As of 2022, the 12 square kilometer-large site hosts close to 170 factory projects from Chinese investors (some operating multiple factories) creating more than 45,000 jobs with a total industrial value of around USD 12 billion. The Thai - Chinese Rayong Industrial Zone has become one of the biggest industrial cluster centers and manufacturing export bases in Thailand and ASEAN for China’s traditional advantageous industries, such as new technologies, new energy, new materials, vehicle parts, machinery, and household electrical appliances. TCR also invested in commercial developments offering space for offices or services, and residential buildings (T.C. Town) at Amata’s Rayong site.
How it all began…
To serve the specific needs of these investors, in 2006, Amata Group and Holley Group established a zone dedicated to companies from China and started with phase one with a site of 500 rai (480 hectares or 1,200 acres) located at Amata City Rayong industrial estate, on the flourishing east coast of Thailand, the Eastern Economic Corridor, close to capital city Bangkok, international airports Suvarnabhumi and U-Tapao Rayong-Pattaya and Laem Chabang seaport.
More important than land is the human side of the venture: the TCR team includes both Mandarin-speaking Thai staff and Chinese nationals. Many Chinese companies likely to invest at Amata City Rayong are building an overseas factory for the first time, so Amata will specialize in solving their particular problems.
The Thai-Chinese Rayong Industrial Realty Development Company Limited was established on 20 March 2012 as a joint-venture between Zhejiang Holley Global Industrial Development Co., Ltd. (49%), Amata City Rayong Company Limited (30%) and Amata Corporation Public Company Limited (21%) with a registered capital of 1 billion baht.