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Wednesday, May 1, 2024

THG set to spend B5bn on projects from 2023-25

Thonburi Bamrungmuang Hospital is located on Bamrungmuang Road in Bangkok.

SET-listed Thonburi Healthcare Group Plc (THG) will spend 5 billion baht between 2023 and 2025 funding various investment projects, including the construction of new hospitals in Thailand and Vietnam, as it aims to benefit from the full reopening of countries.

Investment in greenfield and brownfield projects as well as those initiated by startups are in the company’s focus, said Tanatip Suppradit, chief executive of THG.

“We are seeking new opportunities in the healthcare business which is recovering slowly, thanks to the full reopening of Thailand to boost tourism, and China’s reopening,” he said.

THG is conducting a feasibility study to invest in a new…

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