ANCTEK Signs Land Deal Above 100 Rai at WHA Industrial Estate Rayong
ANCTEK Thailand signed a land-purchase agreement for more than 100 rai at WHA Industrial Estate Rayong, with plans to expand manufacturing of electric and vacuum-cleaner motors.
WHA's official announcement says ANCTEK Thailand signed a land-purchase agreement for more than 100 rai at WHA Industrial Estate Rayong. The current milestone is the signed land deal.
The intended use is an expansion of manufacturing for electric motors, including vacuum-cleaner motors. The official information does not say the line has been built or production has started, so the expansion remains planned.
Note: This article is based on the listed public sources and is not investment, legal, tax or compliance advice. Thailand tax, VAT, WHT, BOI, customs, e-Tax or PDPA interpretations and responsibilities must be reviewed for the actual project by qualified professionals in Thailand.