New Market Research Report: Thailand Infrastructure Report Q4 2010
New Market Research Report: Thailand Infrastructure Report Q4 2010
Sep 20, 2010 – Despite the sensational scale of the government's clash with the United Front for Democracy Against Dictatorship (UDD), or the 'Red Shirts' as they are better-known, the Thai economy appears to have shrugged off the impact of the unrest within weeks. With the exception of those linked with the tourism sector, most industries - including the construction industry - have been largely unscathed by the April-June 2010 conflict on the face of it. Thailand's construction sector will follow the country's wider economy and exports, which have been growing strongly in recent months. The sector will have emerged from a two-year recession this year, after contracting by 5.35% in 2009 to THB244bn (US$7.12bn). BMI expects to see the sector grow by 1.17% in 2010 to THB253.7bn (US$7.65bn).
Sep 20, 2010 – Despite the sensational scale of the government's clash with the United Front for Democracy Against Dictatorship (UDD), or the 'Red Shirts' as they are better-known, the Thai economy appears to have shrugged off the impact of the unrest within weeks. With the exception of those linked with the tourism sector, most industries - including the construction industry - have been largely unscathed by the April-June 2010 conflict on the face of it. Thailand's construction sector will follow the country's wider economy and exports, which have been growing strongly in recent months. The sector will have emerged from a two-year recession this year, after contracting by 5.35% in 2009 to THB244bn (US$7.12bn). BMI expects to see the sector grow by 1.17% in 2010 to THB253.7bn (US$7.65bn).
