AMATA Joins Hand with “Sinotech Engineering” to Develop Amata Taipei Smart City Project

Amata Corporation Public Company Limited (AMATA) announced that the Board of Directors’ Meeting held on July 24, 2020 has approved an investment to develop Amata Taipei Smart City Project with a joint venture company between AMATA and Sinotech Engineering Consultants, Ltd by establishing the company named Amata Sino Development Co., Ltd. (or other name as approval) 

The date of establishment is expected by quarter 4 of year 2020 (subject to Covid-19 spread out and other crisis situation) with a registered capital of 75 million baht. The new joint venture will focus on 1) smart city, industrial, commercial and mixed development and operation and 2) smart city management and other value added service.