‘SiamEast Solutions’ assesses economic recovery in 2017
The government moves forward with the EEC project to support confidence in the industrial sector. Push demand for industrial products soaring
SiamEast Solutions Public Company Limited or SE, a supplier and distributor, provides complete service regarding pump systems. Process equipment and piping systems as well as innovative materials View the economic recovery in 2017 and the government’s push for the Eastern Economic Corridor (EEC) project as a factor helping the industrial sector expand investment in factories and improve machinery efficiency. This has a positive effect on the increased demand for pump and pipe system products. Executives highlight their strengths as suppliers and distributors of more than 3,500 products and provide complete services to meet customer needs. Ready to reveal progress in raising funds on the MAI Stock Exchange, expected to enter trading in the first quarter of this year.
Miss Orasa Vimolchalao, CEO of SiamEast Solutions Public Company Limited or SE, a supplier and distributor providing complete services regarding pump systems. Process equipment and piping systems Including innovative materials, it was revealed that the company is evaluating the direction of demand for products and services related to pump systems. Process equipment and piping systems will improve compared to last year. After the economic situation in 2017 tends to recover better. As a result, entrepreneurs in various industrial sectors Especially those located in the eastern region which is an important production base. There is confidence in expanding investment in factories or improving machinery to increase production efficiency and support future opportunities. This will have a positive impact on the company’s business operations.
By the Office of Macroeconomic Strategy and Planning. which is an agency under the Office of the National Economic and Social Development Board It is estimated that the trend of the Thai economy this year will expand by 3-4%, which is a factor from the export sector that is expected to gradually expand. improved As a result, industrial production and investment confidence in the private sector will recover.
While pushing the government’s Eastern Economic Corridor (EEC) development project, the Cabinet recently approved the draft. Eastern Economic Zone Act It will be another important factor that has a positive effect on the growth of the industry selling products and services related to pump systems. Process equipment and piping systems and innovative materials in the long term Because the government plans to push for the development of industries that are New S-Curve, such as the robotics industry. integrated aviation industry, Bio-Chemical and Bio-Energy industries. In addition, the Map Ta Phut petrochemical industry has been expanded to be fully integrated using advanced technology. along with upgrading the city of Pattaya Chonburi Province Rayong and Chachoengsao To become a new metropolis that is a strategic point in the manufacturing sector of the ASEAN region. This will cause more investment in the development of industrial plants in the area in the future.
“The overall economy is likely to continue to recover. It will have a positive effect on the confidence of entrepreneurs in the industrial sector. to continue expanding investment in factories to support opportunities and create growth This will cause demand for various materials and equipment. To support the expansion of new factories or repair and repair of machinery for better efficiency. After investment has been slowed down in the past 1-2 years,” Mrs. Orasa said.
Mr. Saengphet Tanta Atthipanich Managing Director of SiamEast Solutions Public Company Limited said that the company has prepared to support the demand for products from industrial factory operators that are expected to increase this year. Both industrial factory operators in the eastern region and other regions throughout the country. Currently, there are more than 40 brands of products sold and serviced, totaling more than 3,500 items, covering the needs of entrepreneurs in various industries such as petrochemicals, automobiles and parts. Oil and natural gas, etc.
The company is in the process of raising funds on the MAI Stock Exchange. The funds raised will be used to construct an engineering service center (Workshop) within the head office area in Rayong Province and be used to invest in purchasing machinery. and equipment that supports services and business operations Including using it as working capital in the business to support future growth. It is expected to trade securities on the MAI Stock Exchange within the first quarter of this year.
