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Monday, May 6, 2024

NWR anticipates upsurge in state projects in second half

Nawarat Patanakarn is constructing the Thai-Chinese high speed railway from Bangkok to Nong Khai.

SET-listed contractor Nawarat Patanakarn (NWR) anticipates a surge in new construction jobs from the government sector, with contracts awarded by state agencies in the second half after a new government is installed.

Pasan Swasdiburi, senior vice-president of new business and strategic planning department at NWR, said new construction jobs from the state sector were meagre in the first half because of the election next month.

“New government construction jobs are expected to pick up in the second half of the year as the new government which is set to take charge in June will accelerate budget disbursement,” he said.

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