Sojitz is also in talks with Saha regarding a memorandum of understanding which would see the parties jointly developing industrial parks and other businesses, strengthening the partnership between the two companies. The study predicted that more Japanese manufacturers would look to Thailand to set up or expand their production facilities. Saha has developed four industrial parks in the country since 1974, headed by the first in Sri Racha and three more in Kabin Buri, Lamphun, and Mae Sot. Furthermore, Sojitz’s support network—both in Japan and Thailand—will provide detail-oriented backup to companies considering inroads into Thailand. Sojitz will use its experience gained from work on industrial parks in Vietnam, Indonesia, India, and the Philippines in its offers to Japanese companies looking to establish production bases in Saha's industrial parks in Thailand and other countries in the region.

Source: The Nation Bangkok June 30, 2019 17:26 UTC