Projects set to boost construction sector | Bangkok Post: business

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Projects set to boost construction sector

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The military regime's infrastructure development plan worth 2.4 trillion baht is expected to give a push to new business registrations, particularly for construction. 

Pongpun Gearaviriyapun, director-general of the Business Development Department, said the number of new registrations is expected to top 65,000 this year, with at least 7,000 expected for construction to cash in on the junta's economic stimulus and massive infrastructure development.

According to the department's latest report, 35,058 juristic persons sought registration in the first seven months of 2014, down 18% from the same period last year. Their total registered capital fell by 46% to 135.83 billion baht.

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