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14 Mar 2024

Real Estate and Construction

Total value of construction investment in 2024 set to grow by 1.9%, with expected disbursement of public investment in the second half(Current Issue No.3469)


    • KResearch projects that total value of construction investment (at current prices) in 2024 may reach THB 1.40 trillion, expanding by 1.9 percent YoY. However, this growth will remain lower than the pre-pandemic 5-year average of 4.1 percent (CAGR) during 2014-2018.
    • The total value of construction investment may see stronger growth in the latter half of the year, driven by the fiscal 2024 budget disbursement and the gradual recovery of purchasing power.

Real Estate and Construction