Bangkok: The Industrial Estate Authority of Thailand (IEAT) and the Electricity Generating Authority of Thailand (EGAT) are advancing a study focused on developing green industrial estates to embrace the "Green Transition". This initiative aims to support Thailand's Net Zero carbon neutrality goals and attract investment.
According to Thai News Agency, the IEAT and EGAT have signed a Memorandum of Understanding (MOU) to explore the development of these estates, marking a significant step towards sustainable growth in the Thai industrial sector. The signing ceremony was overseen by Mr. Roengrit Kusolkambot, Deputy Governor of IEAT, and Mr. Thawatchai Samranwanich, Deputy Governor for Strategy at EGAT, with Mr. Sumet Tangprasert, IEAT Governor, witnessing the event.
Mr. Rungrit emphasized IEAT's commitment to leveraging its experience to drive the country towards a new industrial economy. This collaboration is poised to enhance industrial development through clean energy management and integrated waste management. The initiative is aligned with IEAT's corporate plan to foster an investment-friendly ecosystem and promote environmentally friendly industries. The goal is to explore models and approaches for industrial development in preparation for a green economy transition, in line with Thailand's Net Zero goal and the "Clean, Convenient, and Transparent" policy of Industry Minister Mr. Ekanat Promphan.
Mr. Thawatchai highlighted that the collaboration with IEAT will prepare Thailand's industrial sector for sustainable growth. By combining strengths, EGAT and IEAT aim to develop models for industrial estates supporting the green transition, elevating industries with technology and innovation for clean energy production. This includes solar power, energy storage, and intelligent management systems, which will enhance industry potential and competitiveness, reduce carbon emissions, and promote circular industries like electronic waste management.
This partnership will focus on exploring high-value industries utilizing technology and innovation, such as low-carbon industries for clean energy management and circular economy industries for managing electric vehicle batteries and electronic waste. The MOU, valid for three years, will see the establishment of a joint working group to achieve the set objectives.
The collaboration is structured in three phases: Phase 1 involves a pre-feasibility study of the project design concept. Phase 2 will conduct a detailed feasibility study if the initial phase is successful. Phase 3 involves negotiating a cooperation model for investment if the study results are favorable.