China Reopening Drives Demand for Industrial Land in Thailand
This article is for subscribers only.
WHA Corp., Thailand’s largest industrial estate developer, expects a pickup in return of Chinese investors following the reopening of borders to sustain a surge in demand for land to set up new factories.
WHA, which operates 12 industrial estates and four under development in Thailand and Vietnam, expects a “very good’ year with sales of about 1,200-1,300 rais (208 hectares) of land in the first half, or nearly 75% of its full-year target of 1,750 rais, Chief Executive Officer Jareeporn Jarukornsakul told a briefing Friday.