WHA ID will hold 60 per cent of the newly established joint venture, to be named WHA Industrial Estate Rayong, with the remaining 40 per cent held by IRPC. Located 20 kilometres from Rayong City, 36km from Map Ta Phut Port and 50km from U-Tapao airport, the industrial estate will be called WHA Industrial Estate Rayong. “WHA ID has established this joint venture with IRPC to develop this landmark project in Thailand,” said Jareeporn Jarukornsakul, WHA chairman and Group chief executive. “This joint venture with WHA ID is based on building the synergy between two companies,” confirmed IRPC’s president Sukrit Surabotsopon. We will deliver a state-of-the art, customer-focused industrial estate of the highest standard that will create new demand for a skilled workforce and help boost the country’s growth.”With the establishment of WHA Industrial Estate Rayong, WHA ID confirms its leading position as the largest industrial estate developer in Thailand, with a combined area of over 48,500 rai (7.760 hectares).

Source: The Nation Bangkok May 17, 2018 03:33 UTC