Thailand construction industry spending to rise 5 to 5.5% from 2022 to 2023 driven by rapid ubranisation Public sector is a major driver with spending in infrastructure mega projects, especially in the Eastern Economic Corridor. Government backed projects are encouraging crowding-in of private sector investments, especially in industrial estate developments. Thailand economy growth is driving investments in residential and commercial developments New opportunities as regional governments continue to improve infrastructures in response to continued economic growth and urbanization Increased investments in adopting technology and use of digitization, building modeling systems, off-site construction, sustainable building materials, safety and human resource.
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