Ho Chi Minh City, Vietnam – On the afternoon of November 3, 2025, at the headquarters of the Ho Chi Minh City People’s Committee (HCMC PC), the AMATA Group continued to strengthen its strategic relationship with the local government during a formal reception hosted by the Chairman of the HCMC PC, Mr. Nguyen Van Duoc. The working session was attended by the Ambassador of the Kingdom of Thailand to Vietnam, H.E. Urawadee Sriphiromya, along with a high-level delegation from the AMATA Group.
Image: Chairman of HCMC PC Nguyen Van Duoc receiving H.E. Urawadee Sriphiromya, Ambassador of the Kingdom of Thailand to Vietnam, and the AMATA Group delegation (Source: Tuoi Tre Newspaper)
Speaking at the meeting, Thai Ambassador H.E. Urawadee Sriphiromya affirmed the strong desire to contribute to the friendly and economic bilateral relationship between Thailand and Vietnam, particularly as the two nations recently elevated their ties to a Comprehensive Strategic Partnership. The Ambassador expressed confidence that, given its pivotal role and vision, HCMC will continue to be a prime destination for significant investment capital from leading Thai corporations, including the AMATA Group.
The representative of AMATA in Vietnam, Mrs. Somhatai Panichewa, CEO of AMATA VN PCL., shared the Group’s strategic direction and strong commitment to future expansion in Vietnam.
Mrs. Somhatai Panichewa announced: “AMATA is committed to investing approximately $1.5 billion USD in Vietnam in the coming period, with the majority of this capital earmarked for the development of industrial parks, specifically high-tech and logistics projects.”
Image: Ms. Somhatai Panichewa, CEO of AMATA VN PCL. speaking (right) – Source: Tuoi Tre Newspaper
Delving into the expansion strategy, AMATA expressed its intent to develop an Industrial-Urban-Service Park project in Chau Duc district, the area of the former Ba Ria – Vung Tau province (now part of Greater HCMC), with a minimum total investment of $180 million USD.
Mr. Thai Hoang Nam, General Director of Amata City Long Thanh Joint Stock Company, elaborated on the strategic plan:
“This project will target high-tech and logistics industries, developed under the Smart Industrial-Urban model. AMATA has partnered with a Japanese consultancy firm to study feasibility and master planning, and we highly anticipate receiving support from the HCMC government in investment promotion, connectivity, and completing investment procedures.
In response to the Ambassador and the enterprise representatives, Chairman of the HCMC PC, Mr. Nguyen Van Duoc, acknowledged the effective operations and significant contributions of Thai businesses in Vietnam and HCMC. He emphasized that Thailand is a major investor in Vietnam, with effective operations in key sectors such as industry, commerce, tourism, and aviation. The city is committed to fostering cooperation and supporting enterprises, ensuring favorable conditions regarding procedures, infrastructure, and connectivity.
HCMC leadership assessed AMATA’s project as fitting the region’s industrial and logistics development orientation, and subsequently assigned the Department of Finance as the focal point to coordinate and guide AMATA in working with relevant agencies to review planning and finalize necessary documents.
We welcome businesses to invest and operate in HCMC. We wish you success and a win-win partnership with the city; we are always ready to accompany you,” Mr. Duoc affirmed. He expressed confidence that, given AMATA’s expertise and capacity in developing modern industrial and urban complexes, this project will contribute to fostering regional linkage and creating momentum for Southern economic development.
Image: (Left) Mr. Vikrom Kromadit, Chairman of the AMATA Group, shaking hands with Mr. Nguyen Van Duoc, Chairman of HCMC PC (Source: Tuoi Tre Newspaper)
Image: High-level leaders of AMATA taking a souvenir photo with the Chairman of HCMC PC and the Ambassador of the Kingdom of Thailand to Vietnam (Source: Tuoi Tre Newspaper)
The working session not only consolidated the cooperative relationship but also opened up significant opportunities for AMATA to implement large-scale projects, aligning with the Group’s strategy for sustainable and smart development, thereby contributing to the overall growth of HCMC and the Southern region. The AMATA Group commits to continue being a reliable partner, bringing world-class industrial and urban solutions to Vietnam.
