Amata VN Invests THB 4.5 Billion in High-Tech Industrial Park in Vietnam

Amata VN Announces THB 4.5 Billion for High-Tech Industry in Vietnam

Image Credits: Kaohoonin Ternational

Amata VN Public Company Limited announced that they have reached an agreement with officials of Phu Tho Provincial People’s Committee to advance cooperation on the investment under the Memorandum of Understanding (MOU) signed in May 2025. The agreement includes the Industrial Park project - Amata City Phu Tho- Hung King.

Phase 1 of the project includes the development of 1875-3,125 rai area covered as a center for high-tech industry. The company believes that the project will help in driving foreign and local capital, helping them to become an economic driver for the region’s growth.

Dang Xuan Phong, Secretary of Phu Tho Party Committee, noted that the province is one of the fastest-growing localities with an increasingly attractive business environment. “The province will facilitate investment procedures, swiftly approve investment policies, and issue investment registration certificates. Additionally, Phu Tho will support Amata in resolving land clearance issues and enticing investment projects,” said Phong.

AMATAV has an investment contribution in Vietnam for more than 30 years, which is still helping them to expand their footprint in industries like telecommunications, electronics, semiconductors, Artificial Intelligence (AI), and many more. They also presented the 1:2000 master plan for the project and are expecting the investment registration certificate by next month (October 2025). This all came after the company delegation had a meeting with Mr Trang Duy Dong, the deputy secretary and Chairman of Phu Tho Provincial People’s Committee.

Duy Dong emphasizes receiving the investment certification, where the office has already been assigned the work to complete the plan as soon as possible.