# Thailand’s WHA Corp. anticipates a 40% surge in land sales

- Link: https://www.thailand-business-news.com/companies/159242-thailands-wha-corp-anticipates-a-40-surge-in-land-sales
- Published: 2024-08-30T11:54:58+07:00
- Author: Jessica Lee

WHA Corp anticipates a 40% increase in land sales during the latter half of the 
year, fueled by growing demand from international manufacturers and firms, especially
for data-center projects.

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 * The Thai government’s efforts to attract new foreign investment have led to a
   35% increase in approved investment applications, with a focus on industries 
   such as electronics, automobiles, and electrical appliances.
 * WHA Corp anticipates achieving record sales and net income in 2024, driven by
   strong demand from Chinese companies in industries like automobiles, electronics,
   and electrical appliances.

Thailand’s WHA Corp. anticipates a surge in land sales in the second half of the
year, driven by increased demand from foreign manufacturers and companies. The company
expects land sales to jump by 40%, with significant contracts for two data-center
projects.

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The government’s incentives have attracted foreign investment, particularly from
Chinese companies in industries like automobiles and electronics. WHA’s net income
doubled in the first half, and it aims for record sales and net income in 2024. 
The approval of significant investment applications and plans for new data-center
investments indicate growing interest in Thailand.