Asia Industrial Estate Co., Ltd. (AIE) was established in 1989, and at present its registered capital is Baht 7,950 million (USD 265 million). The company's major shareholders include City Realty Co., Ltd., Sophonpanich family investment companies, and Bangkok Bank. The company’s first project is the development of Asia Industrial Estate Map Ta Phut (AIEMTP), a large scale industrial estate in Map Ta Phut on Thailand’s Eastern Seaboard. AIE’s second project is the development of Asia Industrial Estate Suvarnabhumi (AIES), a large scale industrial estate in Samut Prakan Province, about 20 km. east of Suvarnabhumi International Airport. AIES is home to many leading companies in various industries such as Hino Motor Manufacturing (Thailand) Ltd., NGK Ceramics (Thailand) Co., Ltd. and Thai Yazaki Electric Wire Co., Ltd.