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Hemaraj Land And Development Public Company Limited today signed a contract with Hi-Tech Kabin Logistics Corp., Ltd. to purchase land of 55 rai initially in Hi-Tech Kabin Industrial Park. The new expansion project is Hemaraj Ready-Built Factory Park 1 @ Hi-Tech Kabin. The project is the first step to expand factory rental business to serve customers in new location or outside Hemaraj’s existing industrial estates.
David Nardone, President & CEO of Hemaraj disclosed “Due to the increasing demand for ready-built factories, Hemaraj has plan to expand our RBF business to serve a wider range of customers in larger industrial areas outside of our existing 6 industrial estates in Chonburi, Rayong and Saraburi provinces. Today’s land purchase of 55 rai is the initial business expansion plan in Prachinburi province.
We plan to build 42,000 square meters of RBF over a period of 18 to 24 months to serve our expanding customers demand.
Hi-Tech Kabin Industrial Park was chosen for location of our first RBF expansion project due to its strategic location. Situated on Km. 78 on highway 304, Tambol Ladtakhien, Kabin Buri district,
Prachinburi Province, Hi-Tech Kabin IP is centrally located between Bangkok and the Northeastern Region of Thailand and can be easily accessed by ground, sea and air transportation. In addition, there has been increasing demand from investors in Kabin Buri for BOI promoted industrial zone 3.”
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About Hemaraj
Hemaraj Land And Development Public Company Limited is Thailand’s leading developer of Industrial Estates, Utilities, Power, and Property Solutions.
Hemaraj develops six industrial estates of 31,280 rai (12,500 acres, 5,000 hectares) and 600,000 square meters of Ready Built Factories and Logistics Parks. Industrial customers are automotive, petrochemical and other clusters comprising 519 distinct customers, 177 automotive customers with 274 automotive contracts, 784 Land or factory contracts, and a customer investment estimate of USD 25.0 billion.
Utilities include provision of 250,000 cubic meters per day of industrial water and waste water treatment.
Power development operating or under development are 13 projects of 2,635 megawatts with 23% Hemaraj shareholding.
Hemaraj received the “Excellent” (5 logos) corporate governance recognition level from Thai Institute of Directors (IOD) in 2009, 2010, and 2011. Hemaraj was added to the SET 50 Index from the third quarter of 2012.
For further information concerning Hemaraj Land And Development Public Company Limited (SET symbol Hemraj), please visit our website at www.hemaraj.com or contact us by email at invest@hemaraj.com
Mr. Paopitaya Smutrakalin, Director – Investor Relations
Hemaraj Land And Development Plc.
18/F UM Tower, 9 Ramkhamhaeng, Suanluang
Bangkok 10250, Thailand
Tel: 662-719-9555 to 9 Fax: 662-719-9546 to 7
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