"Thailand Infrastructure Report Q1 2015" is now available at Fast Market Research

The near-term outlook for Thailand's construction and infrastructure sectors ha d improved due to greater political and policy certainty. However, at the time of writing the government had just postponed elections from October 2015 to an unspecified date in early 2016, which has the potential to prolong political uncertainty and incite further unrest. Further, the long-term outlook for both sectors remains highly uncertain due to the potential for further project delays, revisions and cancellations from political and financing factors.

Key Trends And Developments

* The NCPO had said it would hold democratic elections in October 2015. However, in November it was widely reported in the media that Deputy Prime Minister and Defence Minister Prawit Wongsuwan had stated that a general election would be set back until the start of 2016. This only hardens our view that a return to a well-functioning democracy is far from guaranteed in the near term.
* On October 4 2014, Thailand's transport minister, Air Chief Marshal Prajin Juntong, announced that it would proceed with the second phase of expansion for the Suvarnabhumi airport. The second phase is expected to cost THB62.5bn (USD1.9bn) and lift the passenger handling capacity of the airport from 45mn to 60mn a year. Besides increasing passenger handling capacity, the minister also stated that a third runway would be built at the airport at a cost of THB19bn. In our opinion, this announcement supports our view that the long-term outlook for Thailand's infrastructure remains highly uncertain. The announcement from Thailand's transport minister came after state-owned airport operator, Airport of Thailand, stated on September 19 2014 that it had put on hold the phase two expansion plans - the expansion project was expected to begin in December 2014 and be completed by end-2016.
* We are forecasting thermal generation and capacity in Thailand to grow by 2.2% and 3.4% respectively in 2015. The growth in...

Full Report Details at
- http://www.fastmr.com/prod/951135_thailand_infrastructure_report_q1_2015.aspx?afid=301

The Thailand Infrastructure Report features Business Monitor International (BMI)'s market assessment and forecasts covering public procurement and spending on all major infrastructure and construction projects, including transportation and logistics by land, sea and air; power plants and utilities, and commercial construction and property development. The report analyses the impact of regulatory changes and the macroeconomic outlook and features competitive intelligence on contractors and suppliers.

BMI's Thailand Infrastructure Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Thai infrastructure and construction industry.

Key Benefits

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