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Thursday, May 16, 2024

Industrial estate firm WHA to invest B50bn over 5 years

WHA Corporation Plc (photo supplied)

Thai warehouse and industrial zone developer WHA Corporation Plc announced plans on Wednesday for new income streams by investing 50 billion baht ($1.51 billion) over the next five years to expand in Vietnam and in digital technology.

It will focus on technologies including artificial intelligence, robotics and will explore opportunities like green transportation, it said in a statement.

“For the next five years, we will continue the digital transformation across all our businesses,” chief executive Jareeporn Jarukornsakul said.

The bulk of the investment will be through its logistics and industrial development arms and 10 billion baht will be under utilities and the remaining 4 billion baht will go to digital, the company said

WHA plans to add 268.8 hectares (664…

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