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Industrial Archives - Page 4 of 5 - Thailand Property News

Bhiraj Buri Group, owner of Bangkok International Trade and Exhibition Centre (Bitec) in Bang Na, is embarking on a Bt6-billion expansion in the capital aimed at raising its profile among international venues. The new development of a convention centre and office tower in eastern Bangkok will become a top destination for MICE (meetings, incentives, conventions and exhibitions) businesses in the ... Read More >
Application approvals revive confidence at industrial estates. Land sales in industrial estates are expected to recover in the second half of this year after the Board of Investment (BoI) last week made great strides in approving applications for major projects which had been pent up almost for nine months. Although the approval by the BoI may not boost industrial .... ... Read More >
Industrial estate land sales are expected to meet this year’s target of 3,000 rai despite lacklustre first-quarter sales stemming from the ongoing political conflict, says the Industrial Estate Authority of Thailand (IEAT). Governor Veerapong Chaiperm yesterday said despite the sale of only 900 rai in the first quarter, the figures should improve in the second quarter ... ... Read More >
TICON LOGISTICS PARK will invest Bt6 billion this year to build more local logistical facilities and warehouses for lease to cash in on the growing outsourcing trend.  Tpark is also studying the feasibility of operating warehouses in foreign markets like Myanmar and Vietnam. Managing director Patan Somburanasin said last week that the company plans to build warehouses at two new ... Read More >
The investment promotion agency is confident of meeting this year’s investment target of 900 billion baht in spite of the political conflict.  Foreign projects seeking investment privileges surged by 28% in value in the first quarter of this year, according to the Board of Investment (BoI). A breakdown revealed investment in a number of industries was expanding. The automotive, parts ... Read More >
A fifth of industrial estates’ new foreign customers have postponed their investment on concerns over the political unrest, but are expected to continue viewing Thailand in a favourable light thanks to its growing economy and their reliance on export markets. “Based on the recent roadshow to Japan, they are still interested in factory construction in Thailand. They see that by ... Read More >
After years of uncertainty, the prospects of the massive Dawei project took a recent twist when Thailand and Myanmar officially tied the knot to push the ambitious scheme forward.  With three memoranda of understanding signed by the two countries in November, the Dawei concession was transferred from Italian-Thai Development Plc (ITD) to Dawei SEZ Development Co (DSEZ), a special-purpose vehicle ... Read More >
WHA Corporation, the SET-listed warehouse and logistics firm, has joined with KPN Group Corporation, a high-rise property developer, to build a 710,000-square-metre warehouse with solar rooftop at a cost of 3.6 billion baht. Chief executive Somyos Anantaprayoon said his company holds a 65% stake in the joint venture, called WHA KPN Alliance, while KPN owns the rest. The project, located ... Read More >
Thailand’s first-ever rubber industrial estate valued at a combined 3 billion baht will be established in Rayong on a plot of about 2,000 rai. The investment belongs to Thai Hua Rubber Plc, which recently set up a new subsidiary called Thai Beka Co with registered capital of 1.25 billion baht to run LK Rubber City Hub in the province. Luckchai ... Read More >
จากการสำรวจภาคธุรกิจอุตสาหกรรมโดยแผนกวิจัยซีบีอาร์อี พบว่า ศูนย์ขนส่งและกระจายสินค้า หรือ Modern Logistics Property (MLP) ที่มีความสูงจากพื้นจรดเพดานอย่างน้อย 9 เมตรและพื้นสามารถรับน้ำหนักได้ไม่ต่ำกว่า 3 ตัน ... Read More >
The Industrial estate sector has been dominated by the fall out from the suspension of projects at Map Ta Phut and concerns about Japanese companies losing confidence in Thailand as a manufacturing location. Finally we have a little bit of good news. Hutchinson Technology (Thailand) has committed 4.3 billion baht to build a hard disk drive parts production plant at ... Read More >
The Bangkok Post reports that Ford is threatening to relocate their proposed project There was a very worrying article in the Bangkok Post on February 3rd suggesting that Ford would shift new investment to other countries unless the Thai government resolved issues at Map Ta Phut. Initially the problems were limited to the Map Ta Phut Industrial Estate where the ... Read More >
Thailand Industrial MarketView Q3 09 Overall demand in the industrial property market remained weak, only 236 rai were sold, down 7.5% Q-o-Q and 82.2% Y-o-Y. A Chinese agricultural company bought 100 rai in Rojana Industrial Park, Ayutthaya. Automotive production has improved in Q3 2009 with manufacturing firms increasing production and recruiting new staff in August 2009. Vehicle production capacity utilization ... Read More >
The global recession has meant that there has been a dramatic fall in investment in manufacturing plant around the world. In Thailand this has resulted in industrial land sales on estates and parks falling from 3484 Rai (1393 acres) in the first three quarters of last year to 432 Rai (172 acres) in the first three quarters of this year. ... Read More >
The major highlight of this quarter was that sales of Serviced Industrial Land Plots (SLIP’s) rose by 187% q-o-q to 255 rai in Q2 2009 SILP’s but this was due to the Thailand Tobacco Monopoly buying 240 rai at Rojana Industrial Park. Only 344 SILPs have been sold in 2009 to date, this compares with 4,170 in the whole of ... Read More >

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