Sojitz Acquires Agent License for Four Industrial Parks Developed by Major Thailand Conglomerate
– Sojitz’s Fifth Industrial Park in Asia –
Jun. 28, 2019
Sojitz (Thailand) Co., Ltd.
Sojitz Corporation (“Sojitz”) and major Thailand conglomerate Saha Group’s corporate arm, Saha Pathana Inter-Holding Public Co., Ltd. (“Saha”), have concluded an agreement through Sojitz’s local subsidiary, Sojitz (Thailand) Co., Ltd. (Head Office: Bangkok, Thailand; Representative Director: Shinichi Sakata; “Sojitz Thailand”), to have Sojitz act as sale agent for Saha’s industrial parks. Sojitz is also advancing talks with Saha regarding a memorandum which would see the parties agree to use these industrial park sales as the starting point for consideration of joint develop industrial park and other business areas, strengthening the partnership between the two companies.
Thailand’s long-term socioeconomic vision for the country—"Thailand 4.0”— aims to achieve greater industry sophistication and higher added value in the country. The Japan Bank for International Cooperation (JBIC) conducts an annual survey of foreign direct investment by Japan’s manufacturing sector, and in FY2018’s study, Thailand came in third place behind China and India for the most promising country in the medium-term (next three years). The study predicts yet more manufacturers will move into Thailand and expand their production facilities there.
Saha has developed four industrial parks in Thailand since 1974 start by Sri Racha following with Kabin Buri, Lamphun, and Mae Sot. This means that Sojitz can offer prospective investors suitable industrial park matched to the client’s needs. Furthermore, Sojitz’s support network—both on the Japan side and in Thailand—will provide detail-oriented backup to companies looking to enter Thailand.
Sojitz will use its experience gained through work on industrial parks in Vietnam, Indonesia, India, and the Philippines to provide even stronger offers to Japanese companies considering expansion into Asia together with Saha, support entry into Saha’s four industrial parks in Thailand, and contribute to the advancement of Thailand’s industry.
Company Overview – Saha Pathana Inter-Holding Public Co., Ltd.
|Address||No. 530 Soi Sathupradit 58, Bangpongpang Sub-District, Yannawa District, Bangkok, Thailand|
|Representative Director||Boonsithi Chokwatana|
Saha’s Four Industrial Parks (Sri Racha, Kabin Buri, Lamphun, and Mae Sot)
|《A》Sri Racha||《B》Kabin Buri|
|Name||Saha Industrial Park - Sriracha||Saha Industrial Park - Kabinburi|
|Address||Moo1, Nongkham Sub-district, Sriracha District, Chonburi Province 20230||Moo 5, Nonsi Sub-district,
Kabinburi District, Prachinburi Province 25110
|Development Area||288 hectares
|Features||・Roughly 2 hours from Bangkok by car (114km)
・Located in Chonburi Province, within the Thai government’s Eastern Economic Corridor (EEC) area
・Borders Laem Chabang Port, Thailand’s largest deep-sea port
・Located in a hotbed of auto industry activity
|・Located in Prachinburi Province, roughly 2.30 hours from Bangkok by car (159km)
・Many automotive assembly factories have been built in the surrounding area, including those belonging to Japanese companies. Many automotive component manufacturers have thus gathered in the area.
|Name||Saha Industrial Park - Lamphun||Saha Industrial Park -Mae Sot|
|Address||Moo 15, Pa Sak Sub-district,
Mueang District, Lamphun Province 51000
|Moo 15, Maekasa Sub-district,
Mae Sot district, Tak Province 63110
|Development Area||371 hectares
|Features||・Only a 45-minutes drive (34km) away from Chiang Mai, Northern Thailand’s largest city
・Many electronic parts manufacturers have set up shop in the surrounding area
|・Located in Tak Province, on the border with Myanmar
・Only 15 minutes by car (13km) away from the Myanmar border and Mae Sot Airport