Frost & Sullivan: Thailand Mega Projects Good For The Future of Urbanization

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Frost & Sullivan: Thailand Mega ProjectsFrost & Sullivan: Thailand Mega Projects Good For The Future of Urbanization PR Newswire BANGKOK, Nov. 5, 2013 As the world population continues to grow, the frantic pace of urbanization will be steadily rising in the coming decades. Frost & Sullivan studies have shown that the rate of urbanization is much faster in developing countries.

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• Published by: frost-sullivan
• Published: 05 November 2013
• Reads: 4
• Language: English

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Frost & Sullivan: Thailand Mega Projects Good For The Future of Urbanization

PR Newswire

BANGKOK, Nov. 5, 2013

As the world population continues to grow, the frantic pace of urbanization will be steadily rising in the coming decades. Frost & Sullivan studies have shown that the rate of urbanization is much faster in developing countries.

"We believe that more than 50 percent of the top Mega Cities in the world will consist of developing countries by the year 2025, including Bangkok," said Mr. Eng Lok Koh, Country Head at Frost & Sullivan Thailand. 

He welcomed the two-trillion-baht infrastructure mega-projects recently announced by the Thai Government. He added that the large portion spent on building a high speed rail will be good for the country to shape urbanization in ways that improve the quality of life for the people of Thailand.