WHA Group Reports Strong Growth Amid Rising Foreign Investment in Thailand

WHA Corporation Public Limited (WHA Group) has reported significant growth attributed to a surge in foreign direct investment (FDI) and growing demand for digital infrastructure. The company’s revenue and profits have shown strong year-on-year increases.

The growth is largely driven by investments in Thailand's Eastern Economic Corridor (EEC), which has become a focal point for international investors. WHA Group has positioned itself as a key player in developing integrated business ecosystems, particularly in sectors like data centers and logistics. Jareeporn Jarukornsakul, CEO of WHA Group, said that despite challenges, the company has turned crises into opportunities, reflecting its expertise in management and innovation.

Data from the Board of Investment (BOI) indicates that Thailand saw record investment applications of 1.05 trillion baht (approximately $30 billion) in the first half of 2025, a 139% increase compared to the previous year. Of this, FDI accounted for 738 billion baht (around $21 billion), with 61% directed towards the EEC, underscoring its importance in attracting foreign capital.

“Jareeporn Jarukornsakul said that despite challenges, the company has turned crises into opportunities, reflecting its expertise in management and innovation.”Jareeporn Jarukornsakul, CEO, WHA Group

WHA Group's focus on the digital technology sector has been particularly fruitful, with digital technology clients representing a significant portion of its customer base over the past three years. The company plans to develop new projects like the WHA ESIE 5 Smart Eco Industrial Estate, designed to cater specifically to future industries.

WHA Group aims to sell a total of 2,350 rai (approximately 930 acres) of land in 2025, with strong demand anticipated from data center operators. The company currently has a backlog of land sales worth approximately 7.7 billion baht (around $220 million), indicating robust future growth potential.

Challenges remain, including economic volatility and increased competition for investment, but WHA’s continued growth and adaptation demonstrate a clear vision for shaping the future of Thailand’s industrial ecosystem.