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Thai developer bets on digitization and China's 'Belt and Road'

Amata stays focused on Southeast Asia as it aims to cure COVID-related ills

Amata's chief marketing officer, Viboon Kromadit: "COVID-19 is a key factor, driving us onto the digital platform." (Photo courtesy of Amata)

BANGKOK -- Thailand's largest industrial estate developer is restructuring its investments to align with the country's rapidly changing business landscape amid the coronavirus pandemic.

Amata has decided to revise its business plan to invest 5 billion baht ($160 million) over five years to 2023 in Thailand and Vietnam, while gearing up for a post-COVID rebound in the economy.

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