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Thailand: Five Largest Construction Projects Started in Q4 2022

  • With a project value of $1,000 million, the Foxconn/ PTT Public Co – Thailand Battery Electric Vehicle Manufacturing Plant – Chon Buri project was the largest construction project in Thailand, on which construction started in Q4 2022. The Foxconn/ PTT Public Co – Thailand Battery Electric Vehicle Manufacturing Plant – Chon Buri project is located in Chon Buri(CITY), Thailand and initially announced in Q1 2021 with an estimated completion in Q4 2024. The Hotel Okura – Grand Nikko Bangkok Sathorn Hotel – Bangkok project was the second-largest project with a project value of $208 million, on which construction work started in Q4 2022. The Hotel Okura – Grand Nikko Bangkok Sathorn Hotel – Bangkok project is located in Bangkok(CITY), Thailand and initially announced in Q1 2022 with an estimated completion in Q4 2025.

  • The Habitat Group – Walden Thonglor 13 Residential Complex – Bangkok project was the third-largest project, the CMC Group – Cerocco-Bangna 36 Condominium Development – Bangkok was the fourth-largest project, and the LPN Dev – Lumpini Place Chaengwattana-Pakkret Station Condominium Tower – Nonthaburi was the fifth-largest project with a project value of $42 million, $38 million and $36 million respectively. The Habitat Group – Walden Thonglor 13 Residential Complex – Bangkok project located in Thailand was announced in Q1 2018 with an estimated completion in Q3 2024, the CMC Group – Cerocco-Bangna 36 Condominium Development – Bangkok project located in Thailand was announced in Q1 2020 with an estimated completion in Q4 2023 and the LPN Dev – Lumpini Place Chaengwattana-Pakkret Station Condominium Tower – Nonthaburi project located in Thailand was announced in Q1 2022 with an estimated completion in Q4 2024.

  • Among the five largest projects, the Hotel Okura – Grand Nikko Bangkok Sathorn Hotel – Bangkok project is the longest in terms of completion date, with construction expected to be completed in Q4 2025. On the other hand, the CMC Group – Cerocco-Bangna 36 Condominium Development – Bangkok project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.

Thailand: Five Largest Construction Projects Started in Q4 2022

Published: July 2022
Source: GlobalData

Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Explore the latest trends and actionable insights on the Construction Projects market to inform business strategy and pinpoint opportunities and risks. Visit Report Store
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