About SEAFCO
About SEAFCO
Message from Chairman

In the year 2017, disbursement of investment budget in the public sector in the fiscal year 2017, was in delay and lower than the target, affected the public sector construction in the year 2017, to be declined, while construction investment in private sector was affected from stagnant condition of immovable property business. Residential housings which were completely built and registered, reduced in the same direction, so the overall construction in private sector declined.

In the year 2018, the company hopes that the stimulation of the public sector economy by developing Eastern Economic Corridor (EEC) and Special Economic Zone (SEZ) will help support the construction market to grow further.

The fact that the company is profitable is due to cooperation and support from various parties, I as the chairman of the board of directors would like to extend our gratitude to the employers, patrons and all employees for their intention to perform their duties, shareholders for their support, financial institutes and other creditors for trust in the company.

Assoc.Prof.Dr.Somjai Phagaphasvivat
Board Chairman