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The IEAT or Industrial Estate Authority of Thailand was created by the Thai government to promote industrial growth in Thailand. They manage a large number of industrial parks in Thailand inviting foreign investment into the country. The IEAT was started in 1972. You will note that the IEAT is a state enterprise which falls under the Thai Ministry of Industry. Lastly the IEAT was tasked with developing as well as managing industrial estates across the country. Speak to us as a well known law firm in Thailand for advice and guidance.
IEAT aims to:
• Help to facilitate industrial development by providing industrial estates.
• Likewise to promote foreign direct investment (FDI)
• In addition to balancing industrial growth while protecting environmental protection.
• Lastly to help support regional economic development
• Infrastructure Development: The IEAT designs and builds the park’s infrastructure
• One-Stop Service: Provide support for licensing, customs and other services
• Incentive Packages: There are benefits for IEAT zones such as tax incentives, reduced import duties, and access to specialized zones like free zones or bonded warehouses.
IEAT helps to emphasize eco-friendly practices. These include but are not limited to efficient waste management systems as well as green industrial zones that minimize environmental impact.
• General Industrial Zones: For all types of manufacturing and industrial activities.
• Free Zones: These zones are for export businesses with tax and customs incentives.
Speak to as as one of many international law firms in Bangkok. You might also look into the services of a well known notary service in Thailand as well as a translation company in Bangkok as well.
IEAT manages over 60 industrial estates nationwide, but the following are ten prominent examples. Should you be interested in starting a business in Thailand and require a law firm to assist you, then speak to us.
You will note that the estate was created in 1989. Likewise, the company Amata Corporation is also listed on the SET. They are a well-known developer of industrial estates. Spanning 43 square kilometers (4,330 hectares), Amata hosts over 790 tenants, including factories, commercial businesses, and leaseholders, contributing to a thriving industrial ecosystem. With a working population exceeding 200,000, the company plays a vital role in driving innovation and economic growth in the region.
The industrial park Amata City Industrial Estate. This park was created in 1995 by Amata City Rayong Company Limited. Likewise this is a large estate that spans 27 square kilometers or 2,703 hectares. The industrial estate is also home to more than 445 tenants. Lastly the estate is home to factories, commercial businesses, and leaseholders. Also the workforce at the state exceeds 100,000 workers and serves as a hub for industrial and commercial activity in Rayong. See the factory license in Thailand on here as well.
As you will note that the Map Ta Phut Industrial Estate was created as well as managed by the IEAT. This is a large estate that spans 166 square kilometres. The industrial estate is a medium-sized estate with about 151 factories. The tenants are diverse as they range from petrochemical plants to iron and steel facilities. Lastly the estate supports a substantial workforce, contributing significantly to the industrial and commercial activity in Rayong.
The Lat Krabang Industrial Estate is one of Bangkok’s largest industrial estates. It is however not as large as the Amata Nakorn Industrial Estate in Chonburi. The Lat Krabang Estate’s location is not that far from Central Bangkok in the Lat Krabang district. Likewise, the industrial park covers a total area of 3,000 rai (about 1,200 acres). There are now about 1,000 factories on the Lat Krabang Industrial Estate. There are diverse tenants in the park.
The following industrial park is the Bangpoo Industrial Estate which is located in Samut Prakan, Thailand. The park is 5,500 rai (880 hectares) in size and was created in 1977. It is not far from the automotive cluster not far away. The industrial estate has more than 500 factories, including companies involved in chemical and electrical products.
This is another older but well-established industrial estate with many well-known brand names as clients. You will note that the Laem Chabang Industrial Estate has also been described below. Likewise, the industrial estate is managed by the IEAT. This estate was created in 1982 and is not very big like the others. It’s about 3,556 rai (569 hectares). The Laem Chabang Deep Seaport is also not very far from the industrial park.
Another estate is the well-known Nava Nakorn Industrial Estate in Pathum Thani. This is likewise an older estate as it was created in 971 and spans about 6,575 rai (1,040 hectares). It is not far from Bangkok and offers excellent facilities. This includes but is not limited to electricity, natural gas, water supply, wastewater treatment, and high-speed internet.
If you did not know then we have explained it here. The Wellgrow Industrial Estate is another industrial estate. This one is located in Chachoengsao. This park was created in 1989. This was during the industrial growth phase in Thailand. The industrial park is about 3,508 rai (1,386 acres) and it hosts a diverse range of businesses. It has seen major investment, particularly from Japanese manufacturers. See also the article on running a factory in Thailand as well as the factory act Thailand.
Looking to the East of Thailand there is the Nakhon Ratchasima Industrial Estate in Nakhon Ratchasima. The industrial estate is large and it also covers about 2,000 rai (320 hectares). For those looking at Thailand as a hub for the Eastern parts then the location is perfect as it is strategically located along the North East highway, providing easy access to neighboring countries like Cambodia, Laos, Vietnam, and China.
Thailand is fast moving towards wanting to become the high-tech hub in the region. Likewise while embracing sustainability. The IEAT’s role will remain pivotal in managing industrial estates that balance economic, environmental, and social priorities. Lastly if you need and English speaking lawyer in Thailand then speak to us today. The Industrial Estate Authority of Thailand (IEAT) is very popular with large foreign corporates.
The information contained in our website is for general information purposes only and does not constitute legal advices. For further information, please contact us.
