Thailand Zhengda Guangxi Construction Industry Park Seeks Investment

2022-01-05
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Industry: Bidding Consolidation Region: Thailand Transaction Price: USD1 million Transaction Method: Equity Financing

Project introduction

The Thailand Zhengda-Guangxi Construction Industry Park is developed and operated by a joint venture established by Guangxi Construction Industry Group and Thailand Zhengda Group, which is a joint operation project with Thailand Industrial Park Administration (ieat).

The project is located in Roh Yong Fu of the Eastern Economic Corridor (eec) of Thailand. It covers an area of 7,300 mu and enjoys convenient land, sea and air transportation with excellent geographical location.

Key foreign investment industries

The park focuses on the introduction of manufacturing industry and relevant advantageous industries, such as:

● high value-added natural rubber products

● Mechanical equipment

● Automobile and its parts and components

● Electronic products and accessories

● Medical instruments and components

● Train, tram and rail transit equipment

● Production and maintenance of aircraft, aviation equipment and components

● Telecommunication equipment and its accessories

• Biological and chemical technologies

According to the eec plan for the eastern economic corridor of Thailand, the park also focuses on supporting five major target industries:

● Next-generation cars

● Intelligent electronics

● Digital industry

• Medical equipment

● Food processing

Campus infrastructure

● Water supply: the supply of tap water can reach 14,400 cubic meters per day, and the storage capacity of the reservoir in the park can reach 429,622 cubic meters.

● Power: the park's own power plant and the local power authority (pea) provide 115/22kv dual power supply with double guarantees.

● Road: the main road has 6 lanes in both directions with a width of 50m, and a green isolation belt is set in the road; The slip road is 30 meters wide with 4 lanes in both directions, and the parking lot is about 24 mu.

● Sewage treatment: a sewage treatment plant adopting sbr system technology is built in the park, with daily sewage treatment capacity of 12,000 cubic meters.

● Natural gas: three pipelines constructed by PetroThailand ptt Company pass through the park and the natural gas supply in the park.

● Waste treatment: traditional garbage truck collection and automated waste collection and treatment system.

● Fire fighting system: fire hydrants are 150 meters apart with 240 cubic meters of water to ensure fire safety.

● Communication: Network, fttp, Build Smart Park.

● Business support: apartments, supermarkets, banks, restaurants, convenience stores, pharmacies, markets, etc.

● Greening facilities: cover 10% of the total area of the park with green vegetation to create a new type of environment-friendly green park.

● Supporting living facilities: shopping malls, apartments, convenience stores, banks, law firms, restaurants and other supporting living facilities.

preferential policy

Tax incentives:

● Exemption/reduction of import duties on machinery

● Exemption from import duties on imported goods for research and development

● Exemption from enterprise income tax and bonus tax

● subject to corporate income tax by half

● Double deduction of transportation fee, electricity fee and tap water fee

● Increased deduction of 25% for installation and construction of facilities

● Exemption from import duties on raw materials or materials necessary for the production of export products

Non-tax incentives:

● Foreign nationals are allowed to enter the country to learn about the investment environment and policies.

● Foreign executives, experts, technicians and their families are allowed to be introduced

• Allowing land ownership

● Foreign currency remittance allowed

● Simplify the processing of work permits and visas.

Campus services

● One-stop service in the park: Thailand Industrial Park Administration (ieat) has set up a "one-stop service" center in the park to provide convenient services for enterprises in the park to apply for licenses from various departments.

● Application for boi certificate: assisting customers to conduct investment policy consultation with the Investment Commission of Thailand (BOI) and the Eastern Economic Corridor of Thailand (eec) and to apply for preferential policies for investment in factories.

● Enterprise registration service: provide customers with relevant consultation on registration of enterprises in Thailand and assist in handling specific procedures

● Chinese team service: provide Chinese service to investors in the park

● Factory building and production certificate handling services: assistance in construction bidding, assistance in application for factory building permits, assistance in handling production certificates and other services

● Leasing services: provide leasing services such as standard factory buildings, apartments, office buildings and warehouses to enterprises.

● Labor resources services: provide recruitment, training, work permit and visa services to enterprises

Cooperation intention

Please contact us if you wish to enter this Thai industrial park.