Construction

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Even though the minimum wage has gone up and there is no shortage of work, the construction sector in Thailand is facing serious dearth of labourers. According to Chakporn Oonjitt, the executive director of the Construction Institute of Thailand, the number of people, both skilled and unskilled, employed in the industry has been well over 2m for...

How dependent will Thai contractors be on government projects in 2014?

In what ways has the recent political climate affected the pace of property development?

Is positive growth in the Thai property market leading to concern over a real estate bubble?

Despite the political and social challenges that marked late 2013, Thailand’s economy has remained stable and is poised for further growth in the coming years. However, concerted action by the public and private sectors will be needed for the country to avoid the middle-income trap of stagnating productivity and to maintain its stance as a top Asian economy.

Chapter | Construction & Real Estate from The Report: Thailand 2014

Even though the minimum wage has gone up and there is no shortage of work, the construction sector in Thailand is facing a serious dearth of labourers. As developments in neighbouring countries have increased employment opportunities there and the minimum wage has risen across Thailand, companies have faced difficulties in finding workers for building sites. However, despite some setbacks...

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