Leading Thai industrial group considers VN its top priority market

Leading Thai industrial group considers VN its top priority market

HÀ NỘI - Siam Cement Group (SCG), one of Thailand's leading industrial companies, has earmarked Việt Nam as its top priority market in the coming years.

“I think, at this point, Việt Nam. Maybe secondly would be Indonesia,” SCG CEO Roongrote Rangsiyopash said in an interview with Asia Nikkei Review when asked about the group's priority markets.

Once a petrochemicals plant comes online in southern Việt Nam, the company anticipates revenue from Southeast Asia excluding Thailand would rise to  三 五 per cent of its total from the current  二 六 per cent, he said.

“We have several projects ongoing, some big ones like a chemicals complex in southern Việt Nam. That one, fortunately, has had no impact from the pandemic,” added Roongrote.

SCG is the largest cement group in Thailand. In  二0 一 六, the US’s Forbes Magazine listed SCG as Thailand’s second-biggest company and the world’s  六0 四th largest firm. — VNS