Electricity Generating Plc (EGCO), a subsidiary of the state-run Electricity Generating Authority of Thailand, recently signed an agreement with the state-run Industrial Estate Authority of Thailand (IEAT) to set up the EGCO Rayong Industrial Estate (ERIE). ERIE will be located in the Eastern Economic Corridor (EEC), with a total investment valued at THB 1.9 billion (USD 63 million).
The new industrial estate will be only 12 km from the Map Ta Phut Port, 50 km from the Laem Chabang port, 28 km from the U-Tapao International Airport, and 140 km from the Suvarnabhumi Airport. According to the plan, ERIE, which will have a total area of approximately 621 rai (993,600 sq meters), is scheduled to open in 2022.
EGCO Group president Thepparat Theppitak said the new industrial estate will be designed to be a smart and green industrial area. Specifically, ERIE will allow EGCO to grow energy businesses spacialized on smart grids, rooftop and floating solar panels.
(Sources: EGCO; Bangkok Post)
