Questions around this news
Where is the new distribution centre being developed?
The project comprises two buildings within Frasers Property Logistics Park (Bangna 2), in a Free Zone area on Bangna-Trat Road in Chachoengsao Province. The site is in Thailand’s Eastern Economic Corridor. The release says completion of the distribution centre is expected in November 2024.
What is a Free Zone warehouse?
A Free Zone warehouse is located in an area where customs rules may allow goods to be stored, handled, or processed under special procedures. Depending on local regulations, duties or taxes may be deferred while goods remain in the zone. The applicable rules and benefits vary by country and by the goods and activities involved.
What are New S-Curve industries?
The term generally refers to newer or emerging industries expected to create growth beyond established sectors. “S-curve” describes a pattern in which adoption or expansion starts slowly, accelerates as a market develops, and eventually levels off. Which industries are included depends on the country’s economic strategy; the term does not identify one fixed global list.
What does TREES assess in a building?
The release says the warehouse will adhere to Thai Rating of Energy and Environmental Sustainability standards and highlights recycled-content materials, low-VOC materials, and efficient energy management. In general, a building sustainability rating evaluates environmental performance using criteria such as energy and resource use, materials, and indoor environmental quality.
BANGKOK, June 20, 2024 -- Frasers Property (Thailand) Public Company Limited’s industrial business, together with Mitsui Fudosan Asia Development (Thailand) Company Limited, has announced an investment in the development of new distribution centres, including two buildings within the premises of Frasers Property Logistics Park (Bangna 2) in the Free Zone area on Bangna-Trat Road, km. 46, Bang Pakong District, Chachoengsao Province. This new project is strategically located within the Eastern Economic Corridor (EEC), aligning with Thailand’s strategic focus on industrial and logistics development to support the growth of new and rapidly expanding S-Curve industries.
The new Free Zone Warehouse spans over 25,000 square metres and can accommodate a weight capacity of three tonnes per square metre with a ceiling height of 10 metres. It integrates smart and sustainable design concepts of the Frasers Property Logistics Park project, which operates using intelligent systems and is the first in Thailand to be managed sustainably, meeting the demands of customers for high-quality warehouse facilities. This warehouse offers flexible and diverse usage options along with comprehensive service solutions.
Moreover, it distinguishes itself by adhering to the Thai Rating of Energy and Environmental Sustainability (TREES) standards, emphasising the selection of construction materials with recycled content and low volatile organic compounds (VOCs), as well as efficient energy management practices to minimise environmental impact. Completion of this distribution centre is expected in November 2024.
From left to right:
- Mr. Peerapat Srisukont, Acting Chief Executive Officer of Industrial Business, Frasers Property (Thailand) Public Co.,Ltd
- Mr. Chainoi Puankosoom, Chairman of the Board, Frasers Property (Thailand) Public Co.,Ltd
- Mr. Shigeki Komi, Managing Director of Mitsui Fudosan Asia Development (Thailand) Co., Ltd.
- Mr. Kojiro Oki, Director of Mitsui Fudosan Asia Development (Thailand) Co., Ltd.
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At a glance
- Company
- Frasers Property (Thailand) Public Company Limited
- Announcement
- Expansion
- Location
- Bang Pakong District, Chachoengsao Province, Thailand
Key figures
- Warehouse area
- over 25,000 square metres
- Weight capacity
- three tonnes per square metre
- Ceiling height
- 10 metres
- Expected completion
- November 2024
People
- Peerapat SrisukontActing Chief Executive Officer of Industrial Business, Frasers Property (Thailand) Public Co., Ltd.
- Chainoi PuankosoomChairman of the Board, Frasers Property (Thailand) Public Co., Ltd.
- Shigeki KomiManaging Director, Mitsui Fudosan Asia Development (Thailand) Co., Ltd.
- Kojiro OkiDirector, Mitsui Fudosan Asia Development (Thailand) Co., Ltd.
Products and programs
Earlier from Frasers Property (Thailand) Public Company Limited
- Frasers Property Thailand’s Silom Edge attains globally recognised Fitwel Certification
- Frasers Property Thailand partners with Social Value Thailand to promote SROI, advocating for social impact assessments and sustainable contributions in the country’s business sector
- Frasers Property Thailand’s office buildings recognised for Grade-A standards, winning two Application Excellence Awards that enhance seamless service delivery, ‘Silom Edge’ mix-used project highlighted as a pioneer of modern services
- Frasers Property Thailand and Sri Trang Group join forces to host a mobile blood donation unit at Park Ventures, rallying blood donations for the Thai Red Cross Society
- Frasers Property Thailand to implement Asset Enhancement Initiative (AEI) for Sathorn Square and Park Ventures Grade A offices, addressing business office oversupply pressure
