's leading developer of industrial park facilities Amata Corp, alongside fellow investors, plans to pump a massive US$20 billion into an integrated industrial estate in Long Thanh town, Dong Nai province.

Thailand's leading developer of industrial park facilities Amata Corp, alongside fellow investors, plans to pump a massive US$20 billion into an integrated industrial estate in Long Thanh town, Dong Nai province.

The Amata Express City will cover 1,300ha close to the new Long Thanh international airport.

The project would include a 760ha urban area next to the river, a 420ha high-tech industrial area and another 105ha urban site, said General Director of Amata VN Huynh Ngoc Phien.

With design complete, construction is scheduled to commence early next year, first phase development expected to finish by 2015.

(Source: VNS)