AmataNews · 2023-08-03 06:01

AMATA and EXIM Bank signed an agreement to support financial services for the AMATA Smart and Eco City project in Laos.

AMATA Corporation, through its subsidiary Amata City Laos, partnered with the Export-Import Bank of Thailand (EXIM Bank) to facilitate financial services for the development of the AMATA Smart and Eco City project in Luang Namtha and Oudomxay provinces, Laos.

This collaboration aims to drive economic growth and sustainable development in Laos by creating a modern, eco-friendly industrial city, leveraging AMATA's expertise and attracting over $1 billion in investment.

Fast Facts

·Partners: AMATA Corporation, Export-Import Bank of Thailand (EXIM Bank)
·Project: AMATA Smart and Eco City
·Location: Nateuy (Luang Namtha province) and Namor (Oudomxay province), Laos
·Total concession area: 3,560 hectares (22,250 rai)
·Nateuy project area: 410 hectares (2,563 rai)
·Namor project area: 3,150 hectares (19,688 rai)
·Estimated investment: Over 1 billion USD
·Development start: Q4 this year (starting with Nateuy)
·Collaboration with Laos government: Since 2018

Other

ESG & Finance

Digitalization

People Mentioned

Vikrom Kromadit

Chairman at AMATA Corporation Public Company Limited

Warong Tangpraphruekkul

Managing Director at Amata City Laos Co., Ltd.

Dr. Rak Vorrakitpokatorn

Managing Director at Export-Import Bank of Thailand (EXIM Bank)

Arsa Sarasin

Chairman at Amata City Laos Co., Ltd.

Source

AMATA and EXIM Bank signed an agreement to support financial services for the AMATA Smart and Eco City project in Laos.