Post by account_disabled on Dec 12, 2023 23:06:44 GMT -6
Financial liquidity risk and pressure from ESG trends as follows Construction costs are still high: In 2023, prices of construction materials such as steel and cement are likely to decrease slightly. But it is still at a high level and prices are still fluctuating during the year. In addition, the number of Thai workers in the construction sector who have returned has decreased. As a result, labor costs in the construction sector remain high. This brings about the risk that the profit margins of the operators will remain low. Financial liquidity risk: In 2023, entrepreneurs who mainly undertake government construction work will face challenging factors including delays in approving high-value government construction projects after the announcement.
The dissolution of parliament; Including preparation of the 2024 annual budget and disbursement. That may be delayed Phone Number List after the 4th quarter of 2023. Pressure from ESG trends: Regulatory pressure and the risk of announcing a halt to construction in certain periods, such as dense PM 2.5 dust and accidents in the construction area. Including pressure from business partners, customers and consumers, such as the use of environmentally friendly construction materials, Green supply chain, housing demand. and buildings that can accommodate more severe disasters Buildings that meet building standards that meet sustainability requirements Such challenges cause construction contractors to adjust their coping strategies, including.
Increasing the opportunity to earn income and control construction costs By developing potential and cooperate with partners in order to participate in bidding for a variety of construction works Be careful of bidding on price competition. Joint investment between the public and private sectors (PPP), including making contracts to purchase construction materials in advance. To be consistent with the needs of use Financial liquidity management By adjusting the proportion of government construction work. and the private sector appropriately Including completing construction as planned. To be able to disburse funds as scheduled Respond to ESG trends by finding partners with environmentally friendly construction materials. Increasing energy efficiency and invest in using construction technology.
The dissolution of parliament; Including preparation of the 2024 annual budget and disbursement. That may be delayed Phone Number List after the 4th quarter of 2023. Pressure from ESG trends: Regulatory pressure and the risk of announcing a halt to construction in certain periods, such as dense PM 2.5 dust and accidents in the construction area. Including pressure from business partners, customers and consumers, such as the use of environmentally friendly construction materials, Green supply chain, housing demand. and buildings that can accommodate more severe disasters Buildings that meet building standards that meet sustainability requirements Such challenges cause construction contractors to adjust their coping strategies, including.
Increasing the opportunity to earn income and control construction costs By developing potential and cooperate with partners in order to participate in bidding for a variety of construction works Be careful of bidding on price competition. Joint investment between the public and private sectors (PPP), including making contracts to purchase construction materials in advance. To be consistent with the needs of use Financial liquidity management By adjusting the proportion of government construction work. and the private sector appropriately Including completing construction as planned. To be able to disburse funds as scheduled Respond to ESG trends by finding partners with environmentally friendly construction materials. Increasing energy efficiency and invest in using construction technology.