Thai Dongbu Steel Signs Land Purchase Contract with Hemaraj

Real Estate Press Releases Tuesday August 9, 2011 17:22
Bangkok--9 Aug--BrandComm Consultants

Thai Dongbu Steel Co., Ltd. – a subsidiary of South Korea’s Dongbu Steel Co., Ltd. – recently signed a contract with Hemaraj Land And Development Plc., to buy 40 rai of land for its new plant at Eastern Seaboard Industrial Estate (Rayong). A leading manufacturer of steel products, Thai Dongbu Steel will produce various steel products and PCM line for supplying to world’s leading home appliances manufacturer such as LG. The new plant is expected to start a full operation in December 2012 with a capacity of 80,000 metric tons per year.

Mr. Vivat Jiratikarnsakul (center left), Executive Vice President of Hemaraj Land And Development Plc., exchanges the contract with Mr. Chan-Il Jung, General Manager of Thai Dongbu Steel Co., Ltd., while Mr. Soon Young Ku (2nd from right), Business Development Manager of Thai Dongbu Steel and executives from both companies look on.


Latest Press Release

Demand for Serviced Apartments in Bangkok Unchanged

Demand for serviced apartments in 2013 remained unchanged in most areas of Bangkok despite the political turmoil, according to CBRE Thailand, an international real estate advisor. The average occupancy rate for the whole year of 2013 stood at 81%, a...

Photo Release: Hemaraj Welcomes EGAT Delegation on ESIE Tour

Hemaraj Land And Development Plc. recently welcomed a group of executives from Electricity Generating Authority of Thailand (EGAT), who visited Eastern Seaboard Industrial Estate (Rayong) to explore Hemaraj’s world-class industrial estate and study...

Magnolia brings Chinas leading property developer Greenland Group to Thailand with groundbreaking investment

- Magnolia Quality Development Corporation, aims to strengthen position as Thailand’s premier luxury property developer by partnering with Greenland Group, one of China’s largest real estate companies and Charoen Pokphand Group (CP...

Central Group invests 18 billion baht launching the luxury project Central Embassy

Central Group invests 18 billion baht launching the luxury project “Central Embassy”an iconic retail landmark of Asia to turn a new chapter in luxury retailtargets to boost Thailand to the city of World-Class shopping destination Central...

TIAA Henderson Real Estate Launched Yesterday

-- TIAA-CREF & Henderson Global Investors combine European and Asian real estate businesses to form leading real estate venture -- Creates world class, global real estate investment manager -- Provides clients with new investment opportunities and...

Related Topics