Industrial estate sales boom to persist

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Land sales in industrial estates are expected to remain robust in 2025, building on strong demand from last year, driven by changes in US import and foreign policies, according to property firm Cushman & Wakefield Thailand.

Surachet Kongcheep, head of research and consultancy, said these changes will have a significant impact on various industries, particularly businesses aiming to export to the US and manufacturers based in China.

“Since last year, we’ve observed an influx of investors from China, as well as investors and entrepreneurs from other countries with production bases in China moving into Thailand,” he said.

Although Thailand may not be the top destination for these businesses, it remains a key beneficiary of expected US tariff policy changes, especially those targeting Chinese goods, said Mr Surachet.

Although Thailand may not be the top destination for these businesses, it remains a key beneficiary of expected US tariff policy changes, especially those targeting Chinese goods, said Mr Surachet.

The shift is largely driven by the relocation of production bases to Thailand, a trend expected to continue throughout 2025 and beyond, until the US revises its trade policies.

Source: Bangkok Post

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