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Industrial estates in Thailand surge 182% due to foreign manufacturing influx


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Posted

So the increase is based on a year ago when in reality the world was stumbling to post Covid recovery? I just know on the Thai side here, I got complaints that there was less overtime about, and production was moving to Vietnam.

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Posted

5000 odd rai? The size of a modest village? Yes surging vs a low base. Tell me when the surge actually has factories on it, exporting.

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Posted

Whatever the relative increase is the headline "profit" vs revenue seems very high to me

Quote

In fiscal this year, the IEAT reported a revenue of 8.5 billion baht and a profit of 3.7 billion baht.

And the year hasn't even finished yet - depending on this company's fiscal.........

I am guessing also this is gross profit before taking off a myriad of other items.......... 

Posted

I'd suggest this is a matter for concern for any expats living in Rayong or parts of Chonburi. Road building and industrial infrastructure and the resulting pollution are going to increase dramatically over the next few years

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