Gen Chainarong Noonpakdee, chairman of Nava Nakorn Plc which operates the flood-hit industrial estate in Pathum Thani, said today that to assure investors of safety, Italian-Thai Development Plc has been hired to devise a permanent flood barrier. The 6.50-metre-high and 22-km-long barrier should require an investment of about Bt500-Bt600 million. It will be completed no later than June.
He urged the government to help, by temporarily waiving corporate tax collection on industrial estates while the barrier investment is underway.
The industrial estate houses 227 factories.
Masatoshi Kimata, president of Siam Kubota Corporation of which plant is located in the estate, said that the company would maintain operating from the estate. While giving water pumps to the industrial estate operator, he said that Kubota still plans to invest more in Thailand and will not lay off workers.
Saying that the government did its best in handling the flood crisis, he wished the government announce a permanent prevention plan.