2014-02-10 00:30:04 - Thailand Water Report Q1 2014 - a new market research report on companiesandmarkets.com
The devastating floods in 2011 highlighted a deficit in Thailand´s flood preventive infrastructure and Thai government has been keen to address this, however we note that this might be to the detriment of the overall water sector as vital funds are channelled away into flood projects. Thailand has since completed its short-term flood prevention projects, but the country´s long-term flood prevention projects are still far from complete. We see significant scope for delays to the implementation of Thailand´s water management and flood prevention scheme.
Although contracts have been awarded public protests and impeachment proceedings against the government are likely to impede developments. As such, we do not expect the modules awarded under the scheme to make a major contribution to Thailand´s
construction activity in 2013 and 2014, with only fullscale construction works to start in 2015 at the earliest.
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