In 2024, the construction industry's investment value for the public sector in Thailand amounted to around *** billion Thai baht. The total construction investment value amounted to nearly *** trillion Thai baht in the same year. Although the construction industry in the country has been severely interrupted by the COVID-19 pandemic in the past years, resulting in temporary shutdowns of construction sites, the industry still has great potential for growth in the future. The Thai economy and the construction industry The construction sector plays a major role in the country’s economy, since it also serves as the basis of growth for other sectors. The GDP from the construction sector has increased throughout the years, signaling the sector’s rising importance. Since the number of permitted construction units has increased in recent years, this contributes to the expansion of both, commercial and residential construction and real estate markets in Thailand. The development of the construction industry The construction industry’s growth has been partly influenced by the demand for residential living units. Furthermore, there has been more construction for shopping malls and restaurants in the country to satisfy consumer needs. The higher demand for living units has also led to an increase in greater supply of condominiums, especially in Bangkok and its peripheral areas. Currently, the Thai government is aiming to shape some areas into special economic zones focused towards industrial growth. This policy is the potential driving force of a greater growth in construction in the country.

In 2024, the construction sector contributed over *** billion Thai baht to Thailand's GDP. Such value also increased in recent years. In that same year, Thailand's service industries' total GDP amounted to over ** trillion Thai baht. Construction works in the public sector The public sector dominates the construction industry in Thailand. In which the government directly invests in construction projects or jointly invests with private enterprises for the public benefit, such as utility projects, schools, hospitals, and infrastructure for trains, bridges, and other buildings. In 2023, the investment value of the construction industry in the public sector of Thailand slightly decreased from the previous year. Construction works in the private sector As for construction in the private sector, it also contributes a great deal to the industry in Thailand. The country’s construction works in the private sector include residences, commercial buildings, and industrial factories. In 2023, there were around *** thousand newly established factories in Thailand. However, unlike construction in the public sector, the market value of the private sector rose slightly in 2023 compared to the previous year.

Thailand Data Center Construction Market Report Segments the Industry Into Infrastructure (By Electrical Infrastructure, by Mechanical Infrastructure, General Construction), by Tier Type (Tier 1 and 2, Tier 3, Tier 4), by Data Center Type (Colocation, Self-Built Hyperscalers (CSPs) and More). The Market Sizes and Forecasts are Provided in Terms of Value (USD Million) for all the Above Segments.

GDP from Construction in Thailand decreased to 73702 THB Million in the third quarter of 2023 from 81624 THB Million in the second quarter of 2023. This dataset provides the latest reported value for - Thailand Gdp From Construction - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2022, the Thai workers in the construction industry in Thailand made up of around ** percent of total construction workers in the country. For the past years, most of construction workers in the country aged between 15 to 40 years.

Thailand Employment: WK: NA: Construction data was reported at 2,040.320 Person th in Sep 2025. This records a decrease from the previous number of 2,268.550 Person th for Jun 2025. Thailand Employment: WK: NA: Construction data is updated quarterly, averaging 2,214.250 Person th from Mar 2011 (Median) to Sep 2025, with 59 observations. The data reached an all-time high of 2,840.780 Person th in Mar 2013 and a record low of 1,962.340 Person th in Dec 2017. Thailand Employment: WK: NA: Construction data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.G: Labour Force Survey: Age 15 and Over: Employment by Industry: By ISIC: Quarterly.

The size of the Thailand Data Center Construction Market market was valued at USD XX Million in 2024 and is projected to reach USD XXX Million by 2033, with an expected CAGR of 12.53% during the forecast period. Recent developments include: February 2023:Singapore Telecom Limited (Singtel), Gulf Energy Development PLC (Gulf), and Advanced Info Services PLC (AIS), established a joint venture to build a 20 MW capacity data center in Thailand by 2025. This facility will be operated by GSA Data Center Company Limited (GSA). The company aims to match the large-scale data center requirements of cloud players in the country.. Key drivers for this market are: 9.1 Migration to Cloud by large businesses9.2 Established 'Mobile-First' Landscape Since the Recent Past. Potential restraints include: 10.1 Shortage of Skilled Professionals Presenting a Challenge for Several Contractors. Notable trends are: Tier 3 is the Largest Tier Type.

Thailand Construction Permits: Commercial Building (Commercial): Total data was reported at 2,612.758 Unit in Jun 2018. This records a decrease from the previous number of 2,632.625 Unit for Mar 2018. Thailand Construction Permits: Commercial Building (Commercial): Total data is updated quarterly, averaging 3,099.000 Unit from Mar 2010 (Median) to Jun 2018, with 34 observations. The data reached an all-time high of 3,983.000 Unit in Sep 2013 and a record low of 2,272.000 Unit in Dec 2011. Thailand Construction Permits: Commercial Building (Commercial): Total data remains active status in CEIC and is reported by Real Estate Information Center. The data is categorized under Global Database’s Thailand – Table TH.EA005: Construction Permits: Real Estate Information Center.

Thailand Construction Area Permitted: Whole Kingdom data was reported at 4,461.110 sq m th in May 2018. This records an increase from the previous number of 3,921.840 sq m th for Apr 2018. Thailand Construction Area Permitted: Whole Kingdom data is updated monthly, averaging 4,971.520 sq m th from Jan 2008 (Median) to May 2018, with 125 observations. The data reached an all-time high of 7,731.110 sq m th in Sep 2014 and a record low of 2,787.290 sq m th in Jan 2009. Thailand Construction Area Permitted: Whole Kingdom data remains active status in CEIC and is reported by Bank of Thailand. The data is categorized under Global Database’s Thailand – Table TH.EA001: Construction Area Permitted.

Discover the booming Thailand construction market, projected to grow at a CAGR exceeding 5% until 2033. This comprehensive analysis explores market size, key drivers, trends, restraints, and leading companies, offering valuable insights for investors and industry professionals. Explore market segmentation by sector & project type. Key drivers for this market are: Thailand was emphasizing renewable energy projects and sustainable construction practices, Thai government was investing in various infrastructure projects to improve connectivity, transportation. Potential restraints include: Construction projects in Thailand often experienced delays and cost overruns due to factors such as unforeseen site conditions, Political and Economic Uncertainty. Notable trends are: Increase in road infrastructure projects.

For 2023 to 2027, the construction investment budget for rail and public transportation in Thailand accounted for around ** percent of the total budget investment. The investment budget for road transport came in second, accounting for about ** percent. The total budget for construction investment in the country amounted to approximately ***** billion Thai baht for that same period.

Thailand GDP: NA: Construction data was reported at 402,916.000 THB mn in 2016. This records an increase from the previous number of 379,940.000 THB mn for 2015. Thailand GDP: NA: Construction data is updated yearly, averaging 263,388.000 THB mn from Dec 1990 (Median) to 2016, with 27 observations. The data reached an all-time high of 402,916.000 THB mn in 2016 and a record low of 135,577.000 THB mn in 1990. Thailand GDP: NA: Construction data remains active status in CEIC and is reported by National Economic and Social Development Board. The data is categorized under Global Database’s Thailand – Table TH.A009: SNA1993: GDP: by Industry: Current Price (Annual).

The Thailand data center construction market is booming, with a 9.05% CAGR. This in-depth analysis reveals key drivers, trends, and market segments, projecting continued growth through 2033. Discover opportunities in cooling technologies, Tier 4 facilities, and key end-user sectors. Recent developments include: May 2024: NTT initiated the construction of a new data center in Bangkok, Thailand. This facility, designated as tier 3, boasts an impressive 12 MW of IT capacity. Spanning 4,000 sq. m (43,055 sq ft), the center will be strategically positioned next to BKK2 within the Amata City Chonburi industrial estate. Initially projected at a cost of USD 90 million, NTT aimed to have the facility operational by the latter half of 2024., February 2023: Singapore Telecom Limited (Singtel), Gulf Energy Development PLC (Gulf), and Advanced Info Services PLC (AIS) partnered to form a joint venture. Their goal is to construct a 20 MW data center in Thailand by 2025. The operation of this facility will fall under the purview of GSA Data Center Company Limited (GSA), with a specific focus on catering to the burgeoning demands of cloud service providers in Thailand.. Key drivers for this market are: 4., Initiatives to Increase Cloud Computing and Data Services4.; Government Push to Implement Digital Programs. Potential restraints include: 4., Initiatives to Increase Cloud Computing and Data Services4.; Government Push to Implement Digital Programs. Notable trends are: Tier 3 is the Largest Tier Type.

In 2024, Thailand's residential construction sector is experiencing a notable downturn, with the approved area for residential building construction shrinking to **** million square meters. This represents a significant decrease from previous years. The decline in permitted area coincides with a sharp reduction in the number of residential building permits issued, which fell to approximately ****** units.

Thailand Construction Permits: Factory Building (Factory): Total data was reported at 781.906 Unit in Mar 2018. This records a decrease from the previous number of 943.000 Unit for Dec 2017. Thailand Construction Permits: Factory Building (Factory): Total data is updated quarterly, averaging 869.000 Unit from Mar 2010 (Median) to Mar 2018, with 33 observations. The data reached an all-time high of 1,114.000 Unit in Sep 2015 and a record low of 491.000 Unit in Dec 2011. Thailand Construction Permits: Factory Building (Factory): Total data remains active status in CEIC and is reported by Real Estate Information Center. The data is categorized under Global Database’s Thailand – Table TH.EA005: Construction Permits: Real Estate Information Center.

Forecast: Contribution to GDP of Construction in Thailand 2024 - 2028 Discover more data with ReportLinker!

In 2024, the investment value of Thailand's public construction sector amounted to around *** billion Thai baht. That same year, the total construction investment value was nearly *** trillion Thai baht.

Comprehensive dataset containing 874 verified Construction company businesses in Pathum Thani, Thailand with complete contact information, ratings, reviews, and location data.

Thailand Construction Permits: HH: Number of Buildings: West data was reported at 8.000 Unit in Jun 2018. This records a decrease from the previous number of 9.000 Unit for Mar 2018. Thailand Construction Permits: HH: Number of Buildings: West data is updated quarterly, averaging 14.000 Unit from Mar 2016 (Median) to Jun 2018, with 10 observations. The data reached an all-time high of 22.000 Unit in Dec 2017 and a record low of 8.000 Unit in Jun 2018. Thailand Construction Permits: HH: Number of Buildings: West data remains active status in CEIC and is reported by Real Estate Information Center. The data is categorized under Global Database’s Thailand – Table TH.EA005: Construction Permits: Real Estate Information Center.

Comprehensive dataset containing 18 verified Construction businesses in Nong Khai, Thailand with complete contact information, ratings, reviews, and location data.