To establish overseas industrial parks for the purpose of forging “aircraft carriers” for overseas operations is becoming a new model for local enterprises to build global value chains. Different from traditional OFDI model, the “aircraft carrier” model aims at foreign business environment with uncertainty and asymmetry while holding various advantages such as saving transaction cost, risk aversion, fast learning, scale advantage, and convenient trade. Taking the Thai-China Rayong Industrial Zone as an example, this paper analyzes the resource base, organizational network, operational mechanism and capability framework of the “aircraft carrier” model. We argue that this new model will shape “aircraft carrier” style entity resource capacity, collaboration ability with various stakeholders, and boundary decision making capability between the “aircraft carrier” platform and its resident enterprises. Based on a case study, this paper proposes three dynamic construction paths including “high agglomeration, localization and legitimacy” of the “aircraft carrier” model and its potential risks, and offers some policy suggestions.