FRIDAY, March 29, 2024
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Ticon joins roadshow, promotes Thai investment

Ticon joins roadshow, promotes Thai investment

Ticon Group was invited by RHB Securities, a subsidiary of RHB Bank which is a listed company in Malaysia, to participate in a business roadshow designed to provide Malaysia-based institutional investors with information about the Group’s operations.

The company hopes for Malaysian institutional investors to choose to invest in Thai securities, given the potential of Thailand’s industrial property sector.
Ticon Group sees particular advantage for factories and warehouses for lease, due to China’s One Belt One Road policy, which involves China’s international trade and investment ambitions in countries across Asia and into Europe through land and sea transportation infrastructure.
“Ticon Group will benefit immensely from [the] Belt Road Initiative (BRI), which will complete the ring of land and sea transportation,” said Virapan Pulges, chief executive officer of Ticon Industrial Connection Public Company Limited (TICON). Ticon is a leading developer of integrated industrial properties in the Asean group of countries.
“The Chinese government is developing a railroad network linking Asean countries through China to the Middle East and Europe via its old 2,000 year old silk road. China’s Policy is to transport goods from ports in Southeast Asia to South Asia, Asia Minor and Africa by partnering with Southeast Asian governments to develop a rail transportation system from China to Laos, Thailand and Malaysia. It is designed to facilitate the transportation of goods from China to major seaports on the South China Sea.”
Virapan sees opportunities in the major development projects expected along the route as communities urbanize with new factories, warehouses and other related infrastructure.
“This will certainly be advantageous to the future businesses of Ticon Group as we prepare for economic growth in Asean and respond to the inflow of investment driven by the One Belt One Road policy.”
Many listed companies from China, Hong Kong, Thailand and Malaysia participated in the roadshow. Ticon Group was the only property developer from Thailand focusing on factories and warehouses to join the briefing, which attracted huge attention from Malaysian institutional investors.

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