Amata Corporation Explained

Amata Corporation PCL
Native Name:อมตะ คอร์ปอเรชั่น
Former Name:Bangpakong Industrial Park
Type:Public
Industry:Industrial Estate Development
Founder:Vikrom Kromadit
Hq Location:2126 Kromadit Building, New Petchburi Road, Bangkapi, Huai Khwang[1]
Hq Location Country:Thailand
Num Locations:3

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]

Overview

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 AMATA City, Rayong
  2. 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

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

External links

Notes and References

  1. http://www.settrade.com/C04_03_stock_companyhighlight_p1.jsp?txtSymbol=AMATA&selectPage=3 รายละเอียดบริษัท/หลักทรัพย์
  2. Web site: AMATA history. 27 July 2015. 18 July 2015. https://web.archive.org/web/20150718063418/http://www.amata.com/thai/corporate_history.html. dead.
  3. Book: AMATA Directory. 2013. Siam Gazette Co., Ltd.. 15.
  4. Web site: Vorasarun. Chaniga. Vikrom's Vision. Forbes. 17 June 2015.
  5. Web site: Amata Industrial Estates in Thailand and Vietnam. Business in Asia. 27 July 2015. https://web.archive.org/web/20150923195342/http://www.business-in-asia.com/amata_industrial_estate.htm. 23 September 2015. dead. dmy-all.
  6. AMATA On the Move for the Future. Forbes Asia. June 2015. 45.
  7. Web site: Mai. Nguyen. Thailand's Amata nears key approval for $500 mln Vietnam project. Thanhnien News. 27 July 2015. 26 May 2015.
  8. Web site: Amata signs MoU with UOB pact aimed at facilitating clients' expansion in Southeast Asia. The Nation. 28 July 2015.
  9. Web site: AMCHAM Member Directory. AMCHAM Thailand. 28 July 2015. https://web.archive.org/web/20150726054332/http://www.amchamthailand.com/ACCT/asp/corpdetail.asp?CorpID=42. 26 July 2015. dead.
  10. Web site: ข้อมูลรายบริษัท/หลักทรัพย์. SET. 28 July 2015.
  11. Web site: Thailand's Amata to develop $1.6bn complex in northern Vietnam: media. Tuoi Tre News. 10 July 2014 . 28 July 2015.
  12. Book: Luengalongkot. Asst. Prof. Dr. Pongsatean. Learning Organization of Industrial Factories in Amata Nakorn Industrial Estate, Chonburi Province. Thailand. 2013. Atlantis Press.
  13. Book: Organization data fact sheet. January 2015. AMATA.

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