Industrial Estate Authority of Thailand ties up with AIT

General News Monday February 8, 2016 15:08 —PRESS RELEASE LOCAL

Bangkok--8 Feb--Asian Institute of Technology Thailand state enterprise Industrial Estate Authority of Thailand (I-EA-T) has entered into a multi-facetted three-year partnership with the Asian Institute of Technology (AIT), signing a memorandum of understanding on cooperation for the authority's new Excellence Center. At the launch of Excellence Center in Bangkok on 4 February 2016, I-EA-T and AIT agreed to work together to strengthen industrial development and economic growth of industrial estates around the country. Under a memorandum of understanding signed by I-EA-T Governor Dr. Verapong Chaiperm and AIT President Prof. Worsak Kanok-Nukulchai, both sides agreed to coordinate to enhance industrial developer training, promote business and industrial investment and to generate business networks to strengthen the potential of investors of both parties with the implementation of the ASEAN Economic Community. As AIT is an international postgraduate institute, I-EA-T aims to consolidate its knowledge management, in particular human resource development related to sustainable industrial development, regional special economic zones, and promotion of smart and green estates. The deal is expected to underscore I-EA-T's drive to be one of the top three organizations in developing and administering industrial estates in Southeast Asia through its "ASEAN TOP 3" strategic excellence campaign. "We do hope that with a partner like AIT, we will use technology for administration more effectively to benefit the estate industry not only in Thailand but also in ASEAN and in Asia," Governor Dr. Verapong said. Operating under the Ministry of Industry, currently I-EA-T operates and jointly operates 16 industrial estates in 16 provinces. It is charged to create and organized industrial estates, grouping together industries in a synergistic manner. Dr. Verapong said: "The science of industrial estates is the science of specific knowledge, which we need to maintain for the benefit of the country and progress of the region, in order to create sustainable industry according to the principle of sustainable development." AIT President Worsak noted the significance of his international higher education institute aligning itself with and organization mandated to develop industry in Thailand. "We would like both partners to benefit from science and technology and to do research that will be in-line with I-EA-T's strategic plan for achieving excellence nationally and across ASEAN." Photo caption: AIT President, Prof. Worsak Kanok-Nukulchai, left, is seen with I-EA-T Governor Dr. Verapong Chaiperm.

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