Thailand's Amata Corporation Chairperson discusses plans to establish a futuristic urban center in South Korea.
In the bustling heart of Southeast Asia, Amata Corp., a leading industrial estate developer based in Thailand, is forging ahead with ambitious plans to partner with Korean companies and develop smart cities. The company's founder and chairman, Vikrom Kromadit, has placed South Korea at the centre of his vision for the region's future urban development.
Amata Corp., established in 1989, has been actively involved in various industrial and urban development projects across Thailand, Vietnam, Laos, and Myanmar. With over 11 projects spanning more than 150 square kilometers, the company manages over 1,600 corporate tenants from 33 countries, including global giants such as BASF, BMW, Bosch, Foxconn, Nestle, and Toyota.
Kromadit, a mechanical engineering graduate from National Taiwan University, has shown a keen interest in South Korea, visiting the city of Seoul multiple times to build new relationships with Korean conglomerates seeking to establish facilities in Thailand. His latest visit, in July, was aimed at fostering these connections. Three of Korea's leading conglomerates expressed significant interest in Amata Group during this visit.
Amata Corp.'s vision for its partnership with Korean companies involves several strategic initiatives. While specific details about these partnerships are not yet available, Kromadit's emphasis on South Korea suggests potential cooperation or investment opportunities that could align with broader regional development goals.
One such initiative is the development of smart cities. Amata Corp., known for its role in developing industrial estates, could potentially apply this expertise to smart city projects. The concept of smart cities typically involves integrating advanced technologies to enhance urban living and economic efficiency.
The Korean Smart City Zone, a potential project under Amata Corp.'s purview, is envisioned as a platform for Industry 4.0. This zone would support high-tech industries by leveraging Korean expertise in smart and sustainable urban development. While details about the Korean Smart City Zone are not explicitly mentioned, it is likely that the company aims to integrate cutting-edge infrastructure and technology solutions to enhance quality of life and economic opportunities in the region.
Kromadit, who founded V&K Corporation in 1975 and launched Bang Pakong Industrial Park in 1988, remains grounded in his approach to business. He views it as the foundation for making dreams real, not just about money. This philosophy is evident in his authoring of the bestselling autobiography "Dream 50 Years," which was adapted into a TV drama.
In 2017, Amata Corp. signed a business agreement with Incheon Smart City Corp. to create a smart city model at Amata Nakorn Industrial Estate in Chonburi. This collaboration demonstrates Amata Corp.'s commitment to smart city development and its potential to leverage its experience in infrastructure development and innovation.
As Kromadit looks to the future, he sees Korea standing at the centre of Asia, poised for even greater opportunities. With his focus on sustainability and innovation, Amata Corp.'s partnership with Korean companies and its development of smart cities could mark a significant step forward in Southeast Asia's urban landscape.
- Amata Corp., a leading industrial estate developer, has expressed interest in partnering with Korean companies to develop smart cities, aligning with their vision for the region's future urban development.
- The Korean Smart City Zone, a potential project under Amata Corp.'s purview, could leverage Korean expertise in smart and sustainable urban development, supporting high-tech industries.
- Amata Corp., with over 1,600 corporate tenants from 33 countries, is looking to integrate cutting-edge infrastructure and technology solutions to enhance quality of life and economic opportunities in the region.
- Vikrom Kromadit, the founder and chairman of Amata Corp., views business as the foundation for making dreams real, not just about money, and his company's focus on sustainability and innovation is evident in their partnership with Korean companies and smart city development projects.
