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Araya Land bullish following strong sales
Bangkok Post
|April 25, 2025
Araya Land Development is predicting a positive business outlook following its entry into the industrial estate business and the subsequent sale of half of its industrial land to foreign investors.
The sales figure was revealed by the Industrial Estate Authority of Thailand (IEAT), which yesterday signed a memorandum of understanding with Araya Land Development to jointly develop “Araya — The Eastern Gateway”, the company’s new industrial complex.
The complex is currently under construction and is expected to serve as an “industrial-tech ecosystem” that comprises a mix of technology-driven businesses, including data centres, advanced manufacturing and R&D, an industrial estate, a logistics park, lifestyle amenities and residential areas.
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