# Thailand’s Amata Targets Laos as a Hub for Chinese Manufacturing Relocation

- Link: https://www.thailand-business-news.com/china/158178-thailands-amata-targets-laos-as-a-hub-for-chinese-manufacturing-relocation
- Published: 2024-08-26T14:43:52+07:00
- Author: Bahar Karaman

**Thai developer Amata is establishing a major industrial park in Laos to attract
manufacturers relocating from China amid ongoing U.S.-China tensions and uncertainties
in China’s economy.**

BANGKOK — Amata, a Thai developer known for its industrial parks in Thailand and
Vietnam, is launching a significant project in Laos. The initiative aims to draw
manufacturers looking to relocate from China amid ongoing tensions between the U.
S. and China.

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Amata’s founder and Chairman, Vikrom Kromadit, noted that the upcoming U.S. presidential
election and uncertainties in China’s economy could drive more Chinese companies
to seek expansion opportunities abroad.

In a recent interview with Nikkei Asia, Kromadit emphasized the importance of overseas
expansion as a potential lifeline for these companies, signaling a shift in regional
manufacturing dynamics.

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**Source** : [Thailand’s Amata eyes Laos as a hub for Chinese manufacturing exodus](https://asia.nikkei.com/Spotlight/Supply-Chain/Thailand-s-Amata-eyes-Laos-as-a-hub-for-Chinese-manufacturing-exodus?rand=157030)