Yuming Signs Land Purchase Agreement for WHA Rayong Manufacturing Base
Socket-set and electronic-component maker Yuming International (Thailand) signed a land purchase agreement for a planned Rayong factory.
Yuming International (Thailand) signed a land purchase agreement with WHA Industrial Development to establish a manufacturing facility at WHA Industrial Estate Rayong. The company manufactures and distributes socket sets and electronic components.
The planned base is intended to serve domestic and export markets, and the announcement expected construction to begin in the fourth quarter of 2024. That date was the expectation at publication; the confirmed milestone is the land agreement, not a later construction start or operation.
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.