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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Sales of land on Thai industrial estates and parks increased by 63.3% year on year, the total value of Board of Investment (BOI) approved projects increased significantly by 76.5% year on year in the first half of 2007, according to the latest Thailand Industrial Market View published by CB Richard Ellis.
960 rai (384 acres) of [...]
