Top Construction Companies in Thailand

The construction industry in Thailand has been experiencing steady growth over the past few years, driven by a combination of government initiatives, increased foreign investment, and a growing economy. In 2022, the industry continued to show resilience in the face of the ongoing COVID-19 pandemic, with key statistics demonstrating its importance to the country's overall economic health.

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CompanyHeadcountContactDescriptionDecision Maker
AECOM65,621 +65 6299 2466

AECOM is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical and digital expertise, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.1 billion in fiscal year 2022. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

ARCADIS31,278 +65 6222 3888

Arcadis is the world’s leading company delivering sustainable design, engineering, digital and consultancy solutions for natural and built assets. We are more than 36,000 architects, data analysts, designers, engineers, project planners, water management and sustainability experts, all driven by our passion for improving quality of life.We exist to find solutions to today’s most pressing challenges, from the impact of climate change to increasing urbanization and digital transformation – all with the goal of improving quality of life for people around the world. You can see this in the work we do for our clients, the opportunities we create for our people, and in our efforts to enhance the communities in which we live and work. We bring together world-class resources and the latest innovative technologies to help define the cities and experiences of tomorrow.Arcadis. Improving quality of life

BLACK & VEATCH10,139 +65 6738 4022

Black & Veatch is an employee-owned, global leader in building critical human infrastructure in Energy, Water, Telecommunications and Government Services. Since 1915, we have helped our clients improve the lives of people in over 100 countries through consulting, engineering, construction, operations and program management. Our revenues in 2018 were US $3.5 billion. Follow us on www.bv.com and in social media.Black & Veatch Holding Company, its subsidiaries and its affiliated companies, complies with all Equal Employment Opportunity (EEO) affirmative action laws and regulations. Black & Veatch does not discriminate on the basis of age, race, religion, color, sex, national origin, marital status, genetic information, sexual orientation, gender Identity and expression, disability, veteran status, pregnancy status or other status protected by law.

BOSKALIS6,180 +65 6668 4222

Boskalis is a leading global services provider operating in the dredging, maritime infrastructure and maritime services sectors. The company provides creative and innovative all-round solutions to infrastructural challenges in the maritime, coastal and delta regions of the world. With core activities such as coastal defense, riverbank protection and land reclamation Boskalis is able to provide adaptive and mitigating solutions to combat the effects of climate change, such as extreme weather conditions and rising sea levels, as well as delivering solutions for the increasing need for space in coastal and delta regions across the world. The company facilitates the development of offshore energy infrastructure, including renewable wind energy ans is active in the construction and maintenance of ports, waterways, access channels and civil infrastructure. Boskalis is a global marine salvage expert and has a strategic partnership in terminal services (Smit Lamnalco).

GMR GROUP6,367 +65 3107 2020

GMR Group is an infrastructure provider with a wide presence, impact and scope that extends from:• National to the global.• Plugging infrastructure gaps to create benchmark assets.• Supporting livelihoods to enhancing the quality of life.The Group provides infrastructure that helps mankind achieve their quest in creating a better tomorrow, today.Since its establishment in 1978, the GMR Group has been constantly developing its capabilities in the creation of mega infrastructure projects. They span the domains of developing, operating, managing and owning international airports as well as setting up and operating major energy utilities. Developing and operating modern highways, urban infrastructure facilities and developing multi-product Industrial Investment Regions are the other areas covered by the Group.While quality and operational efficiencies guide all the strategic business areas, the Group accords equal, if not more, emphasis on its work in the area of Social Entrepreneurship and Corporate Social Responsibility. Through GMR Varalakshmi Foundation, the Group promotes and manages projects across the spectrum of Education, Health, Hygiene & Sanitation, Empowerment and Livelihood and Community Development.

HILTI ASIA PACIFIC1,636 +65 6777 7887

Hilti is where innovation is improving productivity, safety and sustainability in the global construction industry, and beyond. Where strong customer relationships are creating solutions that build a better future. Where there is pride and a sense of belonging across our 120 locations, carrying right into our lives and homes. Where people are exploring possibilities, leveraging their potential, owning their personal development and growing lasting careers.We are proud to be consistently ranked among the world’s best places to work including the Sunday Times 100 Best Companies to Work For (2017) The World’s Best Multinational Workplaces (2017) and 7th place in the Best Multinational Workplaces category in Europe (2017). These awards are a testament to our investment in our people and culture. We employ over 30,000 employees in more than 120 locations around the world. Our commitment to innovation and customer excellence is matched only by our passion for growing and nurturing high-performing people—from the brightest graduates to the most experienced industry professionals. For unique and diverse career opportunities, take a look at our worldwide careers and open positions at careers.hilti.comHilti Asia PacificWe have more than 5,000 employees in 14 Sales & Marketing Organizations across the region: China, Japan, Korea, Hong Kong, Taiwan, Australia, New Zealand, India, Singapore, Malaysia, Thailand, Vietnam, Indonesia, and Philippines. The North Asia region headquarters is located in Hong Kong and our South Asia Pacific region is headquartered from Singapore. In addition, we have manufacturing plants located in China (Zhanjiang, Shanghai & Suzhou) India and Taiwan, as well as an IT Competence Centre in Malaysia, which provides services and solutions to the Hilti Business globally.

JURONG ENGINEERING LIMITED835 +65 6265 3222

JEL is a leading engineering and construction company based in Singapore, with a network of companies spanning across Asia, Africa, and the Middle East. Since inception in 1971, JEL has reliably delivered successful projects in power & industrial plants in more than 30 countries.With multifaceted project management capabilities and a strong diverse workforce, JEL provides a full range of services in engineering, procurement, construction and maintenance across the world.With an outstanding track record, strong engineering expertise, and extensive range of experience, we partner customers to achieve success in new markets, challenges, and geographies.

LEIGHTON ASIA3,149 +65 6327 1969

Leighton Asia leverages comprehensive sector expertise and geographic diversity as a leading construction provider. We possess a unique combination of local knowledge and extensive international experience, which allows us to develop competitive, innovative and practical solutions across Asia, India and the global offshore market. Our ability to consistently deliver results to clients, shareholders and communities in our geographically vast and culturally diverse footprint is backed by our motivated, focused and performance-driven employees.Leighton Asia is a member of the CIMIC Group.

PERI4,315 +65 6744 2989

PERI is one of the leading manufacturers and suppliers of formwork and scaffold systems in the world. With a turnover of € 1,846 million in 2022, PERI is one of the largest manufacturers and suppliers of formwork and scaffolding systems. With around 9,100 employees and well over 160 warehouse locations in more than 65 countries, the family-owned company with headquarters in Weissenhorn (Germany) serves its customers with innovative system equipment and comprehensive services relating to all aspects of formwork and scaffolding technology.A powerful innovative strength, the high level of engineering service expertise and top quality materials ensure cost-effective, efficient and safe solutions for formwork and scaffolding projects around the globe.Imprint:Publisher:PERI SERudolf-Diesel-Straße 1989264 WeissenhornGermanyPhone.: +49 (0)7309.950-0Fax: +49 (0)7309.951-0info@peri.comwww.peri.comLocation of Headquarters: WeißenhornRegistry Court Memmingen HRB 19649Members of the Board: Members of the Board: Christian Schwörer (CEO), Jürgen Voss (CFO), Stanley Wojcieszczyk (CSO)Chairman of the Administrative Board: Prof. Dr. Rainer KögelVAT No. DE 811204371

SARENS2,624 +60 1-300-72-7367

Sarens has been providing heavy lift, engineered transport and specialized rigging services for 60 years, building a thriving global enterprise that today operates in over 60 countries and on 6 continents. Our work is based on a rigorous understanding of the industries we serve. Whether it’s transporting turbine rotors at a nuclear power plant, relocating a tunnel boring machine or providing engineered lift and transport solutions for accelerated bridge construction, we have the resources and the knowledge to provide innovative solutions. With state-of-the art-design tools and one of the world’s largest inventories of cranes, transporters, and specialty rigging equipment, along with a team of highly skilled professionals, Sarens is well prepared to support your next heavy lift, engineered transport and specialized transport project.

SINCLAIR KNIGHT MERZ659 +65 1800 828 1120

Sinclair Knight Merz was acquired by Jacobs in 2013. To follow Jacobs please visit https://www.linkedin.com/company/jacobsSinclair Knight Merz a leading projects firm, with global capability in strategic consulting, engineering and project delivery.

EPTEC GROUP234 +61 2 9034 6969

The Eptec Group deliver whole-of-life asset protection and corrosion prevention solutions to critical physical infrastructure and defence assets. Since our merger with CCE, the preeminent cathodic protection company, we are proud to offer complete asset protection solutions in Australia and New Zealand. As an Australian-owned company with a highly skilled workforce of over 650 committed people, we have a strong reputation as industry leaders. We are known for our unmatched expertise and ability to rise to challenges, rapidly mobilise, and work collaboratively to design, manage and deliver lasting solutions. For 25 years, we have been the trusted partner of major clients in government and infrastructure. As a direct supplier to the Department of Defence, we have the robust sovereign capability in our supply chain with a long-established network of trusted Australian supply partners to ensure we deliver on time.

VSL INTERNATIONAL LTD.1,553 +65 6559 1222

VSL is a specialist in post-tensioned and cable-stayed structures, foundations and ground engineering. It thus contributes to the design and construction of transport infrastructure (bridges, tunnels, roads), buildings, and industrial & energy-producing structures, and it maintains, repairs and upgrades all structural systems that guarantee performance, safety and durability.VSL is part of Bouygues Construction group. It has 3,800 employees in 25 countries, mainly located in Asia, Oceania, the Middle East, Europe, Canada and Latin America.

FUGRO8,664 +65 6861 0878

We are the world’s leading Geo-data specialist, collecting and analysing comprehensive information about the Earth and the structures built upon it. Through integrated data acquisition, analysis and advice, we unlock insights from Geo-data to help our clients design, build and operate their assets in a safe, sustainable and efficient manner. Learn more about us:https://www.youtube.com/fugrohttps://www.facebook.com/fugrohttps://twitter.com/fugrohttps://www.instagram.com/fugro/

ISG4,038 +65 9839 1653

Who we are:At ISG, our vision is to be the world’s most dynamic construction services company, delivering places that help people and businesses thrive. Our 2,800 worldwide specialists deliver unbeatable customer experiences fuelled by a fast-paced, ideas-driven culture.What we do:At ISG, we know places rarely just house people and systems; they form the infrastructure for people’s busy lives and businesses’ daily operations. We blend our unparalleled track record, sound processes and proven delivery methods with a fast-paced and agile culture, ensuring we deliver thriving places that are as agile and resilient as their occupants. How we work: Our years spent working alongside businesses and consultants to address complex building and space challenges mean we understand what constitutes a great delivery dynamic. We don’t do “means to an end”; instead, we believe in the open communication and collaboration that underpins strong relationships and creates enriching customer journeys.

HILTI GROUP24,176 +65 6777 7887

We passionately create enthusiastic customers and build a better future.Hilti stands for quality, innovation, and direct customer relationships. Some 32,000 employees around the world, in more than 120 countries, contribute to making work on construction sites simpler, faster, and safer while inspiring customers every single day. With products, system solutions, software, and services that provide clear added value. We are proud to have ranked #8 among the 2022 World’s Best Workplaces and #4 among the 2022 Best Workplaces in Europe by the Great Place to Work® Institute. These awards are a testament to our investment in our people and culture. Our commitment to innovation and customer excellence is matched only by our passion for growing and nurturing high-performing people.Hilti is Where Your Best BelongsFor unique and diverse career opportunities, take a look at our worldwide vacancies at https://careers.hilti.group/en/jobs/.

AECOM (INCORPORATING DAVIS LANGDON, AN AECOM COMPANY)2,736 +65 6299 2466

Davis Langdon was acquired by AECOM in 2010. Please follow AECOMs LinkedIn page for more information about the company.

PERMASTEELISA GROUP1,973 +65 6603 1817

Permasteelisa Group is a leading global contractor in the design, engineering, project management, manufacture, installation, and after-sales service of architectural envelopes and interiors. The Group brings its Know-How and expertise to all projects, in particular when dealing with Special Features Buildings and advanced façades, beginning from the design development phases all the way to the successful completion, achieving the customers highest expectations. Permasteelisas history goes back to 1973. The original company started its activity in Italy as a small window manufacturer and grew to become a premium brand in the façade construction market. By virtue of its international expansion and growth, Permasteelisa set the basis for the Permasteelisa Group’s foundation. The Permasteelisa Group is the only curtain wall company that is truly global, not just for its geographic presence but also for its shared values, business model, knowledge sharing, technologies and the ability to manage projects like a unique organism. Our mission is to turn the ideas of the world’s greatest architects into reality by applying our engineering capabilities, advanced technologies, and eco-sustainable solutions. Exploiting its knowledge, experience and proprietary advanced technology, the Group designs and builds innovative and avant-garde architectural works centered on sustainable solutions. The quality of the architectural envelopes and interiors we use to create high-performance buildings is ensured by our rigorous quality control system and is constantly improved through R&D in new design and construction technologies, and through the use of innovative materials.

GAMMON CONSTRUCTION LIMITED2,259 +65 6722 3600

Headquartered in Hong Kong, Gammon has a reputation for delivering high quality projects throughout China and Southeast Asia, as well as offering innovative solutions and services to our customers. At Gammon, we focus on our customers needs and how we can best use our abilities and resources to add value for them through innovative and sustainable solutions. We pride ourselves on the imagination, skill and high standards we apply to all of our projects.We have an annual turnover of over US$2 billion, and employ over 7,000 staff, including one of the strongest technical teams in Southeast Asia. We are owned by Jardine Matheson, an Asian-based conglomerate with extensive regional experience, and Balfour Beatty, a world-class engineering, construction and services group.

MOTT MACDONALD20,271 +65 6293 1900

Our purpose is to improve society by considering social outcomes in everything we do, relentlessly focusing on excellence and digital innovation, transforming our clients’ businesses, our communities and employee opportunities.Partnering with our clients, we are solving the worlds most intricate challenges. We search out the connections others fail to make, to unlock creativity and deliver better outcomes for the lives we touch every day.

Top Construction Companies in Thailand

Key Statistics from 2022

In 2022, Thailand's GDP growth rate was projected to be around 4.7%, driven by strong performance in the construction, manufacturing, and services sectors. The construction industry alone is estimated to have contributed approximately 9.2% to the country's GDP. Moreover, the sector employed around 3.3 million people, making it one of the largest employers in the country.

Factors Contributing to Growth and Success

The construction industry in Thailand has been buoyed by a number of factors, including government initiatives aimed at promoting infrastructure development, increased foreign investment, and a growing economy.

One of the key drivers of growth in the construction sector has been the Thai government's "Thailand 4.0" policy, which seeks to promote technological innovation and increase productivity in key sectors of the economy. Under this policy, the government has prioritized investment in infrastructure development, including transportation networks, energy production, and urban development.

Moreover, the government has also introduced a number of incentives to encourage foreign investment in the construction sector, including tax breaks, streamlined approval processes, and increased access to financing. As a result, foreign investment in the sector has been on the rise, with key players from countries like Japan, China, and Singapore entering the market.

Industry Growth and Comparison to Previous Years

The construction industry in Thailand has demonstrated strong growth in recent years, with the sector expanding by an average of 3.5% per year between 2016 and 2020. In 2022, this growth rate was projected to increase to 4.3%, driven by increased investment in infrastructure and growing demand for commercial and residential properties.

Moreover, the industry has shown resilience in the face of the COVID-19 pandemic, with construction activity continuing despite lockdowns and other restrictions. This can be attributed in part to the sector's strong ties to the broader economy, as well as the government's ongoing commitment to promoting infrastructure development.

Key Trends

The construction industry in Thailand is also being shaped by a number of key trends, including the increasing adoption of new technologies and the growing demand for sustainable building practices.

One of the most significant technological disruptions in the sector has been the adoption of Building Information Modeling (BIM) technology, which allows for more efficient and accurate project planning and management. Moreover, the industry has also seen increased use of 3D printing, robotics, and other technologies aimed at increasing productivity and reducing costs.

In addition to these technological trends, the construction industry in Thailand is also being shaped by growing demand for sustainable building practices. This includes the use of green building materials, renewable energy sources, and other strategies aimed at reducing the sector's environmental impact.

Challenges

Despite the positive trends in the construction industry in Thailand, the sector still faces a number of challenges. One of the most significant of these is the ongoing shortage of skilled labor, which has been exacerbated by the COVID-19 pandemic and restrictions on cross-border movement.

Moreover, the sector also faces challenges related to sustainability, including the need to reduce its carbon footprint and mitigate environmental impacts. These challenges are likely to become even more pressing as the industry continues to grow and demand for new construction projects increases.

Future Outlook

Looking ahead, the future outlook for the construction industry in Thailand is generally positive, with continued growth and investment expected in the years to come. However, addressing the challenges facing the sector will be key to ensuring its long-term success and sustainability, both in terms of economic growth and environmental impact.

To address the challenge of labor shortages, the industry will need to focus on investing in training and upskilling programs for workers, as well as promoting careers in the sector to younger generations. This may involve working closely with educational institutions to develop curriculums that align with the needs of the industry.

In terms of sustainability, the industry will need to continue to innovate and adopt new technologies and practices aimed at reducing its environmental impact. This may include the use of renewable energy sources, the adoption of circular economy principles, and the promotion of green building certifications.

Moreover, the industry will need to work closely with government and other stakeholders to develop policies and regulations that promote sustainable practices and address the sector's environmental impact.

Conclusion

Overall, the construction industry in Thailand is a key driver of economic growth and development in the country, and is likely to continue to play an important role in the years to come. By addressing the challenges facing the sector and embracing sustainable practices and technologies, the industry can ensure its long-term success and contribute to a more prosperous and sustainable future for Thailand.

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By Melissa Goh
Published on 29 May 2023