Kudun and Partners has recently signed a joint venture agreement with Industry Alpha Limited, a holding company of Industry Promotion Limited, which is an affiliate of the Industrial Estate Authority of Thailand (IEAT), to provide comprehensive legal services and support to IEAT. This collaboration aims to streamline and enhance IEAT’s role as a one-stop service provider for both foreign and local companies conducting business with the authority.
The Industrial Estate Authority of Thailand is tasked with the development and management of industrial estates, organizing areas for factories in a systematic and orderly manner. As a government entity, IEAT’s goal is to distribute industrial development across the country using industrial estates as a key tool. IEAT provides end-to-end support for businesses investing in industrial estates, facilitating everything from land acquisition and factory setup, facilitating easy access to permits, authorizations, and credit applications, as well as providing strategic advice on securities trading. Currently, IEAT operates 68 industrial estates across 16 provinces, with 15 managed directly by IEAT and 53 operated in partnership with developers.
Kudun and Partners is the first and only law firm currently collaborating with IEAT in this venture and will play a leading role in advising on investments, particularly regarding the Industrial Estate Authority of Thailand Act, B.E. 2522 (1979). Leading this initiative is Thanyaluck Thongrompo, Partner and Head of Permits and Licensing. With over 20 years of experience, Thanyaluck excels in a wide range of legal issues, including establishing and registering legal entities, advising on foreign ownership structures and restrictions, corporate and commercial matters, conducting legal due diligence, and managing licenses, permits, and contracts related to IEAT and Board of Investment (BOI) incentives. Recognized as one of Thailand’s Top 100 lawyers by Asia Business Law Journal in 2023, Thanyaluck brings a wealth of expertise to this venture.
For more information, contact Thanyaluck at thanyaluck.t@kap.co.th
