Economy
Frasers Property Thailand Launches Industrial Estate Division in EEC
Frasers Property (Thailand) has established a new industrial estate business unit to develop over 2,000 rai of land within the Eastern Economic Corridor (EEC).
According to a report by Khaosod Online Thailand on September 22, 2026, Frasers Property (Thailand) Public Company Limited has announced the formation of a new business unit, 'Frasers Property Industrial Estate.' This strategic move is designed to capitalize on future investment trends and support the growth of high-value industries in Thailand.
The company plans to develop more than 2,000 rai of land located within the Eastern Economic Corridor (EEC). This new division will oversee the management of the 'ARAYA – The Eastern Gateway' project and spearhead the development of new industrial estates and industrial cities. According to CEO Lim Hua Tiong, the initiative aims to leverage the company’s existing real estate expertise to foster sustainable industrial growth.
For residents and expatriates, this development signals a significant expansion of industrial infrastructure in the eastern region, which may lead to increased job creation and regional economic activity. While the company has confirmed the establishment of the new unit and the scale of the land development, specific timelines for the completion of these new industrial estates and the types of high-value industries they intend to attract remain to be confirmed. Further details regarding the project's environmental impact assessments and infrastructure integration are expected to be released as the development progresses.