Amata gains $4m from Vietnam firm<\/p>\n
BANGKOK: Thailand's Amata Corporation PCL on Sunday announced
\na US$4-million profit from its industrial estate in Vietnam for
\nthe first three quarters of 2005, nearly double its profit for
\nthe whole of 2004.<\/p>\n
Amata, one of Thailand's leading industrial estate operators,
\nset up the Amata City Bien Hoa Industrial Park in the southern
\nDong Nai province in 1995 as a joint venture with the Vietnamese
\ngovernment.<\/p>\n
Amata's business development director Somhatai Panichchiva
\nsaid revenues were growing by 15 percent to 25 percent a year,
\nand had generated a profit of $4 million during the first nine
\nmonths of the year, compared with $2.1 million for the whole of
\n2004, reported the Thai News Agency.<\/p>\n
Most of the factories located at the Bien Hoa estate are owned
\nby Taiwanese and Japanese investors, she said.<\/p>\n
Somhatai said 2006 plans include a new commercial and
\nresidential complex in Bien Hoa district, and investing in a new
\n2,880-hectare industrial estate to serve as a logistics hub for
\nHo Chi Minh City airport. -- DPA<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/amata-gains-4m-from-vietnam-firm-1447893297",
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