Recognising the need to tackle infrastructure deficiencies as part of plans to develop high-value industries and meet growing tourism demand, the government has shifted its construction targets from power and utilities to transport infrastructure. Indeed the government’s five priority areas for construction work between 2015 and 2022 target...
Although the construction industry contracted somewhat in 2017 following a strong performance the previous two years, the prospects for the sector remain broadly positive. Work progressed on many fronts, despite a few projects not launching as planned. Commuter rail initiatives advanced, double tracking works on intercity lines began, high-...
What is your outlook on the purchasing power gap between investors and prospective buyers?
How can public infrastructure projects address productivity bottlenecks and facilitate growth?
Although the construction industry contracted somewhat in 2017 following a strong performance in the previous two years, the prospects...
In its April 2018 Economic Monitor for Thailand, the World Bank reported that GDP growth accelerated to 3.9% in 2017, from 0.91% in 2014, 2.94% in 2015 and 3.23% in 2016. This was the fastest expansion since the 7.24% recorded in 2012, and was driven by strong global growth, increased export revenue and a modest recovery in private consumption.
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