SCX Expands Logistics Portfolio with Strategic Land Acquisitions
SCX, a subsidiary of SC, has acquired land in three key locations to boost its warehouse and factory capacity, aiming for one million square meters by 2072.
According to a report by Prachachat Business, SCX, a subsidiary of SC, is aggressively expanding its logistics footprint in Thailand. The company has successfully acquired land across three strategic locations: Bang Na, Laem Chabang, and Amata. These acquisitions total 140,000 square meters and are intended for the development of new warehouse and factory facilities.
This expansion is driven by a significant 90% surge in demand for warehouse space observed during the first half of the year. The company has set an ambitious long-term target to reach a total capacity of one million square meters by 2072. For residents and business owners, this development signals a robust growth in the industrial and logistics sectors, which may lead to increased infrastructure activity in these specific regions. While the company has confirmed its acquisition strategy and long-term goals, details regarding the specific construction timelines for each site and the exact nature of the tenants expected to occupy these new facilities remain to be confirmed. The move highlights the ongoing strength of Thailand's industrial real estate market as it adapts to rising logistics requirements.
