CG Corporation Company Limited
CG Corporation Company Limited is a Thai-Chinese joint venture between C.P. Land (Charoen Pokphand Group) and Guangxi Construction Engineering Group that develops and operates the 3,068 Rai CPGC Industrial Estate in Thailand's EEC, selling and leasing industrial land with integrated utilities to Chinese and international manufacturers in EV, electronics, medical, digital, and food sectors.
- Company typePrivate
- Founded-
- HeadquartersBangkok, Thailand
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CG Corporation Company Limited does
CG Corporation Company Limited is a Thai-Chinese joint venture established in 2018 between C.P. Land Public Company Limited, a property subsidiary of the Charoen Pokphand Group, and Guangxi Construction Engineering Group, a state-owned construction enterprise from Nanning, China. The company develops and operates the CPGC Industrial Estate, a 3,068 Rai (1,212.76-acre) master-planned industrial park located in Rayong Province within Thailand's Eastern Economic Corridor (EEC), co-operated with the Industrial Estate Authority of Thailand (I-EA-T). The estate is designated an EEC Special Economic Zone with BOI investment incentives of up to 12 years of corporate income tax exemption for targeted S-curve and new S-curve industries (next-generation automotive/EV, smart electronics, medical, digital, and food processing), and is supported by China's Belt & Road Initiative and Thailand 4.0 frameworks.
The core product is shovel-ready industrial land sold or leased to manufacturing investors, supported by an integrated utility stack of two 115/22 kV substations (120 MVA each), 14,000 cu.m./day water capacity, steam supply from a SPP, three PTT natural gas lines, fiber-optic telecom, and wastewater treatment to I-EA-T standards. Recurring revenue is generated from utility billing, long-term land rentals, ready-built factory and warehouse occupancy, and an adjacent commercial ecosystem covering hospital, condominium, school, retail mall, and townhome developments within 112 Rai of commercial area. A separate technology layer — True Business 5G and IoT-based monitoring covering Smart Water, Smart Energy, Smart Mobility, Cloud Digital Server, and Big Data — differentiates the estate as a smart, environmentally managed industrial park.
Revenue mechanics combine one-time land sale gains with recurring utility and rental income. Named tenants are predominantly Chinese manufacturers relocating under BRI, including Midea Group (100,000 sqm refrigerator base), Linkfair, Estival/Huali Floors (first investor), Winmore Eco Materials, Joyful Living, Signcomplex, Meitu Industry, Golden Home, and Yangzhou Fuming. Land sales range from 93,085 sqm (Winmore) to 100,000 sqm (Midea), with confirmed deals predominantly executed in 2023 and the first half of 2024. The company has 31 disclosed employees across its Bangkok headquarters and Rayong operations site.
CG Corporation Company Limited firmographics
Firmographics- Name
- CG Corporation Company Limited
- Legal name
- CG Corporation Company Limited
- Website
- https://cg-corp.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CG Corporation Company Limited is a Thai-Chinese joint venture between C.P. Land (Charoen Pokphand Group) and Guangxi Construction Engineering Group that develops and operates the 3,068 Rai CPGC Industrial Estate in Thailand's EEC, selling and leasing industrial land with integrated utilities to Chinese and international manufacturers in EV, electronics, medical, digital, and food sectors.
- Ownership category
- akta.pro rank
CG Corporation Company Limited industry classification
Industry- Product category
- Industrial Real Estate Development
- NAICS
- Management of Companies and Enterprises (55111)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Manufacturing & Heavy Industrial Facilities Brokerage (BPAJACAB)
- akta.pro secondary industries
- Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ), C&I Natural Gas Supply & Procurement (EUAGAGAE)
Keywords
Where CG Corporation Company Limited is headquartered
LocationHeadquarters
- HQ city
- Bangkok
- HQ country
- Thailand
- HQ region
- Asia
Offices2 records
Markets served
CG Corporation Company Limited business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D
Revenue model
- Industrial Land Sales: CG Corporation sells industrial land to manufacturing companies establishing factories in CPGC Industrial Estate. Land plots are sold directly to investors with pricing based on location, size, and development readiness.
- Industrial Land Rental: Long-term land leasing options for investors who prefer not to purchase land outright in the industrial estate.
- Ready-Built Factory and Warehouse: Pre-built factory and warehouse facilities available for immediate occupation by manufacturing tenants.
- Utility Services: Supply of electricity, water, steam, natural gas, and other utilities to tenants within the industrial estate.
- Commercial Area Services: Commercial facilities and services supporting the industrial estate ecosystem including residential, retail, and hospitality for workers and executives.
Go-to-market motion1 record
Distribution channels6 records
Marketing channels6 records
CG Corporation Company Limited product offering
Product offeringCore offering
CG Corporation develops and operates CPGC Industrial Estate, a 3,068-Rai industrial park in Rayong Province within Thailand's Eastern Economic Corridor (EEC). The company sells and leases industrial land, supplies ready-built factories and warehouses, and delivers utility services (electricity, water, steam, natural gas, telecom) and commercial facilities (hospital, residential, retail) to manufacturing tenants operating in S-Curve and New S-Curve industries.
Product overview
CG Corporation Company Limited operates as an industrial estate developer and operator, offering the CPGC Industrial Estate as its primary product—a large-scale industrial development project in Rayong Province, Thailand within the EEC zone. The company's portfolio includes industrial land parcels for sale and rent, ready-built factory options, and warehouse facilities. The integrated offering encompasses utility management services (electricity, water, steam, gas, telecommunications, wastewater treatment), road infrastructure, and commercial support facilities (hospital, school, residential, and retail services) within the estate. The estate is positioned as a smart eco-friendly industrial park supporting targeted industries including automotive/EV, smart electronics, medical hub, digital, and food processing sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- CPGC Industrial Estate Integrated industrial park development located in Rayong Province within Thailand's Eastern Economic Corridor (EEC), co-operated with the Industrial Estate Authority of Thailand (I-EA-T). Provides 3,068-Rai total project area combining industrial land, ready-built factories, warehouses, utility infrastructure, and commercial support facilities for manufacturing tenants.
- Industrial Land for Sale or Lease
Quantifiable outcome
- CIT incentives up to 12 years for targeted industries
- +1 more outcomes
Companies that use CG Corporation Company Limited
Customer profileNamed customers8 records
Segments5 records
Ideal customer profiles3 records
CG Corporation Company Limited technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
CG Corporation Company Limited partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core, minor and major.
- East Water (Eastern Water Resources Development and Management Public Company Limited)coreRaw water purchase agreement signed to ensure stable water supply for the industrial estate. East Water provides raw water, tap water, industrial water, wastewater treatment and water reuse services.
- Panyapiwat Institute of ManagementminorMoU for academic cooperation including job training, staff exchange, and educational development.
- CAS (Chinese Academy of Sciences)minorCooperation in exchanging and developing knowledge in innovation, science, and technology for medical industry enhancement. Includes CAS HIGH-TECH INDUSTRIAL ZONE development.
- C.P. Land Public Company LimitedcoreJoint venture partner and property developer with 7 business units: Office Building, Real Estate for Living, Hotel, Building Facility Management, Conference and Exhibition Center, Energy Management, and Industrial Estate. Subsidiary of Charoen Pokphand Group.
- Guangxi Construction Engineering GroupcoreLarge-scale infrastructure state-owned enterprise from Nanning, China. Joint venture partner for CPGC Industrial Estate development under China's Belt & Road Initiative.
- Industrial Estate Authority of Thailand (I-EA-T)coreGovernment authority overseeing industrial estate development. CPGC is co-operated with I-EA-T and is one of 31 Promotional Zones for EEC Industrial Target.
- True BusinessmajorPartnership to implement 5G technology and automated IoT system for utility management including Smart Water/Smart Energy, Smart Mobility, Cloud Digital Server, and Big Data.
Scale indicators8 records
Recent moves7 records
Expansion highlights5 records
CG Corporation Company Limited competitors and assessment
Company assessmentDirect peers
- WHA Industrial Development: Thailand's largest industrial estate developer with extensive EEC presence, similar ready-built factory and utility offerings, and a comparable S-Curve industry targeting strategy — the most direct competitor for foreign manufacturing FDI.
- Amata Corporation: Long-established Thai industrial estate developer with flagship Amata City Chonburi and Amata City Rayong projects in the EEC, offering land sales, rentals, and utility services to manufacturing tenants — directly comparable to CPGC.
- Frasers Property Industrial (Thailand): Singapore-listed industrial REIT operator with assets in Thailand including ready-built factories and warehouses for manufacturing and logistics tenants; comparable to CPGC's ready-built and warehouse offerings.
- Hemmaraj (Eastern Seaboard Industrial Estate): JWD Group subsidiary operating industrial estates in Rayong's EEC, focused on Japanese auto and electronics tenants; comparable industrial land sale/rent and utility service model.
- Rojana Industrial Park: Listed Thai industrial estate developer operating large parks in Rayong and Ayutthaya, with similar land sale/rent models, Japanese and Chinese auto-parts tenants, and utility service offerings.
Regional players
- Golden Land Property Development: Thai-listed property developer with industrial-adjacent commercial developments, useful for benchmarking mid-cap Thai developers' financing structures and tenant engagement models.
Emerging players
- Yongnam Holdings: Singapore-based structural steel and EPC firm active in industrial estate construction across Southeast Asia; comparable as a partner/vendor rather than direct competitor for industrial park developers.
Others
- Ascendas REIT (CapitaLand): Singapore industrial REIT with Thailand industrial/logistics assets; provides a useful valuation benchmark for industrial land recurring revenue streams similar to CPGC's utility and rental lines.
Broad incumbents
- Central Pattana (Industrial Estate arm): Thai conglomerate with diversified real estate operations including industrial-adjacent developments; serves as a broader-incumbent reference for Thai industrial/commercial real estate valuation.
- TTCL Public Company: Thai EPC contractor with adjacent industrial park development activity and stronger capital base; competes indirectly for industrial zone construction contracts and large infrastructure projects in the EEC.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
CG Corporation Company Limited social profiles
Digital presenceCG Corporation Company Limited compliance and trust
Trust signalCompliance1 record
CG Corporation Company Limited financial estimates
Financial estimateRevenue estimate
Valuation estimate
CG Corporation Company Limited leadership team
Management profileNumber of profiles
Profiles6 records
CG Corporation Company Limited funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CG Corporation Company Limited M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CG Corporation Company Limited
What does CG Corporation Company Limited do?
CG Corporation develops and operates CPGC Industrial Estate, a 3,068-Rai industrial park in Rayong Province within Thailand's Eastern Economic Corridor (EEC). The company sells and leases industrial land, supplies ready-built factories and warehouses, and delivers utility services (electricity, water, steam, natural gas, telecom) and commercial facilities (hospital, residential, retail) to manufacturing tenants operating in S-Curve and New S-Curve industries.
Is CG Corporation Company Limited a public or private company?
CG Corporation Company Limited is a private company. It is classified as corporate owned and is currently operating.
When was CG Corporation Company Limited founded?
CG Corporation Company Limited was founded in -1. It employs 11 to 50 people.
Where is CG Corporation Company Limited based?
CG Corporation Company Limited is headquartered in Bangkok, Thailand, in the Asia region.
How does CG Corporation Company Limited make money?
Five revenue lines are on record. Industrial Land Sales are the primary driver. The others are industrial Land Rental, ready-Built Factory and Warehouse, utility Services and commercial Area Services.
Who are CG Corporation Company Limited's main competitors?
Direct peers on record are WHA Industrial Development, Amata Corporation, Frasers Property Industrial (Thailand), Hemmaraj (Eastern Seaboard Industrial Estate) and Rojana Industrial Park. Golden Land Property Development is listed as a regional player. Yongnam Holdings is listed as an emerging player. Ascendas REIT (CapitaLand) is listed as an others. Broad incumbents are Central Pattana (Industrial Estate arm) and TTCL Public Company.
Does CG Corporation Company Limited have an API?
No public API is recorded for CG Corporation Company Limited.
What industry is CG Corporation Company Limited in?
CG Corporation Company Limited's product category is Industrial Real Estate Development. Its primary akta.pro industry code is BPAJACAB, Manufacturing & Heavy Industrial Facilities Brokerage, with a secondary code of IMAFALAJ, Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging). Its NAICS code is 55111 and its SIC code is 1540.