Frasers Property (Thailand) Public Company Limited (“Frasers Property Thailand” or “FPT”) is expanding its Industrial Estate business through the establishment of Frasers Property Industrial Estate as a separate business unit under FPT, marking the next phase of FPT’s growth in the industrial sector.

Frasers Property Industrial Estate will oversee the management of the existing ARAYA – The Eastern Gateway project and a new industrial estate developments, further strengthening FPT’s integrated real estate platform and complementing its established industrial and commercial portfolios.

The move builds on FPT’s established capabilities in industrial and logistics development and supports its continued expansion into high-value industries, while connecting international businesses with investment opportunities in Thailand and the wider ASEAN region.

Frasers Property Industrial Estate will be led by Ms. Kamonkarn Kongkathong, Managing Director of Frasers Property Industrial Estate (Thailand) Company Limited.

Mr. Lim Hua Tiong, Chief Executive Officer of Frasers Property (Thailand) Public Company Limited, said, “The expansion of our Industrial Estate business marks an important step in the continued development of our industrial business, building on our proven experience and expertise in industrial and logistics development. The success of ARAYA – The Eastern Gateway which has attracted global customers from China, the United States, Europe, Japan and South Korea across future industries, demonstrates the strength of our platform and our ability to respond to the evolving needs of businesses and investors. This gives us confidence to further expand our industrial estate business and create new opportunities for sustainable growth.”

Ms. Kamonkarn Kongkathong, Managing Director of Frasers Property Industrial Estate (Thailand) Company Limited, said, “Frasers Property Industrial Estate aims to develop premium industrial estates designed to meet the needs of Industry 4.0 customers. Our industrial estate development will bring together thoughtfully designed utility infrastructure, a comprehensive ecosystem and aligned to ESG principles to create an environment that supports growth for our customers and surrounding communities. We are also developing a new estate in Chonburi which will be complimentary to the existing ARAYA – The Eastern Gateway, strengthening overall ecosystem and greater synergies across our portfolio.”

The new industrial estate in Chonburi will span over 2,244 rai in a strategic location within Thailand’s Eastern Economic Corridor (EEC), an area with strong potential for industrial and logistics development. Its location provides connectivity to key infrastructure and major manufacturing hubs across the Eastern region, supporting long-term investment and industrial growth.