IEAT invests Bt900 million in Songkhla industrial estate

Corporate April 09, 2019 01:00

By The Nation

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Industrial Estate Authority of Thailand or IEAT has set aside a Bt900 million investment budget to develop 629 rai (100 hectares) of land in the Songkhla special economic zone to create an industrial estate that will open in the year 2020, IEAT governor, Sonchint Pilouk, said recently.



She added that the IEAT expects the investment will result in new plants as Bt13.8 billion is invested by five companies in five sectors – food processing, rubber industrial, leather and garment industries, logistics, and home and electronic appliances. 

The new industrial investments will create 3,400 jobs, she predicted.

 

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