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General Engineering expands building role.
Aug. 6--General Engineering Plc, a leading pile maker and construction material supplier, has diversified into offering building contracting services for small-scale housing projects.
According president Vichaya Chatikavanij, the company's first project this year in the new segment is Plus Property's, Plus Sukhumvit, a 60-million-baht townhouse development located on Sukhumvit 101/1.
The 50-unit project is now under construction and is slated to be completed in November.
The company expects that the new business will generate 200 million baht annually, about 17 percent of its total revenue, as well as help bring higher investment returns for ...
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Source: HighBeam Research, General Engineering expands building role.