IEAT joins hands with EEC to push the country’s first circular industrial estate.

Bangkok, The Industrial Estate Authority of Thailand (IEAT) signed a memorandum of understanding with the Eastern Special Development Zone Policy Committee Office (IEAT) to drive the development of the first Circular Industrial Estate in Thailand. Under the concept of sustainable and environmentally friendly development. Mr. Yuthasak Supasorn, Chairman of the IEAT Board, said that the cooperation of both sides stems from the spirit of determination to create the Circular Industrial Estate Project together with the investment in the EEC Business Center Project. and a new smart livable city (EEC Capital City) under the concept of sustainable and environmentally friendly development. Driving the development of this first Circular Industrial Estate is considered a good start to applying the Circular Economy approach to the establishment of an industrial estate that focuses on using available resources for maximum efficiency, promoting Recycling to Reduce waste generation and aiming for sustainability Mr. Weris Amrapal, Governor of IEAT, said that IEAT as a state enterprise agency Under the Ministry of Industry, the main mission is to establish industrial estates. Provide utilities and public facilities necessary for industrial operations. which covers environmental and safety management Including managing industrial estates to be efficient. In line with the needs of stakeholders and investors along with spreading prosperity to the region 'This cooperation is a good starting point for IEAT and OERC to jointly support the development of the Circular Industrial Estate project by using IEAT's industrial estate development and management potential with support. Area from EEC To be a target area for the green technology industry and circular economy This is an important step in the development of the circular economy in Thailand. To aim for sustainability We believe that the Circular Industrial Estate will definitely be able to attract both domestic and foreign investors, help create jobs, generate income, and stimulate the country's economy,' Mr. Wiris said. Mr. Chula Sukmanop, secretary-general of the Eastern Special Development Zone Policy Committee (ESEC), said that the signing of the memorandum of understanding on cooperation this time will support the use of land in the EEC Business Center and New City projects. Intelligent Living (EEC Capital City) including developing potential and readiness to support new investment Promote and push for investment in target industry groups. In particular, the BCG cluster group and the development of the Circular Renewable Industry are expected to help strengthen the investment ecosystem that will create the use of clean energy. To attract investors and citizens into the EEC area. This cooperation will focus on supporting the development of IEAT's Circular Industrial Estate project on the EEC Business Center and Smart New City (EEC Capital City) projects, promoting investment in target industries. Related activities and create a business ecosystem Raise the international competitiv eness of the country by IEAT will establish a working group to drive the development of the Circular Industrial Estate project to study the feasibility and suitability of establishing an industrial estate. Construction management development and supervise the Circular Industrial Estate project, including supporting relevant information to the EEC, while the EEC will be responsible for acquiring potential land for the development of the Circular Industrial Estate project, supporting information related to the EEC Business Center and New Livable City projects. Genius (EEC Capital City) for IEAT and in cooperation with IEAT in communication and public relations for the next project. Source: Thai News Agency