Sany Thaiyont Co, the distributor of Chinese-made excavators, sees bright prospects in the domestic construction sector, with its sales expected to almost double this year despite the pandemic.
State infrastructure projects, including development of industrial facilities in the Eastern Economic Corridor as well as road construction and repair projects, will benefit the heavy machinery business, said Yotsawat Ruangraklikhit, chief executive of Sany Thaiyont.
The company is a joint venture between Sany Heavy Machinery under China-based Sany Group and Thaiyont Equipment Co, a subsidiary of Thaiyont Tractor.
“The government is expected to lift the heavy machinery market, while the private sector has delayed development projects because of the Covid-19 impact,” he said.
In addition to excavators, Sany Thaiyont also sells wheeled loaders, compactors and drilling…
