Frasers Property Thailand marks a major milestone to develop fully automated flagship warehouse for F&N Dairies (Thailand) Limited

• FPT won trust to commence developing the first fully automated warehouse facility for F&N Dairies (Thailand) Limited. The built-to-suit warehouse, together with FNDT’s investment of ASRS, will optimise the use of space and increase overall operational efficiency in logistics and distribution.
• The flagship project is located in strategic location of Frasers Property Logistics Center in Ayutthaya province ideal for manufacturing and supply chain of F&B, FMCG, automotive and electronic industries. The customers will benefit from high accessibility of a site that allows efficient logistics and distribution to Central, Northern and Northeastern Thailand.
• FPT continues to succeed in growing its built-to-suit portfolio while expanding the customers’ segment in F&B sector. FPT has performed with good momentum to secure the built-to-suit projects in the pipeline. FNDT’s facility is scheduled to be completed by 2Q/2021.

BANGKOK, 29 JUNE 2020

Frasers Property (Thailand) Public Company Limited ("FPT"), a leading provider of integrated real estate platform, announced today that Frasers Property Industrial (Thailand) Co., Ltd, a subsidiary of FPT, commenced the development of the first fully automated built-to-suit warehouse for F&N Dairies (Thailand) Limited (“FNDT”), a leading F&B company in Thailand and Southeast Asia.

This flagship project brings together FPT’s expertise in deploying turnkey solutions that cater to FNDT’s specific requirements and FNDT’s 416 million baht investment in an innovative robot-based storage solution, Automated Storage and Retrieval Systems (ASRS), for an international quality warehouse. This built-to-suit warehouse will enable optimal usage of floor space while enhancing operational efficiency.

This cutting-edge warehouse has the total floor area of 20,000 sq m on a 25 rai of land in Frasers Property Logistics Center in the Ayutthaya province. Strategically located within the FPT logistics cluster, this will serve as the regional distribution hub of FNDT for its recognised brands such as TEAPOT condensed milk, Carnation condensed milk , Magnolia Plus Ginkgo UHT milk, BEAR BRAND sterilised milk, BEAR BRAND Gold and Magnolia Milkies tablet. When completed, the facility will feature high bay pallet storage at the height of 40 meters with floor loading capacity of up to 11 tons per sq m. It can accommodate FNDT’s current business operational needs as well as support future business growth in the region. FNDT’s warehouse facility is scheduled to be completed in 2Q/2021.

Mr. Sopon Racharaksa, President of Frasers Property Thailand said, "We are delighted to partner with F&N Dairies (Thailand) in this flagship project. With our customer-centric approach, FPT can deliver integrated solutions that address specific requirements of F&N Dairies (Thailand). This fully automated warehouse marks a major milestone that will elevate the industrial property development industry to the next generation with its advanced technology and best-in-class development.”

In addition to the Frasers Property Logistics Center, Ayutthaya province, FPT also has other logistics centers in close proximity, such as the Frasers Property Logistics Center, Wangnoi 1&2. These projects are ideal locations for the logistics and manufacturing sectors as they are surrounded by nearby major industrial estates cluster and enjoy great accessibility to the highways and outer industrial ring road, that provides logistics and distribution connectivity to the Central, North and Northeast regions.

Partnering with F&N Dairies (Thailand) highlights FPT’s continuous success in strengthening its built-to-suit portfolio. "FPT aims to further develop its logistics centers in Wangnoi district and Ayutthaya areas as another strategic logistics hub of Thailand to serve customers’ demands from multiple segments. As our built-to-suit capability continues to win trust and strong support from our customers, FPT has strengthened its leading provider position in the built-to-suit space with a healthy pipeline. Despite the impact from COVID-19, we are confident of achieving our FY2020 target of 120,000-150,000 sq m pre-committed built-to-suit development.” Mr. Sopon added.

Mr. Suchit Riewcharoon, Managing Director of F&N Dairies (Thailand) Limited said, “We are confident that this partnership with FPT to build a world-class regional distribution facility will enable us to realise our aspiration of being a sustainable F&B leader for the region by utilising innovative, cutting-edge technology to drive efficiencies and meet our consumers’ demands.”

This warehouse has set a goal of achieving the Leadership in Energy and Environmental Design (LEED), a global rating system for building sustainability. From design and construction based on green building policy to strictly reduce environmental footprint and maximize people well-being, the project will be able to introduce its expanding sustainable initiatives to benefit all building users and reduce environmental impact.