Singha estate secures major deal with global first tier HDI (High Density Interconnection) PCB maker Unitech PCB, signing agreement

Singha estate secures major deal with global first tier HDI (High Density Interconnection) PCB maker Unitech PCB, signing agreement for landmark PCB manufacturing facility at S Industrial Estate Angthong

Bhurit Bhirombhakdi Group Chief Executive Officer Boon Rawd Brewery Co., Ltd. and Mrs. Thitima Rungkwansiriroj, Chief Executive Officer of Singha Estate Public Company Limited, extended their congratulations to Mr. Pen-Tsao Chang, Founder of Unitech PCB (Thailand) Co., Ltd., during the groundbreaking ceremony of the company’s new facility. The ceremony took place at the S Industrial Estate Angthong, where Unitech PCB (Thailand) Co., Ltd., a leading global manufacturer of printed circuit boards, will establish its new base on a 56-rai plot to produce printed circuit boards for export worldwide. The event was attended by managements from Unitech PCB (Thailand) Co., Ltd., including, Mr. Lawrence Chang, Mr. Marin Huang, and Mr. Eric Chang, who welcomed guests, including Mr. Dissapol Yimklib, Representative of Industrial Estate Authority of Thailand (IEAT) and Mr. Komjohn Leepraphantkul, Managing Director of S Industrial Estate Co., Ltd.,   

On June 18, 2024, a land purchase agreement was finalized between S Industrial Estate Co., Ltd., an operator in the industrial estate and infrastructure sector and subsidiary of Singha Estate Public Company Limited, and Unitech PCB (Thailand) Co., Ltd., first tier HDI (High Density Interconnection) PCB maker globally. The agreement involves a 56-rai plot in the S Industrial Estate Angthong, aimed at expanding production capacity. This significant foreign investment highlights Thailand’s potential to enhance economic growth and reflects the high standards of eco-friendly industrial park management provided by Singha Estate, including advanced infrastructure and management approaches friendly to the environment, society, and community, to accommodate modern industry. The investment will position Thailand as a global hub for electronic component production, attract key industries such as PCB manufacturers and data centers, and foster connections with other related sectors within the ecosystem.

The signing ceremony was honored and witnessed by Mr. Swaek Prakitritanon, Vice President and Secretary of the Thai Printed Circuit Board Association. The event was led by Mrs.Thitima Rungkwansiriroj, Chief Executive Officer of Singha Estate Public Company Limited, and Mr.Komjohn Leepraphantkul, Managing Director of S Industrial Estate Co., Ltd., with Mr. Lawrence Chang, Chairman of Unitech PCB (Thailand) Co., Ltd., signing the agreement at SUNTOWERS, Bangkok.

Mrs. Thitima Rungkwansiriroj, Chief Executive Officer of Singha Estate Public Company Limited, said: “The S Industrial Estate Angthong, our first project in the industrial estate and infrastructure sector, is honored to have gained the trust of Unitech PCB, one of the world’s leading PCB manufacturers, for their new production facility. The S Industrial Estate Angthong is strategically located and features robust, environmentally friendly infrastructure that is well-suited to support our clients’ production needs and facilitate their compliance with global standards.”

She added: “Currently, investment in PCB and PCBA manufacturing in Thailand is on the rise due to various geopolitical factors prompting a shift of production to more stable countries, coupled with the rapid advancement in global demand for electronic devices and technology. Supported by government initiatives and Thailand’s inherent potential, an increasing number of companies are establishing their production bases in the country.

The acquisition of land at the strategically located S Industrial Estate Angthong reinforces Thailand’s position as an attractive destination for major industrial investors from around the world. Singha Estate is proud to contribute to positioning Thailand as a leading global hub for modern industrial manufacturing. This development will generate significant economic benefits for local communities and society at large, fostering economic growth and aligning with Singha Estate’s vision of being an ‘ENTRUSTED AND VALUE ENRICHER.’ We are dedicated to creating sustainable value for society, enhancing community quality of life, and preserving environmental integrity.”

Mr. Komjohn Leepraphantkul, Managing Director of S Industrial Estate Co., Ltd., expressed: “We extend our gratitude to Unitech PCB, a top global PCB manufacturer, for choosing the S Industrial Estate Angthong for their new production facility. This decision reaffirms our readiness and capability to serve as a premier production base, equipped with comprehensive resources and facilities. The S Industrial Estate Angthong is designed as an eco-industrial park, emphasizing environmental sustainability and community well-being. Our estate features highly efficient alternative energy sources, which reduce production costs and carbon emissions, and meets global manufacturing standards. Notably, we have three combined heat and power plants with a total capacity of 403 megawatts, a robust 22 KV and 115 KV power supply system that supports high and stable electricity needs, high-quality water with an ultrafiltration system producing up to 10,000 cubic meters per day, and a wastewater treatment system that handles 6,610.9 cubic meters per day. Additionally, we have two large wastewater retention ponds with a combined capacity of over 13,000 cubic meters, sludge management systems compliant with Ministry of Industry standards, a 5G telecommunications network, high-speed internet throughout the estate, and comprehensive fire safety measures, including fire hydrants available at all locations and coordination with Chaiyo District fire stations for safety drills and management. Importantly, we also provide a substantial workforce to meet our tenants’ needs.”

Mr. Lawrence Chang, Chairman of Unitech PCB (Thailand) Co., Ltd., stated: “We are honored to invest in the S Industrial Estate Angthong to establish our first PCB manufacturing facility in Thailand. This represents a significant advancement in our company’s growth. After extensive research and evaluation, we selected S Angthong due to its outstanding infrastructure and operational standards. The estate’s facilities, including water supply, electricity, and wastewater management systems, are fully prepared to support our business. Additionally, its convenient location, close to Bangkok, facilitates transportation and ensures long-term cost-efficiency. These factors made S Angthong the ideal choice for our new plant, and we are confident that this investment will effectively support our goal of exporting high-quality printed circuit boards to global markets.”

The S Industrial Estate Angthong covers 1,790 rai and is located along Asia Highway, Kilometer 63, Chai Phum Subdistrict, Chaiyo District, Angthong Province. The estate features a 35-meter-wide main road include sidewalk, enhancing transportation convenience. Furthermore, S Industrial Estate Angthong works in partnership with the Industrial Estate Authority of Thailand to provide comprehensive support services for businesses. We are dedicated to maintaining our infrastructure and utilities to international standards and contributing to the expansion of Thailand’s industrial estate sector.