BANGKOK: Building or structure, whose sections have been manufactured under factory conditions, and then assembled at the construction site to create the complete house, buildings or structure. Major key players in the construction market in Thailand
According to the construction market report, one driver in the market is rising investment in public infrastructure projects. The Thai government has been heavily investing in public infrastructure development projects in the recent years, which is expected to remain one of the major factors driving growth in the country’s construction market.
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Further, the construction market report states that one challenge in the market is construction labor and materials shortage. Thailand’s construction market is heavily dependent on foreign labor and material imports to run the industry. But, the country is currently facing challenges due to a shortage of manual labor and supply of construction materials, which may hinder the future growth in the construction market.
