Ban Wa (Hi-Tech) Industrial Estate

Hi-Tech Industrial Estate is one of the projects under Thai Industrial Estate Corp., Ltd. The company was established on January 11, 1986 with the main purpose of developing an industrial estate in Ayutthaya catering to high technology but less polluted industries. The company also strongly believes that sustainable development is the most crucial factor to the project on the whole.

Hi-Tech Industrial Estate is one the earlier developed industrial estate in Thailand. Throughout the past eight years, Hi-Tech Industrial Estate has earned its reputation for developing well planned and the most completed industrial estate in Thailand. The company's primary philosophy is to develop industrial estate based on the following objectives

Strategy location

Situated at kilometer 59 on the Asian Highway in Ayutthaya province, the Hi-Tech Industrial Estate's superb locations means convenient communications to Bangkok and other provinces. 4 WAYS TRANSPORTATION

               By road: The estate is only 60 kilometers from the Bangkok Port. The Deep Sea Port in Chonburi province on the eastern coast is to be connected to the estate by the Wang Noi-Bang Plee Highway, bypassing Bangkok. And not far from the estate, there is an entry to the outer Ring Road - another fast route into Bangkok and the southern provinces.

By air:    It is only 36 kilometers to Bangkok's Don Muang International Airport.

By ship: The estate is on the bank of the Chao Phraya River, and goods can be ferried to the Bangkok Port or to the Deep Sea Port.

By rail:   A new track is to be built joining the estate with the nearby Bang Pa-in railway station, goods and commuters to and from the estate can then be transported by the existing train service which links Bangkok, Ayutthaya and other nearby province.

- General Industrial Zone: 1,034 rai (413.6 acres)

- I-EA-T Free Zone: 592 rai (236.8 acres)

- Residential/Commercial area: 114 rai (45.6 acres)

- Infrastructure and public utilities: 639 rai (255.6 acres)

Baord 

Privilege

The Eastern Economic Corridor (EEC) Development Plan under scheme of Thailand 4.0 aiming to revitalise and enhancing of the well-known Eastern Seaboard Development Program that had supported Thailand as a powerhouse for industrial production in Thailand for over 30 years.

Under this initiative, the Eastern Economic Corridor Office of Thailand (the EECO) has been assigned to drive the country's investment in up-lifting innovation and advanced technology for the future generation. The EEC Development Plan will lead a significant development and transformation of Thailand's investment in physical and social infrastructure in the area.
The EEC project will, initially, be focused in 3 eastern provinces namely Chachoengsao, Chonburi and Rayong. Regarding this, the EEC Policy committee is the primary Royal Thai Government collective force chaired by Prime Minister of Thailand.

BOARD OF INVESMENT (BOI)

The Board of Investment's (BOI) invest promotion measure in the Eastern Economic Corridor (EEC) is especially designed to boost targeted investment activities in designated areas in three provinces: Chachoengsao, Chonburi and Rayong. Private sector is encouraged through this measure to involve in human resources development in the business.

The development of the EEC Area is one of the government's policies to drive Thailand towards the new era of Thailand 4.0. Investments in targeted industries in the aforementioned areas are entitled to higher incentives.

INDUSTRIAL ESTATE AUTHORITY OF THAILAND (IEAT)

For the industrial estate to serve as the manufacturing base that contributes to industrial operators’ competitiveness; aside from the infrastructure system, facilities, and the management system; there is the need to put in place privileges that help industrial operators with business facilitation – equipping them with the ability of choosing to trade in their market of choice, domestic or export, based on current competition conditions.

Non-Tax Privileges for investment in bothGIZ and I-EA-T Free Zone

• The right to own land in an industrial estate
• The right to bring in foreign skilled workers, with visa and work permit facilitation
• The right to bring in foreign skilled workers’ spouses and dependents, with visa facilitation
• The right to remit money abroad
• The right to receive additional privileges from Thailand’s Board of Investment (BOI) when applying for investment promotion

Tax Privileges for investment in I-EA-T Free Zone

• The right to receive non-tax privileges, similar to investment in the GIZ
• The right to receive additional tax privileges
• The right to receive exemptions of import duty; value-added tax (VAT); as well as excise tax on machinery, equipment, raw materials and supplies used in production
• The right to receive exemptions of export duty; value-added tax (VAT); as well as excise tax on imported materials for use in production or for commercial operation
• The right to receive exemptions of export duty; value-added tax (VAT); as well as excise tax on raw materials, products and by-products

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