Business Services Industry
Thai-Australian firm boasts seven-day house.
Knight Ridder/Tribune Business News, August, 2004
By Krissana Parnsoonthorn, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Aug. 4--Libra Litecrete (Thailand) Co, a Thai-Australian contractor, is banking on the property market boom, which spurs construction activities that rely primarily on innovative technology to speed up work.
The company is now investing US$35 million (1.4 billion baht) to build a production complex on 200 rai of land in Saraburi, due to start producing pre-fabricated building components using the technology of Litecrete Industries from Australia early next year.
"We see a lot of opportunities to tap demand in the booming construction industry. Our products can serve both luxury and mass housing projects. Pre-fab technology is advantageous when prices...
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