Author Archives: Ruby Sace

U-Tapao International Airport Development

U-Tapao International Airport

U-Tapao International Airport plays a vital role in the development of the Thailand’s Eastern Economic Corridor under the Thailand 4.0 scheme. There are major developmental plans to expand the airport’s capacity since the government aims to turn U-Tapao International Airport into a third major destination for airlines. This will enable business expansions, as well as to better facilitate the establishment of the Special Economic Zone in anticipation of the EEC expansion. This major project accepts private investments in developing the U-Tapao International Airport as a part of the U-Tapao Airport and Eastern Airport City Development Project. 

U-Tapao Rayong-Pattaya International Airport, under the authority of Thai Navy, is located at Baanchang District, Rayong Province.  It occupies a land area of approximately 1040 hectares (6,500 rai, 2,570 acres). Currently, it has one runway with 52 bays and there are 2 passenger terminals, which can support 700,000 domestic and international passengers per year and it handles between 80,000 to 100,000 flights per year.

Private Public Partnership investments will allow continuous development of the airport and many various activities including:
  • Passenger Terminal 3 and the Commercial Gateway  
  • Air Cargo facilities – Phase II  
  • Maintenance, Repair and Overhaul (MRO) facilities – Phase II 
  • Aviation Training Centre – Phase II 
  • Free Trade Zone 

When these modernization and expansion plans of existing runway and new passenger and cargo terminals are ready; it will bring about a massive capacity increase from the current 800,000 passengers to around 3 million passengers per year.  By 2021, the building of a second runway is about to happen. This will then enable the airport to reach its goal of handling 250,000 yearly flights in the future.

High Speed Train and double track railway and motorway expansion will soon provide interconnectivity between U-Tapao, Suvarnabhumi and Don Muang International Airports by a high-speed rail line. Furthermore, constructing a third terminal, having private sector to manage and operate it, is also taken into consideration. In combination, all three terminals will be able to accommodate up to 60 million passengers per year. Not only will it help alleviate the crowding of Bangkok’s other main airports but it will also result to a high increase in revenue. The growth of U-Tapao International Airport will bring an influx of tourists and businessmen to Pattaya and The Eastern Seaboard. Pattaya, a popular tourism area near U-Tapao, will greatly benefit from these expansion plans. Hence, Pattaya is undoubtedly foreseen to grow in the years ahead. Apparently, the increase of tourists will impact the hotels, restaurants, real estate market, and the general economy of Pattaya.

 

Eastern Economic Corridor of Innovation (EECi)

 

The development of the Eastern Economic Corridor of Innovation (EECi) has been proposed by The Ministry of Science and Technology to support the innovative research and development and involving the government, private-sector organizations, universities and local communities. It aims to advance and transform existing industries as well as to develop the new strategic industries, both within the Eastern Economic Corridor and in other parts of the country. Its ultimate goal is to make Thailand a country that prospers on innovation, to upgrade the quality of life of local people and the country towards a sustainable future.

The Main Objectives of Eastern Economic Corridor of Innovation (EECi)
  1. Technology and innovation research and development, designed to reach “the real world”, such as to achieve scientific findings in a laboratory setting that can be “translated” into practical industrial applications.
  2. Transferring technologies to the industrial sector in order to develop the country’s 10 targeted industries, by upgrading and strengthening existing industries and creating new industries with high levels of technology. The EECi will also promote startups with high levels of technology and innovation, a move that is seen as fundamental to the growth of new industries, both within the EECi and in other parts of the country.
  3. Creating links to networks of research and development both within Thailand and overseas, to help generate an innovative society with high levels of technology and to achieve a working integration, or “triple helix” relationship, between the private sector, educational and research institutes, and government organizations. To extend the “triple helix” concept by involving people in local communities, thus creating a “quadruple helix” working integration.
Focused Industries
  1. Modern Agriculture & Biotechnology
  2. Biofuels and Bio-Chemicals
  3. High Performance Battery and Modern Transports
  4. Automation, Robotics, & Smart Electronics
  5. Satellite and Aviation
  6. Medical Devices & Supplies
5 Platforms
  1. STI Solution for Industries & Communities
  2. Research and Innovation
  3. Workforce Development
  4. Research and Quality Infrastructure
  5. International Collaboration & Tech Transfer
Three Targeted Sectors of Technology and Innovation in Eastern Economic Corridor of Innovation (EECi) are:
  1. ARIPOLIS: A research and innovation center for automation, robotics and intelligent systems

The focus here will be on serving the digital economy, which is Thailand’s main development target. From Aripolis will spring the stimulation and encouragement to create a new industry based on:

  • -Automation
  • -Robotics
  • -Intelligent Systems
  • -Internet of Things (IoT)
  • -Sensors
  • -Big Data
  • -ICT Security

This will not only directly enhance economic growth, but will also provide crucial support to the transformation and development of the other nine strategic industries, whether they are located within the EECi or elsewhere in the country.

 

  1. BIOPOLIS: A center for research and innovation in life sciences and biotechnology

The aim is to drive the development of the country’s agricultural economy with science, technology, and innovation, to create value-added products from agriculture goods and continuously create growth opportunities for agricultural industries. This enhanced agricultural development will give Thailand an increased and sustainable competitive advantage.

Biopolis will support the bioeconomy scheme, which covers the following industries:

  • -Smart Agriculture
  • -Functional Ingredient/Nutraceutical
  • -Biofuel/Bioenergy
  • -Bioplastic/Biomaterial
  • -Biochemical
  • -Biomedical/Biopharma

Biopolis will also expand collaboration in life sciences and biotechnology research and development to increase agricultural productivity, improve seed stocks and transform raw agricultural goods into high-value products.

 

  1. KRENOVAPOLIS: A center for creating innovations in space technology and geo-informatics

It aims to provide fundamental infrastructure for innovations in science and geo-informatics, applying to many fields and technologies; to utilize intellectual capital; to create knowledgeable and skilled workers; and to develop an innovative economy for Thailand.

  • -Ground Station & Operations Support
  • -Maritime Solutions
  • -Agriculture Solutions
  • -Navigation and Location-based Services

 

Location

 

Wangchan Valley – Tambon Payupnai, Wangchan District, Rayong Province

The EECi site at Wangchan Valley that will concentrate on Aripolis and Biopolis, covers about 3000 rai (480 hectares). The Kamnoetvidya Science Academy (KVIS), the Vidyasirimedhi Institute of Science and Technology (VISTEC), and the Wangchan Reforestation Project occupies it. Together, they cover about 1000 rai, leaving about 2000 rai (320 hectares) to be developed by the Ministry of Science and Technology and PTT Public Company Limited.

More than 30 industrial estates in the Eastern Economic Corridor (EEC) surround the Wangchan Valley. It is close to modern transportation systems, including motorways, High-speed railway, U-Tapao International Airport, Ports at Laem Chabang and Chuk Samet and Tourism centers and areas growing major industrial crops.

Wangchan Valley will receive fundamental infrastructure to support research, development and innovation activities. It will have areas for private sector research and development, a startup and innovation center and a national quality infrastructure for verification, evaluation and certification. It will also have “translation” research infrastructure such as pilot plants, demonstration plants and living laboratories where scientific findings can be “translated” into practical industrial applications. Moreover, Wangchan Valley will have residential areas, meeting facilities, a fitness center, sustainable green spaces, hotels and other facilities, including international schools and bilingual schools to meet the needs of both Thai and foreign experts. These will be available to privately-sector people as well as other target groups, to create Thailand’s leading venue for innovation development.

 

Space Krenovation Park (SKP) – Sriracha District, Chonburi Province

This is being developed on 120 rai (19.2 hectares) of land, which will provide a focal point on Krenovapolis. The site is already home to Thailand’s Geo-Informatics and Space Technology Development Agency (GISTDA), part of the Ministry of Science and Technology.

 

Please See Related Pages under Eastern Economic Corridor (EEC)

Digital Park Thailand

Digital Park Thailand is strategically located within the Special Economic Zone of the Eastern Economic Corridor (EEC) on a 600-rai area in the Sri Racha District of the Chonburi Province. It is located conveniently close to Suvarnabhumi Airport and U-Tapao International Airport. Several industrial, estates and universities surround Si Racha. Therefore, this project will support these existing industries and people in the area, including existing schools and the automotive and agriculture sectors. There is also an assurance of an easier mode of transportation in the future. High Speed and double track railway and motorway expansion, will then provide Interconnectivity between industrial sites, deep-sea ports and international airports.

Digital Park Thailand is a new digital hub for tech geniuses and business innovators looking to expand operations to Thailand and the ASEAN region.  The establishment of the Digital Park will signify an innovative change in the way of conducting business in Thailand. Because it is surrounded with regional logistic hub, force of several world-class digital production, and recognized educational institutes, it will serve the purpose of the Digital Park to create an environment for a digital ecosystem to excel. Equipped with ultra high-speed broadband infrastructure, submarine cable station, data center, and satellite earth station, this will then serve as the digital hub of EEC while aiming to become the ASEAN Economic Community (AEC) data hub.

Digital Park Thailand is the destination for global players and world-class digital nomads to Invest-Work-Learn-Play because it will comprise of the following:

  1. Digital Industry Investment: Global Digital Player Destination
  2. DigiTech Acceleration: Global DigiTech Networking, 24/7 Innovation Workspace
  3. Digital Experience Innovation: Digital Theme Park, Animation & Movie Town
  4. Connectivity Hub: International Internet Gateway, Digital Data Hub, Satellite and Space Center

Digital Park Thailand is subdivided into 3 Zones:

Zone 1 – Private Sector Innovation Space

The digital business investment zone for foreign companies investing in Thailand.

Zone 2 – Digital Talent Space or Digital innovations zone (University 4.0 and Digital Academy)

This zone will comprise of centers for learning and sharing of digital technology, universities, and institutes for creations of digital innovations, such as Internet of Things (IoT) Institute. Renowned international and local universities offering digital-related courses and laboratories will then be established under collaboration between universities and the private sector.

Zone 3 – Smart Living Space and Innovation Workplace

Smart Living Space will comprise of residences, hotels, a shopping mall and a sport complex. Hence, this will make Digital Park Thailand a destination for international digital talent to live, work, learn and play.

Maximum Privilege 

Several incentive packages will be offered to business operators in Digital Park Thailand, which includes the following:

  1. Corporate and personal income tax privileges
  2. RDI regulatory exemption
  3. Ease to do business
  4. One-stop services
  5. Simplified VISA and work permit procedures.

The park is certainly going to be Thailand’s premier digital platform. Most importantly, this will pioneer testbeds and adoption of state-of-the-art digital technologies, Internet Of Things (IoT), and Artificial Intelligence.

This is an exciting opportunity for end-users, entrepreneurs, corporate residents, investors and partners across the region and country. Because of the project’s digital capabilities and sound infrastructure, as well as a vibrant world-class environment, Digital Park Thailand will definitely make an exceptional location for business leaders considering relocating their digital businesses within ASEAN.

 

Please See Related Pages under Eastern Economic Corridor (EEC)

Eastern Economic Corridor (EEC)

 
Thailand 4.0

Thailand 4.0 is an economic model that aims to transform the Thai economy from industry-driven into innovation-driven. Past economic development models placed emphasis on agriculture (Thailand 1.0), light industry (Thailand 2.0), and advanced industry (Thailand 3.0).

Thai economy has boomed during the first years of Thailand 3.0 platform. But in recent years, it has grown by only 3% to 4%. Thailand has been stuck in the middle-income trap for more than 20 years. Since the world is getting more competitive, Thailand has seen the necessity to launch Thailand 4.0 to boost its economy to become an innovation driven and a high-income country.

Four Objectives of Thailand 4.0
  1. Economic Prosperity – to create a value-based economy that is driven by innovation, technology and creativity.
  2. Social Well-being – to create a society that moves forward without leaving anyone behind through realization of the full potential of all members of society.
  3. Raising Human Values – to uplift the competency level of Thai people.
  4. Environmental Protection – to become a livable society that possesses an economic system capable of adjusting to climate change and low carbon society.
What is the Eastern Economic Corridor (EEC)?

The Eastern Economic Corridor (EEC) is the initial project under the Thailand 4.0 scheme for the economic development of Thailand’s Eastern Seaboard. This project will drive the country’s investment in boosting innovation as well as acquisition and development of new and advance technology. This will mark as a momentous growth and transformation of Thailand’s economy. With good infrastructure and investment platform, the EEC can become the center for trade and investment thus making Thailand an attractive investment destination.

Initially, the EEC project will cover 3 eastern provinces namely Chonburi, Rayong and Chachoengsao covering a total area of 13,000 square kilometers. This area is being designated and promoted because of their capacity to increase investment possibilities and facilitate development of economic activities because of its strong recognition of the Thailand’s targeted industries and support of the Thailand 4.0 initiative. The Eastern Seaboard has proven success in Automobile, Electronic and Petrochemical industries, and has established strong connection to neighboring countries. It is EEC’s focus to improve this existing connectivity while promoting innovation.

 

Implementation Programmes for the Eastern Economic Corridor (EEC) Development
  1. Infrastructure Development Implementation
  2. Targeted Industries Development Implementation
  3. Human Resource, Education, Research, and Technology Development Implementation
  4. Tourism Development and Promotion Implementation
  5. New City and Community Development
  6. Business Hub and Finance Hub Development Implementation
  7. PR and Mass Engagement Implementation
  8. Modern Agriculture, Irrigation, and Environment Implementation

 

Major Development Projects

Air Transport Development Plan

  • -Modernization of U-Tapao International Airport with expansion of existing runway and new passenger and cargo terminals.
  • -Transform U-Tapao Airport into a hub for Aviation Maintenance, Repair and Overhaul (MRO).

Land Transport Development Project

  • -High Speed and double track railway and motorway expansion to provide Interconnectivity between industrial sites across the country to 3 deep sea ports and 3 international airports.

Sea Transport Development Plan

  • -Expansion of Laem Chabang Port Phase 3 to accommodate freight containers up to 18M Twenty Foot Equivalent Units (TEU) and 3M cars annually.
  • -Development of Mapthaphut Industrial Port Phase 3. This is designated for the transport of Liquid Freight and natural gas, which are important for raw materials for energy production and advanced petrochemical industry. The enhancement of this area’s infrastructure will be an advantage to better facilitate transportation of these products.
  • -Sattahip Commercial Port will be upgraded and modernized to become an international and cruise ferry port.
  • -Establishing new ferry port to connect major tourist destinations, designed to connect both sides of the Gulf of Thailand.

 

Targeted Industries
  1. The Next-Generation Automotive Industry
  2. Automation, Robotics and Intelligent Electronics Industry
  3. The Advance Agriculture and Biotechnology
  4. Food Processing Industry
  5. Medical Devices and Supplies Industries
  6. High Wealth, Medical Tourism and Comprehensive Healthcare Industry
  7. Digital Industry
  8. Satellite, Aviation and Logistics Industry
  9. Biofuels and Biochemicals Industries

 

What are the benefits of the Eastern Economic Corridor (EEC) to investors?

The EEC intends to welcome foreign companies to invest in the Special Economic Zone with attractive incentives, as well as an assurance of infrastructure readiness and ease of doing business in Thailand.

  1. Exemption from Corporate Income Tax for up to 15 years
  2. Subsidies from the Fund for supporting expenses incurred in the investment, research and development, promotion of innovation or development of specific personnel of businesses in targeted industries
  3. Lowest personal income tax rate of 17% for executives and experts
  4. Long-term land lease for up to 50, and a renewal for up to 49 years
  5. Permission to own land for BOI promoted projects
  6. Work permit and visa assistance and a 5-year business visa
  7. Special Public-Private-Partnership procedure
  8. Fast-track Environmental Impact Assessment (EIA) approval
  9. Foreign currency account and use of foreign currencies without exchanging into Thai baht
  10. One-Stop Service Centre to facilitate foreign investors

The government is confident that the Easter Economic Corridor will mark its completion by year 2021. By then, the 3 Eastern provinces will turn out to be the center for technological manufacturing and services with strong land, sea and air connectivity to its ASEAN neighbors.

 

Please See Related Pages under Eastern Economic Corridor (EEC)

Magna Carta Law Office Renovations Complete

Located on South Pattaya Road, near the junction with Third Road, the Magna Carta Co., Ltd has been a feature of the landscape since before the turn of the century. The entire building has recently undergone a major renovation to accommodate the growing number of the Magna Carta Team and clientele, as well as to give room for the new business ventures under the Magna Carta Group of Companies.

Founded by Mr. Chalermwat “Pico” Wimuktayon, who is Legal Advisor to the Acting Mayor of Pattaya City; a Region 2 Committee Councilor of The Lawyers Council of Thailand and a member of the Committee of the Immigration Bureau of Chonburi Province. The Magna Carta team consists of 34 lawyers, 10 accountants and foreigners to oversee their foreign clientele.

Magna Carta Co., Ltd. fully owns the Magna Carta Office Building

The recent renovations were designed to make more effective and efficient use of its six floors.  The building has a brand new lift and each floor now has its own operational function within the company.

 

 

safety-deposit-box

144 Safety Boxes

The first (or ground) floor now has a wider reception area with 144 safety deposit boxes available for lease. Magna Carta also plans to open currency exchange booths within the premises, and elsewhere across Pattaya, in the future.

The second floor was converted into four private meeting rooms where clients can meet with Magna Carta’s team of lawyers and consultants in a private setting.

The third floor consists of the Magna Carta legal and accounting division; basically the heart of the overall business.

The fourth and fifth floors is now  what Magna Carta terms an iBusiness Centre. They will soon be renting out office spaces as well as co-working spaces on these floors. Magna Carta have an LED which is available now to book advertising under the iBusiness model.

Finally, the sixth floor now has a huge conference room with a seating capacity of up to 26 persons.

MC Financial Consultancy

Apart from the legal and accounting aspects of their business, Magna Carta has now started looking into new business ventures with the aim of being able to offer a complete One-Stop Service for almost anyone. This includes a Financial Consultancy service, which will add even greater value to the legal and accounting framework.

 

MC Construction and Property Management

One major step forward has been the creation of the MC Construction and Property Management arm which aims to provide property management for condominium and housing projects. Its main goal is to create a secure environment and transparent financial system for any project. Magna Carta has well-trained staff with vast experience across the legal frameworks involved in condominium issues, and combining them with a professional management supervisor they believe they will be able to provide quality services in the day-to-day running of any project. Magna Carta is also able to provide all significant staff and services to make sure every detail of management is conducted according to the law.

 
iBusiness Center

The planned iBusiness Center is intended to provide help on running any kind of business in Thailand. They will provide a good and convenient business environment with all the necessary materials for success. You will be able to work in a good and convenient business environment provided with an office assistant and shall be equipped with free telephone, internet, storage, Post Office box, pantry, shower room and other facilities.

 

Asean Economic Community (AEC)

With the advent of the Asean Economic Community (AEC), Magna Carta has also taken on board the task of being a one-stop service provider to help both corporate and individual clients grow within the AEC by utilizing their network of legal contacts across the region.

 

313 Training Studio

Magna Carta has also established 313 Training Studio, located in Nongprue Soi 1, off Soi Siam Country Club. It includes Sauna, Spa, Martial Arts and Muay Thai training facilities all in the one place.

Magna Carta continues to see great potential across the wider Pattaya marketplace. They have positioned themselves to be among the leaders when it comes to specialist services.

 

CEO of Magna Carta appointed as Legal Advisor to the Acting Mayor of Pattaya City

The Pattaya City Council and the Pattaya City Executive have completed its term of office on 16th June 2016.  Consequently, the Pattaya Ciy Director, Mr.  Chanatpong Sriwiset, has been designated to temporarily take on the responsibility of Deputy Mayor of Pattaya until the official naming of the new City Mayor.

To orderly operate and resolve various legal issues, the Pattaya City Director has appointed Mr. Chalermwat “Pico’ Wimuktayon, as a legal advisor in civil, legal and administrative cases. The appointee will act as a litigation consultant, advising the legal procedure for events affecting the government.

Properties For Sale

Looking for a property in a quiet development?

 

LAND FOR SALE

 
Land for Sale 1
SITE:

2,119 sqw or 5.29 Rai at Praphanimit 19, the widest road off Soi Siam Country Club.

LOCATION:

The land is off Soi Siam Country Club approx. half way between Sukhumvit Road and Mabprachan Lake (around 3.5km from Sukhumvit).  Access is on both sides of the land and the area is beginning to become built up (at the back of it is a Multi-Million Baht Indoor Football Centre (Planet Football).  Also, at the side of the land is a housing project called Villa Med that has approx. 8 houses with a sales value of between 7 Million Baht and 15 Million Baht, so the land is in a very good area, and very well positioned off Soi Siam Country Club, the most sought after road in East Pattaya.

OWNERSHIP:

Company owned.  Formed in 2014.  The shares can be purchased in this clean company if the buyer wishes to save transfer fees.

POSSIBLE PROJECTS:
  • – Housing Development
  • – Hotel & Resort
 
SALE PRICE:

Assessed Value:  21,190,000 Baht (2,119 sqw @ 10,000 Baht/sqw)

ASKING PRICE:

OFFERS ONLY

CONTACT:  

Peter – Mobile: 0899366236

 

Be Part of Our Team

We are looking for great people to join our Legal, Sales and Accounting team.

Sales Officer

2 Positions
Salary 30,000 with Commission

Qualifications:

– Male or Female (Foreigners are also welcome to apply)
– Pleasing personality with excellent communication skills in English
– At least 1 year working experience in Law office or 2 Years experience in Real Estate business
– Computer literate.

 

Accounting Staff

3 Positions
Salary 30,000 with Commission
 

Qualifications:

– Female (Thai Nationality Only)
– High Vocational Certificate or higher in Accounting
– Computer literate

 

Receptionist

2 Positions
Salary 25,000 with Commission
 

Qualifications:

– Female (Foreigners are also welcome to apply)
– Pleasing personality , Service minded
– High Vocational Certificate or higher
– At least 1 year of working experience
– Computer literate
– Excellent communication skills in English
– Have experience and Knowledge of Marketing will be an advantage

 

IT Officer

1 Position
Salary 20,000 with Commission.
 

Qualifications:

– Male / Female (Thai nationality Only)
– High Vocational Certificate or higher in Computer or related field
– Having knowledge and skills in various computer programs, required by the company
– Have hardware and software installation knowledge and be able to resolve computer errors when needed

 

Legal Officer

2 Positions
Salary 25,000 with Commission.
 

Qualifications:

– Male/Female 21- 30 years old
– Bachelor Degree in Law
– New graduates are welcome to apply
– No lawyer license and experience needed
– Computer Literate
– Good command of English
– Good command in other languages (both spoken and written) is an advantage

 

Interested applicants, please submit your application at:
Magna Carta Co., Ltd.
193/126-128 South Pattaya Road, Nongprue, Banglamung, Chonburi

Tel. 038-373735 Or

Email: info@magnacarta.co.th