Thailand's WHA plans new industrial parks with eye on Trump tariffs

Group prepares $1bn investment spree to tap supply chain shift away from China

20241209N WHA industrial complex

WHA is planning to build eight more industrial parks across Thailand and Vietnam. (WHA)

KENYA AKAMA, Nikkei staff writer

BANGKOK -- Thai logistics and property group WHA will spend 33 billion baht ($978 million) to build new industrial parks in Southeast Asia by 2028, co-founder and Group CEO Jareeporn Jarukornsakul told Nikkei, with U.S. President-elect Donald Trump's threats of higher tariffs expected to accelerate the shift in supply chains out of China.

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