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Chinese firms eye EV supply chain in Thailand’s Smart Park
Picture courtesy of JUICE, Unsplash Chinese companies have shown keen interest in the EV supply chain and energy sectors of the Smart Park Industrial Estate, situated in Rayong, Thailand. This industrial estate is due to open by the end of the current year, according to the Industrial Estate Authority of Thailand (IEAT).
The companies aim to establish factories manufacturing EV components to cater to the burgeoning Thai EV market. They also have plans to venture into energy development, revealed Veeris Ammarapala, the governor of IEAT.
“We have taken this group of investors to visit Smart Park. They are interested in leasing large plots of land and are gathering data to conduct feasibility studies on their new businesses.”
Smart Park gives particular importance to the digital sector, with digital technology playing a crucial role in supporting several businesses, including EV…
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