About SEAFCO
About SEAFCO
Message from Chairman

In the year 2018, construction in the public sector was mostly civil construction supported from expansion of investment in infrastructure of public sector, through the investment budget, NESDB in the years 2018 – 2021, expected to have disbursement of capital expenditure for transportation throughout the country for approximately 1.18 trillion Baht. In addition to the construction of electric trains in Bangkok and peripheral areas in several routes, there are also infrastructure development projects in order to support the development of the Eastern Economic Corridor (EEC) Project. In the past year 2018, the government budget disbursement remained below the target. As a result, the overview of the government construction has not recovered much, while private investment in construction has been affected by the sluggishness of real estate business. Even if residence has been constructed newly and registered, it is still shrinking. Therefore it resulted in the overview of construction of the private sector to be reduced.

The reasons why the company has profits continuously, as the company has cooperation of all parties that support the company well. As I am in the status of Chairman of the Board, I shall thank both the employers, the benefactors, all employees in every section who intend to do work, shareholders who support the company, financial institutions and account payable that have always trusted the company.

Assoc.Prof.Dr.Somjai Phagaphasvivat
Board Chairman