Supalai sets sights on the Philippines | Bangkok Post: property

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Supalai sets sights on the Philippines

Developer attracted by economic growth

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Supalai Plc (SPALI), the SET-listed developer, is stepping up its international expansion with plans to spend 2 billion baht this year starting with the Philippines. 

President Prateep Tangmatitham said while Indochina in general is attractive for investment, the Philippines is even more so.

"Economic and population growth in the Philippines is higher than in Thailand," said Mr Prateep, who was ranked Thailand's 31st-richest person by Forbes magazine last year.

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