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Amata Corporation

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The AMATA Corporation Public Company Limited (AMATA) (Thai: อมตะ คอร์ปอเรชั่น จำกัด (มหาชน)) is a Thai industrial estate provider headquartered in Bangkok.[2] The meaning of Amata in Thai is "eternity".[3] The company was established on 6 March 1989 by Vikrom Kromadit.[4]

Amata Corporation PCL
Native name
อมตะ คอร์ปอเรชั่น
FormerlyBangpakong Industrial Park
Company typePublic SET: AMATA
IndustryIndustrial Estate Development
Founded6 March 1989 (1989-03-06)
FounderVikrom Kromadit
Headquarters2126 Kromadit Building, New Petchburi Road, Bangkapi, Huai Khwang[1],
Bangkok
,
Thailand
Number of locations
3
WebsiteOfficial website

Overview

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AMATA Corporation PCL, formerly known as Bangpakong Industrial Park, is located between Bangkok and Laem Chabang deep sea port near the main road from Bangkok to Chonburi.[5] The company specializes in planning, developing, managing and marketing integrated industrial estates.[6] It is considered one of Asia's most successful large-scale industrial development regions and the regional finalist for East Asia.[7]

AMATA hosts more than 1,000 factories in three locations:

  1. AMATA Nakorn, Chonburi
  2. AMATA City, Rayong
  3. AMATA City, Bien Hoa

The company operates in both Thailand and Vietnam and hosts global clients from the automotive, healthcare, and food and beverages industries.[8][9] The present registered capital is ฿1,067,000,000.[10] The estate provides around 300,000 jobs for local people,[11][12] and the company slogan is "Creating city, driving economy"[13]

Utilities Groups

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Amata Corporation PCL has set up nine companies to operate utility business as follows:

  1. Amata B.Grimm Power Ltd. (changed from Amata Power Ltd., on 26 August 2011) in which the company holds a 13.77% interest. The company operates a power business that sells electricity and steam in Thailand and overseas.
  2. Amata Water Co., Ltd., (name changed from Amata Quality Water Co., Ltd., on 21 November 2005) produces water products for industrial users. Amata Corp holds a 100% stake in this company.
  3. Amata Natural Gas Distribution Co., Ltd., distributes natural gas to industrial users. Amata holds a 20% stake in this company.
  4. Amata B-Grimm Power (Rayong) 1 Ltd., produces electricity and steam; Amata indirectly holds a 15.23% stake in this company.
  5. Amata B. Grimm Power (Rayong) 2 Ltd., produces electricity and steam; Amata indirectly holds as 15.23% stake in this company.
  6. Amata B. Grimm Power 3 Ltd., produces electricity and steam; Amata directly and indirectly holds an 18.26% stake in this company.
  7. Amata B. Grimm Power 4 Ltd., produces electricity and steam; Amata directly and indirectly holds a 27% stake in this company.
  8. Amata B. Grimm Power 5 Ltd., produces electricity and steam; Amata directly and indirectly holds a 27% stake in this company.
  9. Amata B. Grimm Power 5 Ltd., produces electricity and steam; Amata directly and indirectly holds a 27% stake in this company.
  10. Amata FredeErSej Ltd., provides guidance and consulting services in relation to the closing of deals; Amata directly and indirectly holds a 32% stake in this company.

Further reading

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  • Kromadit, Vikrom (2011). Be a Better Man. Bangkok: Amata Foundation.

References

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  1. ^ รายละเอียดบริษัท/หลักทรัพย์ เซ็ทเทรดดอตคอม
  2. ^ "AMATA history". Archived from the original on 18 July 2015. Retrieved 27 July 2015.
  3. ^ AMATA Directory. Siam Gazette Co., Ltd. 2013. p. 15.
  4. ^ Vorasarun, Chaniga. "Vikrom's Vision". Forbes. Retrieved 17 June 2015.
  5. ^ "Amata Industrial Estates in Thailand and Vietnam". Business in Asia. Archived from the original on 23 September 2015. Retrieved 27 July 2015.
  6. ^ "AMATA On the Move for the Future". Forbes Asia: 45. June 2015.
  7. ^ Mai, Nguyen (26 May 2015). "Thailand's Amata nears key approval for $500 mln Vietnam project". Thanhnien News. Archived from the original on 27 January 2016. Retrieved 27 July 2015.
  8. ^ "Amata signs MoU with UOB pact aimed at facilitating clients' expansion in Southeast Asia". The Nation. Retrieved 28 July 2015.
  9. ^ "AMCHAM Member Directory". AMCHAM Thailand. Archived from the original on 26 July 2015. Retrieved 28 July 2015.
  10. ^ "ข้อมูลรายบริษัท/หลักทรัพย์". SET. Retrieved 28 July 2015.
  11. ^ "Thailand's Amata to develop $1.6bn complex in northern Vietnam: media". Tuoi Tre News. 10 July 2014. Retrieved 28 July 2015.
  12. ^ Luengalongkot, Asst. Prof. Dr. Pongsatean (2013). Learning Organization of Industrial Factories in Amata Nakorn Industrial Estate, Chonburi Province. Thailand. Atlantis Press.
  13. ^ Organization data fact sheet. AMATA. January 2015.
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