Construction in Thailand - Key Trends and Opportunities to 2018

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Jul 28, 2014, 03:28 ET

NEW YORK, July 28, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Construction in Thailand – Key Trends and Opportunities to 2018

http://www.reportlinker.com/p01634370/Construction-in-Thailand-–-Key-Trends-and-Opportunities-to-2018.html

Synopsis

This report provides detailed market analysis, information and insights into the Thai construction industry, including:
• The Thai construction industry's growth prospects by market, project type and type of construction activity
• Analysis of equipment, material and service costs across each project type within Thailand
• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Thai construction industry
• Profiles of the leading operators in the Thai construction industry.
• Data highlights of the largest construction projects in Thailand

Summary

The Thai construction industry registered a compound annual growth rate (CAGR) of 6.03% during the review period (2009–2013). This growth was supported by public and private investments in Thai residential, infrastructural and commercial construction projects. The introduction of Real Estate Investment Trust (REIT) in January 2013 also helped to boost the country's construction activities. Political and social uncertainties are expected to lead to comparatively moderate growth rates over the forecast period (2014?2018) when compared with the review period. The construction industry's output is expected to grow at a forecast-period CAGR of 3.19%, supported by the government investments in infrastructure development, with an aim to become the regional hub of the proposed ASEAN Economic Council (AEC) in 2015.

Scope

This report provides a comprehensive analysis of the construction industry in Thailand. It provides:
• Historical (2009-2013) and forecast (2014-2018) valuations of the construction industry in Thailand using construction output and value-add methods
• Segmentation by sector (commercial, industrial, infrastructure, institutional and residential) and by project type
• Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)
• Analysis of key construction industry issues, including regulation, cost management, funding and pricing
• Detailed profiles of the leading construction companies in Thailand

Reasons To Buy

• Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
• Assess market growth potential at a micro-level with over 600 time-series data forecasts
• Understand the latest industry and market trends
• Formulate and validate business strategies using Timetric's critical and actionable insight
• Assess business risks, including cost, regulatory and competitive pressures
• Evaluate competitive risk and success factors

Key Highlights

• Political protests in Bangkok, the country's capital, started at the end of 2013 and continued into the first quarter of 2014 – these have had a negative impact on the country's construction industry. According to the Office of the National Economic and Social Development Board, the construction industry's value add at constant prices declined by 12.4%, from THB26.2 billion (US$852.8 million) in the first quarter of 2013 to THB22.9 billion (US$727.1 million) in the first quarter of 2014. In real value-add terms, the industry contracted by 8.5% annually in the fourth quarter of 2013, following a decline of 2.2% in the third quarter of 2013. During the first quarter of 2014, total private investments in construction declined by 7.8% from the same period in 2013, and by 4.6% during the fourth quarter of 2013. In addition, total public investments declined by 17.1% in the first quarter of 2014 and by 13.2% in the fourth quarter of 2013. Owing to political and social turbulence and deterioration in the business environment, the construction industry is expected to remain weak in the short term. However, the total outlook for construction in Thailand over the forecast period remains positive.

• According to the Ministry of Energy (MoEN), the country's energy demand is projected to increase from 160,705.5GWh in 2011 to 246,164GWh in 2020, and even 346,767GWh by 2030. In a bid to maintain the balance between supply and demand, the government approved Thailand Power Development Plan 2010–2030 (PDP2010) in 2011. The need to match generation capacity with rising demand is expected to support growth in energy infrastructure over the forecast period.

• Thailand is investing heavily in the development of rail infrastructure, and has launched several mass transit routes. Some projects are currently under construction, such as the Sukhumvit Line (Green Line) extension, which includes the expansion of Green Line from Mo Chit to KhuKhot and from Bearing to Samutprakarn, and the 23km long Purple Line mass rapid heavy rail project, which will connect Tao Bang Yai with Tao Poon in Bang Sue.

• To cope with the increasing demand for air travel from both domestic and international passengers, several new airport concessions are being considered by the Thai government. Three international airports in Bangkok and Phuket are now being upgraded.

• To become the regional hub of the proposed ASEAN Economic Council (AEC) in 2015, the government is focusing more on industrial construction. To promote trade and investment in the country, the Industrial Estate Authority of Thailand (IEAT) is planning to develop four industrial parks in the country by 2015.

Table of Contents
1 Executive Summary
2 Market Overview
2.1 Key Trends and Issues
2.2 Benchmarking by Market Size and Growth
3 Commercial Construction
3.1 Performance Outlook
3.2 Key Trends and Issues
3.3 Data and Project Highlights
4 Industrial Construction
4.1 Performance Outlook
4.2 Key Trends and Issues
4.3 Data and Project Highlights
5 Infrastructure Construction
5.1 Performance Outlook
5.2 Key Trends and Issues
5.3 Data and Project Highlights
6 Institutional Construction
6.1 Performance Outlook
6.2 Key Trends and Issues
6.3 Data and Project Highlights
7 Residential Construction
7.1 Performance Outlook
7.2 Key Trends and Issues
7.3 Data and Project Highlights
8 Company Profile: Italian-Thai Development Public Co. Ltd
8.1 Italian-Thai Development Public Co. Ltd – Company Overview
8.2 Italian-Thai Development Public Co. Ltd – Main Services
8.3 Italian-Thai Development Public Co. Ltd – History
8.4 Italian-Thai Development Public Co. Ltd – Company Information
8.4.1 Italian-Thai Development Public Co. Ltd – key competitors
8.4.2 Italian-Thai Development Public Co. Ltd – key employees
9 Company Profile: Pruksa Real Estate Public Company Ltd
9.1 Pruksa Real Estate Public Company Ltd – Company Overview
9.2 Pruksa Real Estate Public Company Ltd – Main Services
9.3 Pruksa Real Estate Public Company Ltd – Company Information
9.3.1 Pruksa Real Estate Public Company Ltd – key competitors
9.3.2 Pruksa Real Estate Public Company Ltd – key employees
10 Company Profile: CH. Karnchang Public Company Ltd
10.1 CH. Karnchang Public Company Ltd – Company Overview
10.2 CH. Karnchang Public Company Ltd – Main Services
10.3 CH. Karnchang Public Company Ltd – Company Information
10.3.1 CH. Karnchang Public Company Ltd – key competitors
10.3.2 CH. Karnchang Public Company Ltd – key employees
11 Company Profile: Sino-Thai Engineering & Construction Public Company Ltd
11.1 Sino-Thai Engineering & Construction Public Company Ltd – Company Overview
11.2 Sino-Thai Engineering & Construction Public Company Ltd – Main Services
11.3 Sino-Thai Engineering & Construction Public Company Ltd – History
11.4 Sino-Thai Engineering & Construction Public Company Ltd – Company Information
11.4.1 Sino-Thai Engineering & Construction Public Company Ltd – key competitors
11.4.2 Sino-Thai Engineering & Construction Public Company Ltd – key employees
12 Company Profile: Christiani & Nielsen (Thai) Public Company Ltd
12.1 Christiani & Nielsen (Thai) Public Company Ltd – Company Overview
12.2 Christiani & Nielsen (Thai) Public Company Ltd – Main Services
12.3 Christiani & Nielsen (Thai) Public Company Ltd – History
12.4 Christiani & Nielsen (Thai) Public Company Ltd – Company Information
12.4.1 Christiani & Nielsen (Thai) Public Company Ltd – key competitors
12.4.2 Christiani & Nielsen (Thai) Public Company Ltd – key employees
13 Market Data Analysis
13.1 Construction Output and Value Add
13.1.1 Construction output by project type
13.1.2 Construction output by cost type
13.1.3 Construction output by activity type
13.1.4 Construction value add by project type
13.2 Commercial Construction
13.2.1 Commercial construction output by project type
13.2.2 Commercial construction output by cost type
13.2.3 Commercial construction output by activity type
13.2.4 Commercial construction value add by project type
13.3 Industrial Construction
13.3.1 Industrial construction output by project type
13.3.2 Industrial construction output by cost type
13.3.3 Industrial construction output by activity type
13.3.4 Industrial construction value add by project type
13.4 Infrastructure Construction
13.4.1 Infrastructure construction output by project type
13.4.2 Infrastructure construction output by cost type
13.4.3 Infrastructure construction output by activity type
13.4.4 Infrastructure construction value add by project type
13.5 Institutional Construction
13.5.1 Institutional construction output by project type
13.5.2 Institutional construction output by cost type
13.5.3 Institutional construction output by activity type
13.5.4 Institutional construction value add by project type
13.6 Residential Construction
13.6.1 Residential construction output by project type
13.6.2 Residential construction output by cost type
13.6.3 Residential construction output by activity type
13.6.4 Residential construction value add by project type
14 Appendix
14.1 What is This Report About?
14.2 Definitions
14.3 Summary Methodology
14.4 Methodology
14.5 Contact Timetric
14.6 About Timetric
14.7 Timetric's Services
14.8 Disclaimer

List of Tables

Table 1: Benchmarking with Other Major Construction Industries
Table 2: Commercial Construction Project 1 – CRC – Phuket Retail Complex Expansion – Chiang Mai Province
Table 3: Commercial Construction Project 2 – Mall Group – Blu Pearl Phuket Development – Phuket Province
Table 4: Commercial Construction Project 3 – PF – Ratchadaphisek Shopping Mall – Bangkok
Table 5: Industrial Construction Project 1 – PTTGC – Olefins Cracker Facility – Thailand
Table 6: Industrial Construction Project 2 – MCL – Minebea Electronic Parts Factory – Lop Buri
Table 7: Industrial Construction Project 3 – NMTL – Minebea Rolling Bearing Parts Manufacturing Plant – Ayutthaya
Table 8: Infrastructure Construction Project 1 – SRT/MoT – Bangkok to Padang Besar High-Speed Railway Line – Thailand
Table 9: Infrastructure Construction Project 2 – SRT – Bangkok to Chiang Mai High Speed Railway Line – Thailand
Table 10: Infrastructure Construction Project 3 – GoL – Thailand to China High-Speed Railway Line – Thailand
Table 11: Institutional Construction Project 1 – UTCC – University of Thai Chamber of Commerce New Campus – Nonthaburi
Table 12: Institutional Construction Project 2 – DFAT – New Australian Embassy Complex – Bangkok
Table 13: Institutional Construction Project 3 – CU – Chulalongkorn University Expansion – Thailand
Table 14: Residential Construction Project 1 – BLAND – Srinakarin Housing Development – Bangkok
Table 15: Residential Construction Project 2 – PRE – Sukhumvit Park 24 Residential Development – Bangkok
Table 16: Residential Construction Project 3 – BTS – Abstracts Phahonyothin Park Condominium – Bangkok
Table 17: Italian-Thai Development Public Co. Ltd, Key Facts
Table 18: Italian-Thai Development Public Co. Ltd, Main Services
Table 19: Italian-Thai Development Public Co. Ltd, History
Table 20: Italian-Thai Development Public Co. Ltd, Key Employees
Table 21: Pruksa Real Estate Public Company Ltd, Key Facts
Table 22: Pruksa Real Estate Public Company Ltd, Main Services
Table 23: Pruksa Real Estate Public Company Ltd, Key Employees
Table 24: CH. Karnchang Public Company Ltd, Key Facts
Table 25: CH. Karnchang Public Company Ltd, Main Services
Table 26: CH. Karnchang Public Company Ltd, Key Employees
Table 27: Sino-Thai Engineering & Construction Public Company Ltd, Key Facts
Table 28: Sino-Thai Engineering & Construction Public Company Ltd, Main Services
Table 29: Sino-Thai Engineering & Construction Public Company Ltd, History
Table 30: Sino-Thai Engineering & Construction Public Company Ltd, Key Employees
Table 31: Christiani & Nielsen (Thai) Public Company Ltd, Key Facts
Table 32: Christiani & Nielsen (Thai) Public Company Ltd, Main Services
Table 33: Christiani & Nielsen (Thai) Public Company Ltd, History
Table 34: Christiani & Nielsen (Thai) Public Company Ltd, Key Employees
Table 35: Thai Construction Output by Project Type (THB Million), 2009–2013
Table 36: Thai Construction Output by Project Type (THB Million), 2013–2018
Table 37: Thai Construction Output by Cost Type (THB Million), 2009–2013
Table 38: Thai Construction Output by Cost Type (THB Million), 2013–2018
Table 39: Thai Construction Output by Activity Type (THB Million), 2009–2013
Table 40: Thai Construction Output by Activity Type (THB Million), 2013–2018
Table 41: Thai Construction Value Add by Project Type (THB Million), 2009–2013
Table 42: Thai Construction Value Add by Project Type (THB Million), 2013–2018
Table 43: Thai Commercial Construction Output by Project Type (THB Million), 2009–2013
Table 44: Thai Commercial Construction Output by Project Type (THB Million), 2013–2018
Table 45: Thai Commercial Construction Output by Cost Type (THB Million), 2009–2013
Table 46: Thai Commercial Construction Output by Cost Type (THB Million), 2013–2018
Table 47: Thai Commercial Construction Output by Activity Type (THB Million), 2009–2013
Table 48: Thai Commercial Construction Output by Activity Type (THB Million), 2013–2018
Table 49: Thai Commercial Construction Value Add by Project Type (THB Million), 2009–2013
Table 50: Thai Commercial Construction Value Add by Project Type (THB Million), 2013–2018
Table 51: Thai Industrial Construction Output by Project Type (THB Million), 2009–2013
Table 52: Thai Industrial Construction Output by Project Type (THB Million), 2013–2018
Table 53: Thai Industrial Construction Output by Cost Type (THB Million), 2009–2013
Table 54: Thai Industrial Construction Output by Cost Type (THB Million), 2013–2018
Table 55: Thai Industrial Construction Output by Activity Type (THB Million), 2009–2013
Table 56: Thai Industrial Construction Output by Activity Type (THB Million), 2013–2018
Table 57: Thai Industrial Construction Value Add by Project Type (THB Million), 2009–2013
Table 58: Thai Industrial Construction Value Add by Project Type (THB Million), 2013–2018
Table 59: Thai Infrastructure Construction Output by Project Type (THB Million), 2009–2013
Table 60: Thai Infrastructure Construction Output by Project Type (THB Million), 2013–2018
Table 61: Thai Infrastructure Construction Output by Cost Type (THB Million), 2009–2013
Table 62: Thai Infrastructure Construction Output by Cost Type (THB Million), 2013–2018
Table 63: Thai Infrastructure Construction Output by Activity Type (THB Million), 2009–2013
Table 64: Thai Infrastructure Construction Output by Activity Type (THB Million), 2013–2018
Table 65: Thai Infrastructure Construction Value Add by Project Type (THB Million), 2009–2013
Table 66: Thai Infrastructure Construction Value Add by Project Type (THB Million), 2013–2018
Table 67: Thai Institutional Construction Output by Project Type (THB Million), 2009–2013
Table 68: Thai Institutional Construction Output by Project Type (THB Million), 2013–2018
Table 69: Thai Institutional Construction Output by Cost Type (THB Million), 2009–2013
Table 70: Thai Institutional Construction Output by Cost Type (THB Million), 2013–2018
Table 71: Thai Institutional Construction Output by Activity Type (THB Million), 2009–2013
Table 72: Thai Institutional Construction Output by Activity Type (THB Million), 2013–2018
Table 73: Thai Institutional Construction Value Add by Project Type (THB Million), 2009–2013
Table 74: Thai Institutional Construction Value Add by Project Type (THB Million), 2013–2018
Table 75: Thai Residential Construction Output by Project Type (THB Million), 2009–2013
Table 76: Thai Residential Construction Output by Project Type (THB Million), 2013–2018
Table 77: Thai Residential Construction Output by Cost Type (THB Million), 2009–2013
Table 78: Thai Residential Construction Output by Cost Type (THB Million), 2013–2018
Table 79: Thai Residential Construction Output by Activity Type (THB Million), 2009–2013
Table 80: Thai Residential Construction Output by Activity Type (THB Million), 2013–2018
Table 81: Thai Residential Construction Value Add by Project Type (THB Million), 2009–2013
Table 82: Thai Residential Construction Value Add by Project Type (THB Million), 2013–2018
Table 83: Timetric Construction Market Definitions

List of Figures

Figure 1: Growth Matrix for Construction Output in Thailand (%), 2009–2018
Figure 2: Benchmarking with Other Major Construction Industries (%), 2009–2018
Figure 3: Thai Commercial Construction Output (US$ Million), 2009–2018
Figure 4: Thai Industrial Construction Output (US$ Million), 2009–2018
Figure 5: Thai Infrastructure Construction Output (US$ Million), 2009–2018
Figure 6: Thai Institutional Construction Output (US$ Million), 2009–2018
Figure 7: Thai Residential Construction Output (US$ Million), 2009–2018
Figure 8: Thai Construction Output by Project Type (THB Million), 2009–2018
Figure 9: Thai Construction Output by Cost Type (THB Million), 2009–2018
Figure 10: Thai Construction Output by Activity Type (THB Million), 2009–2018
Figure 11: Thai Construction Value Add by Project Type (THB Million), 2009–2018
Figure 12: Thai Commercial Construction Output by Project Type (THB Million), 2009–2018
Figure 13: Thai Commercial Construction Output by Cost Type (THB Million), 2009–2018
Figure 14: Thai Commercial Construction Output by Activity Type (THB Million), 2009–2018
Figure 15: Thai Commercial Construction Value Add by Project Type (THB Million), 2009–2018
Figure 16: Thai Industrial Construction Output by Project Type (THB Million), 2009–2018
Figure 17: Thai Industrial Construction Output by Cost Type (THB Million), 2009–2018
Figure 18: Thai Industrial Construction Output by Activity Type (THB Million), 2009–2018
Figure 19: Thai Industrial Construction Value Add by Project Type (THB Million), 2009–2018
Figure 20: Thai Infrastructure Construction Output by Project Type (THB Million), 2009–2018
Figure 21: Thai Infrastructure Construction Output by Cost Type (THB Million), 2009–2018
Figure 22: Thai Infrastructure Construction Output by Activity Type (THB Million), 2009–2018
Figure 23: Thai Infrastructure Construction Value Add by Project Type (THB Million), 2009–2018
Figure 24: Thai Institutional Construction Output by Project Type (THB Million), 2009–2018
Figure 25: Thai Institutional Construction Output by Cost Type (THB Million), 2009–2018
Figure 26: Thai Institutional Construction Output by Activity Type (THB Million), 2009–2018
Figure 27: Thai Institutional Construction Value Add by Project Type (THB Million), 2009–2018
Figure 28: Thai Residential Construction Output by Project Type (THB Million), 2009–2018
Figure 29: Thai Residential Construction Output by Cost Type (THB Million), 2009–2018
Figure 30: Thai Residential Construction Output by Activity Type (THB Million), 2009–2018
Figure 31: Thai Residential Construction Value Add by Project Type (THB Million), 2009–2018