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Bangkok Post
Bangkok Post
Business

Prospect allots B5bn for new warehouse, factory space

Boasting a rental space of 110,000 square metres, BFTZ 3 Bangna-Trad KM19 is scheduled to be launched this month.

Factory and warehouse developer Prospect Development Co plans to invest 5 billion baht during 2022-24 to develop 480,000 square metres of new space in Bang Phli, Bang Pakong and Wang Noi to capitalise on strong demand from e-commerce businesses.

Managing director Rachanee Mahatdetkul said e-commerce business in Thailand had grown significantly, rising from 2.76 trillion baht in value in 2017 to 4 trillion last year, driven by a greater public acceptance of online purchases.

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