Ticon industrial Connection Plc, the set-listed developer of factories for rent, also expects to be affected, as half of its clients are Japanese firms mainly in the automotive and electronics sectors.
There will be short- and medium-term effects, because it is difficult to get parts from Japan for assembly here and finished products from here to be sold in the Japanese market, said Ian Hamilton, Ticon's general manager for business development.
But Amata Corporation Plc, Thailand's top industrial estate developer, said the catastrophes will not affect its business in the short or long term despite Japanese firms representing 60% of its customer base. It said land purchase deals by Japanese investors were proceeding as usual.
Bangkok post, Japan EARTHQUAKE AFTERMAtH. drop in Thai aid, investment looms, Top investor Japan focused on disasters. 17/03/2011, Nareerat Wiriyapong and Nanchanok wongsamuth