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Bangkok Post
Bangkok Post
Business

FPT plans B13.7bn investments

A factory unit in Rojana Industrial Estate in Prachin Buri, one of 27 industrial properties FPT will sell into FTREIT in September 2022.

SET-listed developer Frasers Property Thailand (FPT) plans to spend 13.7 billion baht on hotel, housing and industrial properties over the remainder of the year as the real estate sector continues to recover following the country's reopening.

Chief financial officer Somboon Wasinchutchawal said most of the investment budget, accounting for 10 billion baht, has been allocated to housing development business, including new land purchases and home construction.

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