WHA is sure to come this year, hoping to collect another 2 big deals, one of which is as big as the BYD deal, revealing the trend of Chinese investors growing prominently. While Japan-USA-Europe signal investment, setting a 5-year investment target of 68.5 billion, with total income exceeding 100 billion after the All Time High in the past year.
After competing for dominance in 2022 with a giant deal with EV carmakers like BYD, WHA Group expects to achieve record revenue and profit sharing. With a growth of more than 30%, WHA Group aims to invest more than 68.5 billion baht, generating a total income of 100 billion baht within the next 5 years.
In 2023, WHA Group aims to expand its business in Thailand and seek new business opportunities in ‘Vietnam’ under the Mission to the Sun, focusing on ‘high growth industries’ such as the electric vehicle industry. e-commerce and health care business
Strategic locations in Thailand include Bangkok, Bangna-Trad and other provinces. in the EEC area Including expanding to various provinces related to critical infrastructure
By ‘Jareeporn Jarukornsakul’, Chairman of the Board of Directors and Group Chief Executive Officer of WHA Corporation Public Company Limited (WHA), also explained that this year there are still 2 big deals that are coming. to invest in WHA Group’s industrial estates
- The first deal is a large deal that is being worked on in detail. It is expected to be completed and details can be disclosed in April.
- The second deal is a very big deal. In the auto industry, it’s about the same size as last year’s BYD deal. which is still under negotiation It is expected to create excitement for the business community this year.
In 2023, WHA Group aims to achieve industrial sales in 2023 totaling 1,700 rai.
“Between 2019 and 2022, Chinese investors accounted for 55% of the WHA Group’s portfolio and are still showing remarkable growth prospects. especially after opening the country Chinese investors are coming in more and more. Like last year, a big company like BYD invested in it and believes that this year the supplier group will also invest. In this quarter, it is expected that there will be a press conference on signing contracts to invest in more Chinese investors.”
For WHA Group’s industrial estates, it is divided into electronic groups. consumer products and automotive groups Most of the customers are customers from China. Meanwhile, customers from Japan, America and Europe started to show signs of a comeback. The total investment value of Chinese customers in WHA’s industrial estates is expected to exceed 100 billion baht.
As for ‘industrial estates’ in Vietnam, there are two new industrial projects to be launched in the main provinces. Previously, there was only 1 open industrial estate with a total area of 20,950 rai, namely
- WHA Smart Technology Industrial Zone – Thanh Hoa, an area of 5,320 rai in Thanh Hoa province with a population of over 3.6 million, the third largest in Vietnam. Construction is scheduled to start in 2024 or early 2025.
- Industrial Zone WHA Smart Eco Industrial Zone – Quang Nam, an area of 2,500 rai, located in the heart of the central region such as Da Nang and Quang Ngai provinces. It is expected that various permits will be approved in 2026 or 2027 and construction will commence thereafter.
For ‘office business’ (Office Solutions), prepare to expand many office building projects. The latest project, ‘WHA KW S25’, is expected to be completed in July 2023 and will be launched soon. WHA Group has 6 office buildings with a total area of over 100,000 square meters in Bangkok and Samutprakarn.
The ‘Utilities Business’ side focuses on adding more products and solutions. especially value-added water products both in the country and in Vietnam
As for the ‘Energy Business’, it will expand its business in Thailand, Vietnam and explore new markets in other countries. Emphasis on innovation and sustainability, exploring New S-Curve businesses such as Battery Energy Storage Systems (BESS), Hydrogen, Carbon Trading and Carbon Utilization and Storage (CCUS).
The ‘Digital Business’ is set to release version 2 of its WHAbit application, a digital healthcare solution, in Q2, featuring data visualization and personalized recommendations, as well as WHA Group. It is also preparing to launch Meta W, the first industrial metaverse. so that customers can touch and check their own area
