Published by
The Bangkok Post
The Bangkok Post
Frasers allocates B10bn to increase industrial space Firm eyes 4 million sq m by 2025 Frasers Property Industrial (Thailand) or FPIT plans to spend 10 billion baht to increase industrial space from 3 million square metres to 4 million sq m by 2025, with 50% of new development aimed at the “new economy” segment. Chief executive Sopon Racharaksa said the 10-billion-baht budget for this year is more than three times higher than the average of 3 billion projected for previous years. In 2022, FPIT plans to open new space with a combined leasable area totalling 200,000 sq m, focusing on the same loc…