JWD is confident the logistics business will benefit from the government's stimulus packages that will attract private investment to increase production and from this yearend's AEC introduction. It believes Thailand's economic fundamentals remain solid.
Mr Charvanin Bunditkitsada, Chairman of the Executive Committee and Chief Executive Officer of JWD Infologistics PCL, or JWD, a leading fully integrated in-land logistics service provider, revealed that the clear-cut policy formulated by the Thai government's new economic team to enhance national growths is bringing back private investments, including for production expansion, and that the formation of the Asean Economic Community (AEC) this yearend will increase intraregional trade, investment and movements of goods and services, which will, in turn, benefit the company, which has the capability to provide domestic and cross-border in-land logistics services to customers.
Meanwhile, the government's policy to make Thailand Asean's logistics hub will attract international investors who seek to manufacture and export their products to Asean countries. This will contribute positively to Thai logistics firms.
"The Thai government is seeking to attract foreign investments in projects involving use of Thailand as the manufacturing hub for exporting products throughout Asean. This poses an excellent opportunity for a fully integrated in-land logistics service provider like us to employ our great warehouses and technologies to facilitate customers' business processes and enhance competitiveness to tap growing logistics demands in the region," he said.
The CEO added that, believing in Thailand's strong fundamentals and planning to build more warehouses in Thailand and the CLMV countries, JWD is preparing itself for listing on the Stock Exchange of Thailand (SET). It is confident that, with the company's great competitiveness, the 120 million IPO shares will be popular among investors. JWD's ability to compete and record consistent growths are reflected in the company's performance figures: the past three years' revenue figures (2012-2014) of THB 1.675 billion, THB 2.1148 billion and THB 2.2839 billion, respectively, and the Q2/15 total revenue figure of THB 1.17258 billion, a 19.9% y-o-y growth, noted he.