LINE

    Text:AAAPrint
    Economy

    Holley Group's Chinatown in Thailand has green ambitions

    1
    2015-09-28 10:42China Daily Editor: Wang Fan
    A Thai worker in Holley Group's Thailand factory. Collectively, Chinese firms in the Rayong Industrial Zone have created more than 10,000 jobs for local people. (Photo provided to China Daily)

    A Thai worker in Holley Group's Thailand factory. Collectively, Chinese firms in the Rayong Industrial Zone have created more than 10,000 jobs for local people. (Photo provided to China Daily)

    Industrial zone near Bangkok contributes to the local economy by boosting tax coffers and job opportunities

    When you talks about Chinatowns, the first thing that comes to your mind is a place with high archways, picturesque shops, red lanterns, and streets full of Chinese people going about their daily lives.

    But 114 kilometers outside of Bangkok, the capital of Thailand, lies another Chinatown that is looking to establish China's green credentials in the global marketplace. At the Rayong Industrial Zone, there are no red lanterns or archways on display. Instead what greets visitors are expansive green lawns and sprawling factory buildings of several Chinese companies that make new-energy materials, automobile accessories and electronic gadgets.

    Unlike most of the industrial parks in China that are initiated by local governments, the Rayong Industrial Zone has been constructed by Holley Group, a private company from China, and its Thai partner Amata Group. Launched in July 2005, the industrial zone is now the main revenue generator for the Rayong region.

    Of the 66 companies that are slated to operate in the Rayong Industrial Zone, more than 40 have already started production. Collectively these firms have invested about $1.5 billion and created more than 10,000 jobs for local people.

    The output value of the zone has already reached $4.3 billion, while the amount paid as taxes has topped $70 million.

    Wang Licheng, chairman of Holley Group, said that the Rayong Industrial Zone is an ideal foreign platform for Chinese companies planning overseas expansion.

    "My understanding of going global is not dumping our products in overseas markets or using other countries' natural resources at very low costs," he said. "The right way is to encourage our manufacturers to invest in other countries, creating employment and tax income for local governments."

    Located in Hangzhou, capital city of Zhejiang province, Holley Group established its ammeter factory in Thailand in 2000, one of the first Chinese manufacturers to invest in the country.

    It took the firm two years to establish its presence in Thailand's mainstream market. Xu Genluo, president of the Rayong Industrial Zone, who was then in charge of the company's Thailand business, said the troubles and anxieties back then were beyond description.

    "We had taken a lot of detours during our overseas exploration. That gave us the idea of being a service provider for Chinese companies, especially private ones, who are also keen on tapping global markets," said Xu.

    In 2005, Holley Group signed agreements with Thailand's top industrial estate developer Amata Group to jointly construct the industrial zone.

    Only industry leaders and environmentally friendly companies were allowed to be a part of the industrial zone and it was christened as "green industrial Chinatown" by the local people, said Xu.

    "I enjoyed working with the Chinese partners and we are planning more such tie-ups in the future," said Vikrom Kromadit, chairman of Amata Group.

      

    Related news

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    Biz
    Economy
    Travel
    Travel News
    Travel Types
    Events
    Food
    Hotel
    Bar & Club
    Architecture
    Gallery
    Photo
    CNS Photo
    Video
    Video
    Learning Chinese
    Learn About China
    Social Chinese
    Business Chinese
    Buzz Words
    Bilingual
    Resources
    ECNS Wire
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2018 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 东方市| 乌恰县| 安庆市| 龙里县| 凤台县| 宝清县| 台东县| 高州市| 彰武县| 于田县| 阳新县| 丰都县| 临江市| 深水埗区| 明溪县| 桂林市| 罗平县| 天柱县| 溆浦县| 漳平市| 马边| 翁源县| 大邑县| 厦门市| 额敏县| 梁河县| 赤峰市| 湄潭县| 无为县| 曲松县| 滦南县| 拉孜县| 石家庄市| 施秉县| 伊宁县| 怀仁县| 榆树市| 安远县| 滁州市| 青岛市| 西丰县|