Opportunites, challenges lie ahead

Opportunites, challenges lie ahead Developers believe the property market will take advantage of the Asean Economic Community which will be effective in 2015 as regional investors will move around the region and there will be need for accommodation. "Our experience with investing in Vietnam, India and Maldives has taught us that the main problem when expanding overseas is acquiring knowledge about the country's laws and consumer behaviour," he said, adding that this takes time. Meanwhile, the Home Builder Association is preparing to upgrade construction standards to compete with Asean builders, the association's president Dr Patchara Tantayanyong said. Land s to develop residential projects in Thai resort destinations as investors from Singapore, Malaysia, Brunei and elsewhere need a second home in this country. Other listed companies are also interested in investing in Udon Thani province, such as Land that will result in industry expansion. Opportunites, challenges lie ahead Trade News selected by Local Linkup on 07/05/2012