Post by account_disabled on Dec 13, 2023 15:06:37 GMT 10
The value of the construction industry in 2023 is likely to expand. Keep an eye on the high cost challenge Liquidity risk and pressure from ESG trends The value of government construction in 2023 is likely to expand +3%YOY, reaching 817,000 million baht, from mega projects that have continued construction since the past have made progress. There is also an auction. and construction of new projects.
In addition, the investment budget in the 2023 annual Phone Number List budget increased +6%YOY and the accumulated investment budget disbursement rate from the beginning of the 2023 fiscal year to the end of March 2023 is still higher than the previous fiscal year. However, it is still There is a challenging factor in the delay in approving new government construction projects due to the formation of a new government after the election.
Including the preparation of the 2024 annual budget that may be delayed after the 4th quarter of 2023 and may have a continuing effect on the start of government construction projects in 2024. The value of private construction in 2023 is likely to expand to 586,000 million baht (+3%YOY), an expansion of the value of residential construction. Commercial real estate includes office buildings. and retail space, including renovating retail space and hotels to support the recovery of purchasing power in the country. and foreign tourists The construction sector still faces challenges.