Thai developer sees faster supply chain shift after China congress

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

20221102 WHA group

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)

FRANCESCA REGALADO, Nikkei staff writer

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.

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