Hemaraj Seals Second Land Deal with Siam Yamato Steel (SYS) New distribution center to be built on 77-rai plot of land at Hemaraj ESIE 2

Real Estate Press Releases Thursday September 28, 2017 16:37
Bangkok--28 Sep--Francom asia

Hemaraj Land And Development PLC., a public company under WHA Corporation PCL, and Thailand's leading developer of Industrial Estates, has announced the signing of a land purchase agreement with Siam Yamato Steel Co., Ltd. (SYS) for a 77-rai plot in Hemaraj Eastern Seaboard Industrial Estate 2 (Hemaraj ESIE 2), located in Chonburi. Siam Yamato Steel, the manufacturer of hot-rolled structural steel and sheet-pile for the construction industry.

This new land acquisition at Hemaraj ESIE 2 will enable SYS to establish a new distribution center for its domestic and export markets. It will be the company's 2nd facility within a Hemaraj industrial estate, in addition to its plant opened in 2010 at Hemaraj Eastern Industrial Estate (HEIE) in Map Ta Phut. Thanks to Hemaraj ESIE 2's strategic location, the future distribution center will enhance SYS's capacity to better answer the changing requirements of its customers.

"We are honored to have been selected once again by Siam Yamato Steel and we welcome this latest addition to the Hemaraj community," said Mr. David Nardone, Group Executive Industrial and International. "Hemaraj ESIE 2's world-class facilities, with excellent infrastructure, solid soil 120 meters above sea level and strategic location make it the ideal choice for SYS to expand its operations."

"This land purchase at Hemaraj ESIE 2 is a significant step in our company's development," added Mr. Jaydsada Plungmanee, SYS Managing Director. "Hemaraj ESIE 2 represents a great location in terms of logistics and transportation near customer, convenient infrastructure so we can continue delivering our products to customers in Thailand and overseas. Moreover, with the development of Thailand's Eastern Seaboard in Eastern Economic Corridor (EEC), we found the location of Hemaraj ESIE 2 is perfect to serve our requirements."

Ms. Jareeporn Jarukornsakul (center), Group CEO of WHA Corporation Pcl. and Mr. David Nardone (center left), Group Executive Industrial and International, Hemaraj Land And Development Plc. hand over the signed contract to Mr. Jaydsada Plungmanee (center right), SYS Managing Director, witnessed by Mr. Vivat Jiratikarnsakul (far left), Chief Operating Officer Industrial and International, Hemaraj Land And Development Plc and Mr. Somporn Kaewwiset (far right), SYS Administrative Manager.

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