Thailand Infrastructure Report Q4 2013 - New Report Available
Construction growth in Q213 has taken a dip, to reach 5.0%, confirming our view that growth in the Thai construction sector could decelerate from the heights seen in 2012 despite a relatively conducive monetary environment and a robust project pipeline. As such, we are maintaining our full-year construction forecasts for 2013 and 2014, with construction real growth reaching 5.2% in 2013 and 4.5% in 2014. This deceleration is primarily due to delays in implementing several initiatives intended to spur infrastructure...
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