Thailand woos rubber investors - report
26 Jan 2016 by Evoluted New Media
Bangkok - The Thai government aims to attract $10 billion (€9.2 billion) worth of investments for the development of the “Rubber City” in the southern industrial estate of Hat Yai, 946 km south of Bangkok, according to the Star Online news website.
The initiative aims to develop Thailand’s rubber-processing industry, add value to rubber products and encourage employment, said the report.
The project will cover an area 364 hectares and be developed by government agency the Industrial Estate Authority of Thailand.