
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.