Published on October 13, 2007

New phase of Science Park wooing R&D-focused firms

The National Science and Technology Agency (NSTDA) has launched the second phase of the Thailand Science Park, a two-billion baht expansion that aims to attract companies with a research and development (R&D) focus to occupy at least 50% of the project. Officials hope companies will take up 40,000 square metres out of the 72,000 sq m of new space at the site near the Thammasat University Rangsit campus.

Construction is expected to start this month and to be completed by 2010.

The first phase was planned to serve only government-related research organisations, particularly the NSTDA and its affiliates including Biotec, Nanotec, MTEC, Nectec and TMC. However, already 11,000 sq m of the first phase have been taken up by private companies including Betagro and Siam Cement.

To read further, please visit the Bangkok Post website: http://www.bangkokpost.com/131007_Business/13Oct2007_biz31.php