THURSDAY, March 28, 2024
nationthailand

First phase of Udon Thani industrial estate to be ready next year

First phase of Udon Thani industrial estate to be ready next year

The Udon Thani Industrial Estate is more than 50 per cent ready, and Phase 1 should be ready for service next year, according to the Industrial Estate Authority of Thailand (IEAT)

Somjin Piluek, IEAT governor, said that once the industrial estate is fully open it should bring in about Bt22 billion in investment and create at least 20,000 jobs, generating up to Bt2 billion in annual revenue for the government.
This industrial estate has the geographical advantage of being linked up to an extensive transportation network both within and outside the country. Routes R12, R9 and R8, which includes the double-track high-speed railway from Bangkok to Nong Khai, can accommodate the transportation of goods between Thailand and southern China as well as to Laem Chabang Port and the Eastern Economic Corridor (EEC).
The IEAT has conducted a feasibility study on projects that will benefit the area, such as a dry port in Udon Thani, a railway linking the project area to the rest of the country as well as the option of providing special incentives to investors.
Industries targeted for this project include rubber, agricultural products, auto parts and auto assembly, construction materials, electronics and steel.
Somjin said this is the first industrial estate in the Northeast, though it is the 56th in the country.
Apart from being very close to the Udon Thani airport as well as the biggest highway and railway, this industrial estate can also be linked up with CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam.
The industrial estate’s logistics system will be developed in two phases, with the first phase (2020-2022) involving the construction of warehouses as well as container storage and off-loading areas. Permission is also being sought to establish a free trade zone.
The second phase (2022-2025) will include the development of a rail system, freight forwarder as well as a high-speed railway that links Udon Thani with neighbouring countries.
The industrial estate, located in Muang district’s Non Sung area, covers approximately 2,170 rai, of which 1,635 rai is up for sale.

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