Leading Thai Developer Looks Abroad
Category: Real Estate
Listed Thai development company Supalai Plc are looking at diversifying overseas to create new a new project stream.
As Bangkok continues to be saturated with new properties as does the country's main provincial cities and destination, the company is taking a broader horizon.
Comments in the press lately pointed out the firm considering Indonesia, Myanmar, Sri Lanka and the Philippines amongst others.
It may look to joint ventures to spur growth and split into new markets.
Mitigating risk in politically volatile may be one of the other considerations is looking to leverage the company into other markets.
In a run up to 2015's AEC expectations are that more domestic Thai firms may start to look further than Thailand to stimulate sustainable growth.