Saturday, August 3, 2013

Rojana, ITD to jointly develop Dawei Industrial Estate

The Nation
July 30, 2013

Rojana Industrial Park and Italian-Thai Development are joining forces to enter the promising Myanmar market with the establishment of the Dawei Industrial Estate on a 127,000-rai site.

Jirapongs Vinichbutr, managing director of Rojana, said yesterday that considering the great opportunities arising from the continuing growth of investment in Asean, the company agreed to club together with ITD to set up a company to develop the project in phases.
Target customers include producers of auto parts, textile and garment, electronics and electrical item, rubber product, rubber and wooden furniture, plastics and construction material and equipment as well as leatherwork and seafood products.

The approaching ASEAN Economic Community has added greater flexibility to industries, so Rojana decided to keep pace with the changes and investors' needs by expanding to meet the potential of neighbouring countries.

Myanmar has gained much attention from investors, in particular the Dawei area, which is considered an important gateway linking rapid logistics systems with Western countries.

The marketing of the Dawei Industrial Estate is expected to commence by year-end while buyers can begin construction early next year, he added.

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