SPI, Tokyu Corporation and Saha Tokyu Sign MOU to Shape the “Future of Sriracha”

Saha Pathana Inter-Holding Public Company Limited (SPI) has entered into a Memorandum of Understanding (MOU) with Tokyu Corporation, one of Japan’s leading urban development companies, and Saha Tokyu Corporation Co., Ltd. (Saha Tokyu) to jointly study the feasibility of future development projects in Sriracha, Chonburi Province. The collaboration aims to unlock the long-term potential of Sriracha as a future-oriented hub for living, working, and investment under the concepts of “Modern Working Place” and “Plenary Living Area.” The initiative is designed to support the growth of emerging industries and investment opportunities within Thailand’s Eastern Economic Corridor (EEC).

The Feasibility study will remain in effect for three years, during which the partners will conduct studies and formulate development strategies for the next 10–20 years across selected 700 -Rai land parcels owned by the Saha Group in Sriracha. The envisioned development framework will focus on creating a model city of the future under the concepts of “Modern Working Place” and “Plenary Living Area,” integrating education, residential, commercial, business, and lifestyle components into a balanced and connected environment. The project is expected to support future economic expansion, attract investment, and accommodate next-generation industries within the EEC.

The three organizations share a common goal of developing innovative urban solutions that address evolving global economic trends and the aspirations of future generations. By leveraging their respective strengths, the partners seek to attract advanced industries, international businesses, and high-quality talent while fostering sustainable urban growth.