Thai cement investing more in Southeast Asia

Siam Cement Group (SCG), a leading conglomerate in Thailand, wishes to invest billions of dollars in Southeast Asia, as part of its expansion plan in the region in the next five years. Kan Trakulhoon, CEO and president of SCG, told the BusinessMirror that governments in Southeast Asia need to invest more in disaster risk reduction to promote investor’s confidence.

To show its green initiatives, SCG presented at the BOI Fair 2011 a modular home system with special steel skeletons and beams designed to withstand earthquakes with a maximum magnitude of 7.0 in the Richter Scale.