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Supply Chain

Thai developer sees faster supply chain shift after China congress

Relocations to deal with geopolitical risks fuel WHA Group's profit growth

Jareeporn Jarukornsakul, WHA's group CEO, plans to invest 50 billion baht over five years in its four core businesses -- logistics, industrial estates, utilities and technology. (Photo by Francesca Regalado)

BANGKOK -- Thai industrial developer WHA Group expects continued gains from a shake-up in regional supply chains, as Chinese President Xi Jinping's tighter grip on power deepens the geopolitical divide that has led to a manufacturing exodus from China to Southeast Asia.

"This is likely to be the most important time for relocation from China to Southeast Asia," Chairman and group CEO Jareeporn Jarukornsakul said in an exclusive interview with Nikkei Asia. The businesswoman, dubbed "Miss EEC" by partners for her role in bringing investment to Thailand's Eastern Economic Corridor, shared her bird's-eye view of supply chain trends.

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