DDX, AMATA & B.Grimm Sign Strategic Partnership to Develop AMATA European Smart City Project
![ddx signs a strategic partnership with Amata PLC and B. Grimm Power PLC](https://insights.ddxtransformation.com/hubfs/ddx%20-%20Amata%20-%20B%20Grimm%20-%20signing%201.jpeg)
Signing Ceremony with – Pawel Michalski (COO at DDX), Lena Ng (Chief Investment Officer, AMATA Corporation Public Company Limited), and Nopadej Karnasuta (Senior Executive Vice President, B. Grimm Power Public Company Limited)
Bangkok, Thailand – 9th July 2024 – Delta Dynamics Company Limited (DDX), AMATA Corporation Public Company Limited (Amata) and B.Grimm Power Public Company Limited (B.Grimm), are pleased to announce the signing of a strategic partnership aimed at developing the AMATA European Smart City project within the AMATA City Chonburi Industrial Estate.
The AMATA European Smart City project, which spans 200 rai, is set to become a hub for high-tech investment from European countries, integrating smart city concepts, high-tech industries, and industrial development. This initiative aims to attract foreign investors to Thailand's Eastern Economic Corridor (EEC), fostering economic growth and innovation in the region.
The Eastern Economic Corridor of Thailand presents a highly attractive investment opportunity for EU companies, offering a blend of economic incentives, robust infrastructure, skilled labour, technological readiness, and a commitment to sustainability and smart city development.
Combining a smart city with a high-tech development park in a single development offers numerous advantages, creating a synergistic environment that enhances innovation, sustainability, and economic growth.
Key Highlights of the Partnership:
- Strategic Vision: The partnership aims to create a high-tech investment space, leveraging the strengths of both AMATA's expertise in industrial estate management and B.Grimm's sustainable energy solutions. This is supported by DDX’s local and international smart city development and deployment experience.
- Economic Growth: The project will support the local economy by creating job opportunities and promoting sustainable development practices.
- Global Collaboration: By targeting European investors, the project will strengthen international ties and encourage global investment in Thailand's high-tech sectors.