To all shareholders,
The year 2013 is a challenging year for Amata as we encountered the country's political turmoil. This has caused a severe drop of our land sale down to only one third of the set target. Moreover, the Company has spent a lot of money in solving the flood problem, and to help surrounding communities suffered from flood which have an impact on the operating performance of the 4th quarter.
In order to minimize a negative impact from the fluctuation of our income which is mainly derived from land sale, the Company has expanded its investment into power business. In 2013, the board has approved to invest in 2 new power plant projects in Amata Nakorn, and 3 new power plants in Amata City with the size of 130 megawatt each.
In 2014, the Company plans to operate on the following :-
- To increase income from land sale both in Thailand and Vietnam via proactive marketing focusing on Japanese and Chinese markets. Amata industrial estates are on strategic location with easy access both via air and sea, a key success for export business.
- To work on the setting up of new industrial estates outside Thailand.
On this occasion, I would like to thank the shareholders, investors, business alliances, customers and stakeholders who have always given us supports. Also, I would like to thank the management and staff of Amata for their efforts and dedication to work. Finally, I want to assure everyone that we will withstand to work under all circumstances to lead our organization to a steady progress.
