TPARK announces official opening of its TPARK Laemchabang 2 Site

General Press Releases Wednesday July 3, 2013 15:39
Bangkok--3 Jul--BrandComm Consultants
An expansion of TPARK Laemchabang 1, the new site covers a total land area of 500 rai.
With 4.2 billion baht investment, a total of 230,000 sq m. warehouses for leasewill be developed and expected to be completed in 2 yearsfor serving industry expansion in the Eastern region.

TPARK or TICON Logistics Park Co.,Ltd., the leading logistics warehouses and facilities developer for lease in Thailand, officially organizes a Grand Opening Ceremony of its new Logistics Park entitled "TPARK Laemchabang 2" strategically located on Highway no 7, Chonburi Province, 8 kilometers from Laemchabang Deep Sea Port .

Mr. PatanSomburanasin, General Manager of TPARK or TICON Logistics Park Co.,Ltd. discloses, "Following the great success of TPARK Laemchabang 1 which is now fully occupied, TPARK realizes the potential of the location on Highway no. 7 which is strategically suitable for logistics and distribution center. The area also has high potential for industrial expansion of various sectors such as Automotive, Electronics, Logistics, and Imports& Exports industries which will require a large number of Ready-Built warehouses. TPARK therefore decided to develop "TPARK Laemchabang 2" on a 500 rai of land which will serve as a distribution hub and facilitate the increasing demand from the Imports & Exports sector. With an investment of approximately 4.2 billion baht we plan to complete the project within 2015 with a total space of 230,000 square meters of warehouses for lease."

The key success factor of the project is the location on Highway no.7, Chonburi province which is strategically situated only 8 kilometers from Laemchabang Deep Sea Port. The site is also surrounded by a number of major industrial estates such as Laemchabang Industrial Estate, Pinthong Industrial Estate, Hemaraj Eastern Industrial Estate, Amata Nakorn Industrial Estate, etc.,. All these superior advantages make TPARK Laemchabang 2 an ideal distribution center for Imports & Exports industries as well as serving the growing industrial expansion in the Eastern region.

Another key success factor is TPARK's high-quality Ready-Built Warehouses (RBW). TPRAK's RBW are developed in advance and ready to respond to customers' demands. Customers can select the size of warehouse that fits their requirements and can move in to immediately start operation. TPARK's RBW are designed to suit various functions of different industries. Construction quality is the utmost important factor and has to meet international standard. Comprehensive facilities including international standard infrastructure and utilities are also provided at each TPARK Logistics Park. General Zone and Fee Zone are also available to provide maximum benefits to customers. TPARK's professional team is stationed at each site ready to provide personalized service to all customers.

"TPARK Laemchabang 2 comprises high quality Ready-Built Warehouses with a total space between 1,500 to 22,500 sq. m. in both Free Zone and General Zone. The potential customers include Logistics Provider, Imports & Exports, Automotive, Electronics and Consumer industries. Currently, there are customers who have already moved in and started operation in the project. More customers continue to visit the site due to Laemchabang's strategic location for logistics management of various industries in the Eastern region.

When the ASEAN Economics Community (AEC) becomes effective in 2015, TPARK foresees that Thailand will continue to be the most attractive country for investment, thanks to its strategic location and strong financial fundamentals. Investment in industrial sector especially from overseas will continue to increase, resulting in increasing demands for warehouses. TPARK is therefore confident that TPARK Laemchabang 2 will be well successful as TPARK Laemchabang 1, if not more," concluded Mr. Patan.

About TPARK

TPARK - TICON Logistics Park Co.,Ltd. was established in August 2005 and currently has paid-up capital of 2.5 billion baht. A subsidiary of TICON or TICON Industrial Connection PCL, Thailand's leading provider of serviced rental factories, TPARK is the first Logistics Park Company in Thailand which received BOI's approval for full-scale logistics park development. TPARK's products include Ready-Built (RBW) and Built-to-Suit (BTS) logistics warehouses for lease. Site facilities include high-standard infrastructure and systems to respond to the needs of the logistics industry.

TPARK now has 23 logistics parks in strategic locations covering a total land area of 4,000 rai and total space of leased warehouses of 550,000 square meters. With a number of ready-built warehouses already available for lease and more under development this year, TPARK will have a total warehouse space for lease of 950,000 square meters by the end of 2013. TPARK's customers totals 85 representing key industries such as automotive, electrical & electronics, logistics provider, consumer products and retail business, etc.

For more information, Please contact
BrandComm Consultants Co.,Ltd.
Ms.Vilaiporn Su-angkha / Ms.KornnikaBeranonda
Tel. 02-3146877-9 Fax.02-3188847
www.ticon.co.th

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