SJWD Logistics Plc is projecting revenue of 30 billion baht this year, thanks to business expansion and merger and acquisition plans.
Jointly established by JWD InfoLogistics and Siam Cement Group (SCG), the company expects to benefit from the growing electric vehicle (EV) market in Thailand by providing transport services for EV manufacturers.
“The company plans to set up a new firm to carry EV components from China to EV factories in Thailand,” said Charvanin Bunditkitsada, co-chief executive of SJWD.
He did not indicate what year this new business would take shape,…