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Asia300

Siam Cement sees opportunities along Belt & Road

Thai conglomerate's CLMV investments will pave way to China and India, CEO says

Siam Cement Group's office in Bangkok (Photo by Ken Kobayashi)

HONG KONG -- Thai industrial conglomerate Siam Cement Group will look for investment possibilities in South China and India in the years ahead, as China shapes its vision of the Belt and Road Initiative, President and CEO Roongrote Rangsiyopash said Monday. The plan, if realized, will mark a departure from its strategy of focusing on the Association of Southeast Asian Nations.

The conglomerate generates almost all of its revenue in the ASEAN region and its production assets are scattered among the 10 member-states, as it had sought to diversify from its home market of Thailand.

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