amata vn pcl

What amata vn pcl does

Amata VN Public Company Limited (SET ticker: AVN) is the Vietnam-dedicated listed entity of Thailand's Amata Corporation PCL, operating as an integrated industrial city developer with continuous operations in Vietnam since 1994 and a formal corporate history dating to its 2012 incorporation and 2015 listing on the Stock Exchange of Thailand. The company develops, leases, and manages 5 industrial parks and 3 townships spanning strategic North-to-South Vietnam locations: Amata City Bien Hoa (513 ha, Dong Nai, est. 1994), Amata City Long Thanh (410 ha high-tech, Dong Nai, est. 2015), Amata City Ha Long / Song Khoai (714 ha, Quang Ninh, est. 2018), Quang Tri Industrial Park (480 ha, est. 2021), and the newly launched Amata City Phu Tho / Doan Hung (475.67 ha, est. 2025-2026). The portfolio collectively represents over 3,415 developed hectares, hosts 220+ multinational tenants from 20+ countries, has attracted over US$6.7 billion in tenant investment, and supports 60,000+ jobs.

The core technical offering is an Eco-Industrial Park infrastructure stack: 110kV substations (189MVA and 126MVA), a 27,000 m³/day water treatment plant, a 16,000 m³/day ISO 14001:2015-certified wastewater treatment plant, telecommunications and internal road networks, and an emerging 227 MW solar rooftop program in partnership with Banpu NEXT and SolarBK. Amata City Bien Hoa has achieved an 86% compliance rate against the UNIDO Eco-Industrial Park framework, the highest in Vietnam, and Amata VN PCL has received SET ESG Ratings for six consecutive years. The company is now layering smart industrial park capabilities (IoT, data analytics, cloud, cybersecurity, AI for smart manufacturing, and ESG monitoring) onto this physical base through a strategic MOU with FPT.

Amata VN generates revenue through three principal streams: (1) one-time industrial land use right sublease transactions and recurring land lease ground rent, (2) built factory and warehouse leasing including specialized logistics facilities such as the JEIL cold-storage logistics center at Long Thanh, and (3) recurring utility services covering electricity, water supply, and wastewater treatment. Go-to-market relies on direct enterprise field sales to multinational corporations, government referrals from provincial People's Committees and Industrial Zones Authorities, and partnerships with international investment promotion networks and chambers of commerce. Pricing is quote-based and project-specific, with no public rate cards disclosed. Customer segments are anchored on foreign direct investors and high-tech manufacturers (electronics, semiconductors, clean technology), supplemented by logistics and supply chain operators.

Name

amata vn pcl

Legal name

Amata VN Public Company Limited

Website

https://amatavn.com

Company type

Public

Founded year

2012

Operating status

Operating

Short description

Amata VN PCL is a Thailand-listed (SET: AVN) industrial park and township developer operating 5 industrial parks and 3 townships across Vietnam, hosting 220+ multinational manufacturers from 20+ countries on 3,415+ developed hectares with integrated utilities, ESG-certified Eco-Industrial Park infrastructure, and over US$6.7 billion in tenant investment recruited.

Ownership category

akta.pro rank

Headquarters

HQ city

Bangkok

HQ country

Thailand

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Others

Revenue model

1. Industrial Land Lease: Revenue from subleasing land use rights to manufacturing and industrial companies establishing operations in Amata industrial parks
2. Factory and Warehouse Leasing: Revenue from leasing built factory and warehouse facilities to tenants, including specialized cold storage facilities
3. Utility Services: Revenue from providing electricity, water supply, and wastewater treatment services to tenants within industrial parks

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Amata VN PCL develops, leases, and operates integrated industrial parks and townships across Vietnam, providing industrial land sublease, ready-built factory and warehouse facilities (including cold storage), and recurring utility services such as power, water, wastewater treatment, and telecommunications to multinational manufacturers and foreign direct investors. The portfolio spans over 3,415 hectares across 5 industrial parks and 3 townships in strategic northern, central, and southern Vietnamese locations, hosting 220+ tenants from 20+ countries.

Product overview

Amata VN PCL operates as an integrated industrial city and smart industrial park developer in Vietnam, managing a portfolio of 8 projects comprising 5 industrial parks and 3 townships across strategic northern, central, and southern locations. The core product portfolio includes Amata City Bien Hoa (established 1994, 513 ha, Dong Nai), Amata City Long Thanh (established 2015, 410 ha, Dong Nai), Amata City Ha Long (established 2018, 714 ha, Quang Ninh), Amata City Phu Tho (established 2025, 475.67 ha, Phu Tho), and Quang Tri Industrial Park (established 2021, 480 ha). Supporting service offerings include smart industrial park digital solutions delivered via FPT partnership (IoT, AI, cloud, cybersecurity, energy monitoring), comprehensive utilities and infrastructure services (power substations, water/wastewater treatment, roads, telecoms), commercial and residential township development, solar rooftop energy solutions via Banpu NEXT/SolarBK partnership, and ESG/sustainability services under the 'ALL WIN' philosophy. The portfolio collectively spans over 3,415 hectares, hosts more than 220 multinational corporations, and has attracted over US$6.7 billion in registered investment capital.

Differentiator

Problem solved

Functional benefit

Brands

• Amata City Bien Hoa: Industrial park project established in 1994, covering 5.1km² in Dong Nai Province
• Amata City Long Thanh
• Amata City Ha Long
• Amata City Phu Tho
• Quang Tri Industrial Park

Products and services

• Amata City Bien Hoa Industrial Park (Long Binh Industrial Park) Flagship Amata VN industrial park in Dong Nai province established in 1994, covering 513 ha (5.1 km²) and hosting approximately 200 tenants with US$3.4+ billion in investment capital. Recognized as one of the Top 10 Sustainable Businesses in Vietnam.
• Amata City Long Thanh Industrial Park (Long Thanh High-Tech Industrial Park) First high-tech industrial park in Dong Nai province established in 2015, covering 410 ha (4.1 km²), attracting advanced technology manufacturers including Ryder Industries Vietnam (US$20M investment on 2.2 ha).
• Amata City Ha Long Industrial Park (Song Khoai Industrial Park) Amata's flagship northern Vietnam industrial park in Quang Ninh province established in 2018, covering 714 ha (7.14 km²). Hosts 21 FDI projects with nearly US$3 billion in investment, featuring 110kV substations, 27,000 m³/day water treatment plant, and 16,000 m³/day wastewater treatment plant.
• Amata City Phu Tho Industrial Park (Doan Hung Industrial Park) Newest Amata VN industrial park in Phu Tho province covering 475.67 ha with US$185 million investment. Officially launched at Thai Connect 2026. Phase 1 covers 239.43 ha (2025-2029). Targets advanced manufacturing, electronics, semiconductors, and clean technology industries.
• Quang Tri Industrial Park Amata VN industrial park in Quang Tri province established in 2021, covering 480 ha (4.8 km²), strengthening Vietnam's economic growth corridor in the central region.
• Factory and Warehouse Leasing (including ready-built factories and cold storage) Built factory and warehouse facilities leased to tenants within Amata industrial parks, including specialized cold storage (e.g., JEIL logistics center with 70% cold storage design at Amata City Long Thanh) and ready-built factory developments such as the CapitaLand Avatar Vietnam project at Song Khoai Industrial Park.
• Utilities and Infrastructure Services Recurring utility services to industrial park tenants including reliable clean water supply, advanced wastewater treatment (16,000 m³/day ISO 14001:2015 certified), electricity via 110kV substations (189MVA and 126MVA capacity), telecommunications networks, and internal road infrastructure.
• Smart Industrial Park Solutions and Digital Infrastructure Comprehensive smart industrial park services including IoT-enabled infrastructure management, real-time energy and resource management, data analytics centers, cloud solutions, cybersecurity, AI and automation for smart manufacturing, ESG monitoring platforms, and digital ecosystem development, delivered in partnership with FPT.
• Solar Rooftop Energy Solutions Solar rooftop project development for industrial park tenants in partnership with Banpu NEXT and SolarBK, targeting 227 MW capacity across Amata City Ha Long and Amata City Long Thanh, supporting tenant decarbonization and Vietnam's Net Zero 2050 ambition.
• Commercial and Residential Township Development Integrated commercial and residential township developments within Amata's industrial park ecosystem, including Amata Township Long Thanh, providing living and working environments that complement the industrial zones.

Quantifiable outcome

• 60,000+ jobs created for local communities
• +4 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature5 records

Partnerships

15 partnerships are on record, tiered strategic and core.

• Marubeni CorporationstrategicStrategic or Co-development Partner · 17 June 2026Strategic MOU signing at Thai Connect 2026 for Amata City Phu Tho project development and investment promotion.
• Nippon KoeistrategicStrategic or Co-development Partner · 17 June 2026Strategic MOU signing at Thai Connect 2026 for Amata City Phu Tho project development.
• Yokohama Urban Solution AlliancestrategicStrategic or Co-development Partner · 17 June 2026Strategic MOU signing at Thai Connect 2026 for smart industrial park development at Amata City Phu Tho.
• VinEnergostrategicStrategic or Co-development Partner · 17 June 2026Strategic MOU signing at Thai Connect 2026 for renewable energy development at Amata City Phu Tho.
• Winner Sky Property (JEIL)coreStrategic or Co-development Partner · 17 June 2026MOU with Amata VN for smart industrial park development. JEIL also invested US$41.3 million in logistics center project at Amata City Long Thanh with 70% cold storage design.
• Cao đẳng nghề Phú ThọstrategicStrategic or Co-development Partner · 17 June 2026Strategic MOU signing at Thai Connect 2026 for workforce training and human resource development for Amata City Phu Tho.
• UNIDOstrategicStrategic or Co-development Partner · 10 June 2026Partnership with Dong Nai Industrial Parks and Economic Zones Authority (DNIEZA) for seminar on 'Energy Saving, Emission Reduction and Cleaner Production'. UNIDO provides technical expertise for eco-industrial park development.
• FPTcoreTechnology or Integration · 8 June 2026Strategic MOU for smart industrial estate solutions, digital transformation, and workforce development across ASEAN. Focus areas include: smart IP development with IoT and digital tools, digital centers with data analytics and cloud solutions, smart manufacturing through AI and automation, ESG and sustainability monitoring, and human resource development.
• Banpu NEXTcoreStrategic or Co-development Partner · 4 November 2025Strategic collaboration to develop 227 MW combined solar rooftop capacity at Amata City Ha Long (686.82 hectares) and Amata City Long Thanh (410 hectares), with implementation from early 2026. Partnership supports Vietnam's Net Zero 2050 goal and decarbonization efforts.
• SolarBKcoreTechnology or Integration · 4 November 2025Joint development of 227 MW solar rooftop projects leveraging SolarBK's nearly 20 years of Vietnam solar industry experience. SolarBK provides comprehensive solar power platforms covering research, production, design-construction, EPC and O&M services.
• Phu Tho Province People's CommitteecoreOthers · 16 May 2025Strategic cooperation MOU for long-term investment and development. Phu Tho province provides administrative support, land clearance, and investment facilitation. Amata commits to study and potentially invest in industrial parks, smart cities, logistics, commerce, human resource training centers, and environmental protection initiatives in Phu Tho.
• Ryder Industries VietnamcoreOthers · 16 May 2025Land Use Right Sublease Agreement for 2.2 hectares within Long Thanh Hi-Tech Industrial Park. US$20 million investment project for manufacturing of electronic components, consumer electronics, and communication equipment.
• Asian Institute of Technology in Vietnam (AIT)strategicStrategic or Co-development Partner · 25 April 2025MOU with Amata City Ha Long for training and developing high-quality human resources for Phu Tho Province and industrial parks.
• Hung Vuong University (HVU)strategicStrategic or Co-development Partner · 25 April 2025MOU with Amata City Ha Long for workforce training cooperation and human resource development for industrial parks.
• Viet Han College (Quang Ninh)strategicStrategic or Co-development Partner · 25 April 2025MOU with Amata City Ha Long to enhance workforce training cooperation for the Industrial Park.

Scale indicators10 records

Recent moves8 records

Expansion highlights7 records

Direct peers

• WHA Industrial Development: Thailand's largest industrial estate developer with significant operations across Thailand and Vietnam. Directly comparable to Amata VN in business model (industrial land and factory leasing), customer base (multinational manufacturers), and strategic focus on attracting FDI into Southeast Asia.
• Kinh Bac City: One of Vietnam's leading industrial real estate developers operating industrial parks and urban areas primarily in northern Vietnam. Directly comparable in industrial park development model and Vietnamese FDI-focused customer base, though with different geographic emphasis (Northern Vietnam-focused).
• Becamex IDC: Vietnam's largest domestic industrial park developer with extensive portfolio across Binh Duong and other provinces. Directly comparable to Amata VN in industrial park development for MNC tenants and FDI attraction; competes head-to-head in Vietnam industrial estate market.
• Rojana Industrial Park: Thai industrial estate developer with operations in Thailand and Vietnam. Comparable business model of developing and leasing industrial parks to multinational manufacturers, with similar focus on Southeast Asian FDI destinations.

Broad incumbents

• Amata Corporation PCL: Parent company and Thailand-based industrial estate developer with 50+ years of experience and1,600+ factories across Thailand, Vietnam, Laos, and Myanmar. Broader incumbent in the same industry, with Amata VN PCL as its dedicated Vietnam investment vehicle.
• Vinhomes (VinGroup): Vietnamese conglomerate with significant industrial park and real estate operations through VinGroup's broader ecosystem. Broader incumbent competing for industrial park tenants in Vietnam, though industrial real estate is part of a much larger diversified portfolio.
• Mapletree Industrial Trust: Singapore-listed industrial REIT with portfolio across Asia including Vietnam data centers and industrial properties. Comparable in industrial real estate exposure to multinational tenants, though structured as a REIT versus Amata's developer-operator model.
• Sembcorp Industries: Singapore-based industrial park developer and operator with Vietnam industrial park operations (Vietnam-Singapore Industrial Parks). Comparable in Vietnam industrial park development model and FDI-focused customer base.
• Frasers Property: Multi-national real estate group with industrial and logistics property operations across Southeast Asia. Comparable in industrial property leasing and FDI-focused customer base, with broader portfolio across residential, commercial, and hospitality segments.

Regional players

• Saha Pathana Inter-Holding (SPI): Thai conglomerate with industrial real estate and park development operations through subsidiaries. Related industrial real estate activity in Thailand market, providing a regional comparison for industrial estate business models in Southeast Asia.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCfM6J_MGkhDbE3Xv0DFxSZg
• Facebookfacebook.com/AmataVietnam
• LinkedInlinkedin.com/company/amata-vietnam
• TikToktiktok.com/@amatavn

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about amata vn pcl