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UNBELIEVABLE: Ieat plans to build 2 bcg estates | History Defined

IEAT BCG Veeris Ammarapala Industrial Estate Authority of Thailand Lamphun Rayong

The Industrial Estate Authority of Thailand (IEAT) plans to build two new so-called "BCG industrial estates" in Rayong and Lamphun under a 3-billion-baht investment.

BCG stands for bio-, circular and green economic development, which promotes manufacturing that adds value to products and causes little or no impact on the environment.

The BCG industrial estates will specifically serve investors who are seeking new areas suitable for the electronics industry, said Veeris Ammarapala, governor of the IEAT.

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