Eight Stocks to Watch After Land Bridge Project Put on Hold

Industry

โดย HoonVision·Read original

Summary · why it matters

The committee studying the Land Bridge project concluded that the transport system development linking the Gulf of Thailand and the Andaman Sea has a low probability of proceeding, due to budget burden risks and broad uncertainties. This direction aligns with the prime minister's earlier order to delay the project. Research analysts assess that the shift in transport infrastructure investment will focus on missing links, the Thai-Chinese railway, and certain new deep-sea ports proposed by the private sector, pointing to clearer public-private cooperation. Fiscal constraints mean the government must rely more on private investment, and scaling down projects from very large to medium or small will enable faster and more efficient investment. This trend is positive for the Thai stock market, boosting investment momentum and supporting upside potential for gross domestic product. Benefiting stocks include banking names such as KTB and KBANK, contractors like STECON and PYLON, industrial estate groups such as AMATA and WHA, and logistics players seeking new investment projects like BEM and BTS.

Amata Corporation Public Company Limited ▲

Bangkok Expressway and Metro Public Company Limited ▲

BTS Group Holdings Public Company Limited ▲

Kasikornbank Public Company Limited ▲

Krung Thai Bank Public Company Limited ▲

Pylon Public Company Limited ▲

Impact on stocks 8

Industrials▲ · 2 stocks

Bangkok Expressway and Metro Public Company Limited

▲ PositiveDemandrelevance

Logistics players like BEM seek new investment projects from the shift to smaller, private-investment-driven infrastructure.

Pylon Public Company Limited

▲ PositiveDemandrelevance

Land Bridge cancellation shifts focus to smaller infrastructure projects, benefiting contractors like PYLON.

Financials▲ · 2 stocks

Kasikornbank Public Company Limited

▲ PositiveDemandrelevance

Banking names like KBANK benefit from increased investment momentum and GDP upside from infrastructure projects.

Krung Thai Bank Public Company Limited

▲ PositiveDemandrelevance

Banking names like KTB benefit from increased investment momentum and GDP upside from infrastructure projects.

Artificial Intelligence▲ · 2 stocks

STECON Group Public Company Limited

▲ PositiveDemandrelevance

Land Bridge cancellation shifts focus to smaller infrastructure projects, benefiting contractors like STECON.

WHA Corporation Public Company Limited

▲ PositiveDemandrelevance

Land Bridge cancellation shifts focus to smaller infrastructure projects, benefiting industrial estate groups like WHA.

Climate Adaptation & Water▲ · 1 stocks

Amata Corporation Public Company Limited

▲ PositiveDemandrelevance

Industrial estate groups like AMATA benefit from new private-sector deep-sea port projects and clearer public-private cooperation.

Smart City / Autonomous Infrastructure▲ · 1 stocks

BTS Group Holdings Public Company Limited

▲ PositiveDemandrelevance

Logistics players like BTS seek new investment projects from the shift to smaller, private-investment-driven infrastructure.