SCI Annual Report 2015
Annual Report
Annual Report
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Provided, however, that Kasikorn Research Center expects that construction industry will receive positive consequences<br />
from the investments and various measures of State sector including the economic links in ASEAN Group after the opening of<br />
free AEC by expecting the construction investment value in 2016 to possibly grow in the frame of 5.5% - 5.7% comparing with<br />
<strong>2015</strong> that expanded at 10%.<br />
State Sector Projects: In <strong>2015</strong>, most of the State sector investments were continuous projects and small projects. The investments<br />
in large sized projects were hindered by a delay due to the reason that the State sector had increasingly imposed stricter<br />
inspecting measures. By the end of <strong>2015</strong>, the clarity on the investments in large sized communication infrastructure was<br />
obviously apparent. Particularly, during the second half of the preceded year, the investment budget in the lineup had increased<br />
over 20%-25% when comparing with the same period of the preceded year which accounted for the value of more than<br />
100,000 million Baht. The accelerated push on the 19 large sized investment projects with the total valuing of 1.6 trillion in <strong>2015</strong>-<br />
2016 from State sector resulted in a good consequence to the construction contacting industry, especially, major contractors<br />
directly tendering the bids. In <strong>2015</strong>, the bids on approximately 6 large sized infrastructure projects valuing at approximately<br />
250,000 million Baht were approved and that the investment on which would begin in 2016. Whereon in 2016, there are 12 large<br />
sized investment projects with money line for the investments of approximately 1.5 trillion Baht awaiting in line. Most of the<br />
projects among such number are rail systems and inter-city motorways projects under Transport Communication Infrastructure<br />
Development Strategy of Thailand, B. E. 2558-2566 (<strong>2015</strong>-2022) with the Medium and High Speed Train Projects including Airport<br />
Expansions implemented as an addition.<br />
Kasikorn Research Center expects that the government can invest in the projects continuously and that the investments<br />
in the large sized infrastructure projects (particularly, Motorway, Double Rail Tracks, Electric Trains and Suvarnabhumi Phase II<br />
Development Projects) will be more progressive in the second half of the year, especially, the projects where the bids on which<br />
were opened during the period before the end of <strong>2015</strong> and in early 2016. It is expected that the investment money of the State<br />
sector will be injected into the economic system by the end of 2016 and in full fledge from 2017 to 2018.<br />
Private Sector Projects: In <strong>2015</strong>, construction industry in private sector had slowed down in conformance with the economic<br />
slowdown. Kasikorn Research Center views it as that if the government could progressively push the investment projects<br />
in accordance with the Action Plan, the build-up of confidence in the private sector would be likely. In addition, more investment<br />
money could be injected into Thai economic system in 2016. Provided, however, that the government investments which<br />
are more progressive and obvious will help private sector on the investment planning in the future with more solid confidence.<br />
The government’s accelerations on the communication network construction works both purple line route electric train which<br />
is opened for use in 2016 and blue line route extension which will be opened for operations in 2017-2018 for utilizations sooner<br />
will result in the constructions of the private sector and real estate market to expand as expected.<br />
Construction Institute of Thailand expects the Thai construction industry overview in 2016 to grow more than 10% while the<br />
private sector’s new constructions were reversely affected somewhat rather severely from the economic slowdown in the first<br />
half of <strong>2015</strong>. This could be evinced by a slowdown on the launching of new projects. However, it had a trend of better adjustment<br />
after the increase in the construction work of the State sector due to the reason that the government had tried to push<br />
for the rising on the spending of the consolidated backlog budget from the 3rd quarter of 2014 until the present. It is expected<br />
that such move would result in the private sector construction to begin to be well picked up in the second half of <strong>2015</strong>.<br />
Whereon the manufacture of high voltage cable towers and telecommunication towers which will be related to the growths<br />
of power generation and telecommunication industries, the Power Development Plan (PDP) would have the effect on work<br />
expansions in all parts of electrical systems.<br />
<strong>Annual</strong> <strong>Report</strong> <strong>2015</strong><br />
Telecommunication Industry Situation<br />
There is a trend on the increase in the number of mobile subscribers continuously. In 2014, 97.10 million numbers were used<br />
by mobile subscribers, which was an increase from 2013 of approximately 4.5%. Proportion of the mobile subscribers per 100<br />
populations is at 144.9% which means that 1 person averagely uses 1.4 mobile telephone numbers.<br />
The expansion on the number of mobile subscribers coupled with the network development to back up 3G and 4G<br />
technologies have prompted the 3 main Mobile Operators to map out the policy on the expansion of the networks to back<br />
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