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News

25
Jun
2018
TPARK wins tenancy contract from CEVA Logistics for ready-built warehouse in EEC, confident to boost logistic capability and support e-commerce operation

Chonburi – TPARK, the leading developer and operator of logistics parks, recently celebrated with CEVA Logistics, one of the world’s leading non-asset-based third-party logistics provider, on inauguration of a ready-built distribution center for MICHELIN, a global brand in the automotive industry, at TPARK Bowin logistics park in Chonburi. TPARK was represented at the opening by Mr. Sopon Racharaksa, President of TICON Industrial Connection Plc. (TICON), its parent company, alongside Mr. Bruno Plantaz Managing Director for Mekong Cluster (Thailand, Myanmar, Cambodia, Lao, Vietnam) of CEVA Logistics (Thailand) Ltd. Located within the Eastern Economic Corridor (EEC), TPARK Bowin has a total lease area of more than 16,000 square meters. MICHELIN has positioned this new distribution center as its first logistics hub in Asia.

CEVA Logistics chose the ready-built warehouse at TPARK Bowin due to its confidence in TPARK’s professionalism, internationally reputable standard of industrial property development, and strategic location in the EEC. Locating in the free zone also means that its client can enjoy a number of tax privileges. Besides, this logistics park is within easy reach to Laem Chabang Port and Suvarnabhumi Airport, which greatly enhances logistic capability, in line with MICHELIN’s objectives to us this facility as the warehouse and distribution hub for products from across the world, to reduce distribution time to customers in East Asia and Australia, and to support the growing e-commerce operation. The inauguration took place recently at TPARK Bowin in Chon Buri.