CBA Expo or ConsBuild Asia is an annual international expo and conference on construction and building technology focusing on Thailand and ASEAN markets. The expo will showcase construction machinery, mining machinery , tools and equipment, building materials and building technology from local and international exhibitors and provide the most complete B2B platform for exhibitors to market themselves,…
Construction – and infrastructure development in particular – is expected to be a key driver of economic growth across ASEAN from 2021. The bloc, home to some of the world’s fastest-growing economies and lowest unemployment rates, faced the novel coronavirus after years of health care infrastructure improvements, with much of the group reporting Covid-19 case-fatality rates below the global…
On addressing the infrastructure deficit in emerging Asia How do you see the newly formed Infrastructure Asia dovetailing with transnational initiatives like the Belt and Road? SETH TAN KENG HWEE: I think the Belt and Road Initiative identifies a very large need when it comes to infrastructure. The market really needs infrastructure, but I think our cooperation would have to be case-specific. We…
Interview:Anutin Charnvirakul How can public infrastructure projects address productivity bottlenecks and facilitate growth? ANUTIN CHARNVIRAKUL: Infrastructure investment should go to secondary cities instead of Bangkok. The capital has seen the development of so many mass transit lines and expressways that it has become even more congested and is suffering as a result. At present everything…
Interview:Visit Malaisirirat What is your outlook on the purchasing power gap between investors and prospective buyers? VISIT MALAISIRIRAT: Thailand’s overall economic outlook is positive, and recent years have seen its political divisions calmed. Key indicators such as exports – which drove strong GDP growth in 2017 – give us grounds for optimism. Although we have found that the upper…
Although the construction industry contracted somewhat in 2017 following a strong performance in 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-speed rail track was laid, and plans for the transformational…
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-speed rail track was laid, and plans for the transformational…
The real estate market in Thailand is becoming one of selective opportunity. In the residential segment, international investors are still active in the high-end market and healthy uptake is evident in the mid range. However, the affordable-housing segment is suffering as domestic buyers continue to be weighed down by high levels of debt. On the commercial side, high occupancy rates in existing…
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 various modes of transport, specifically urban connections,…
Legislative reform in various stages of consideration and implementation could help boost the property market, with positive effects for the wider economy. In particular, the liberalisation of land laws is expected to result in more investment and the optimal use of assets. However, change can also create challenges. Short-term disruptions may occur as laws work to correct historical hurdles,…