The Industrial Estate Authority of Thailand (IEAT) has revealed that a new industrial estate developed specifically for small- and medium-sized enterprises (SMEs) is likely to be situated in the Eastern Economic Corridor (EEC).
Thailand to develop new IP for SMEs (Photo: bangkokpost.com)
Bangkok (VNA) 🉐– The Industrial Estate Authority of Thailand (IEAT) has revealed that a new industrial estate developed specifically for small- and medium-sized enterprises (SMEs) is likely to be situated in the Eastern Economic Corridor (EEC).
Acting governor of the IEAT Sumet Thangprasert said officials expect to use part of an IEAT-owned industrial estate in the EEC to develop the new industrial complex.
The EEC, which spans parts of Chon Buri, Rayong, and Chachoengsao, is meant to be Thailand's high-tech industrial hub hosting 12 targeted industries, including new-generation cars and smart electronics.
Sumet emphasised that the authority is in talks with many industrial estate developers to see whether they want to help SMEs, but in the end the government may choose IEAT for this project.
The latest effort to help SMEs stems from an initiative of Industry Minister Akanat Promphan, who vowed to offer better financial and technical support to SMEs.
Akanat said earlier he would discuss with the IEAT the idea of building a new industrial estate for SMEs.
Usually buying land to build factories inside industrial estates requires a huge investment, but this new estate can serve SMEs with a limited budget, he said.
The government wants to ensure SMEs will not shoulder expensive costs when they use facilities inside the estate.
Besides, Sumet said the IEAT will cooperate with the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) and the Industry Ministry to help firms that want to invest in the SME industrial estate.
Meanwhile, managing director of SME D Bank Pichit Mitrawong acknowledged that this will be a good opportunity for SMEs to enhance their business growth at the new industrial estate, while the government can manage the estate by promoting eco-friendly manufacturing and digital technology.
Thailand has created a strong industrial estate network covering 68 locations in 16 provinces, attracting a cumulative investment of more than 17 trillion baht (515 billion USD) and creating jobs for 953,630 people./.
The sea of mud left behind on roads and in houses by the devastating flooding in early September, in Mae Sai district of Thailand's Chiang Rai is posing a big headache for officials who are racing against time to rehabilitate this key border town so the people’s lives and businesses can resume.
At least 25 people, including 22 students and three teachers, were killed when a Thai bus caught fire in Pathum Thani province near Bangkok on October 1.
Thailand’s Treasury Department on September 30 reported its highest revenue collection in nearly a century due to greater numbers of land lease auctions and renewals of major lease contracts.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
