Southeast Asia’s fire market is set for fiery growth over the next couple of years, due to the region’s significant economic expansion, said Suwong Ratchawong, Fire Safety Technical Manager for Thailand at Siemens Limited, Building Technologies Division. “In some particular countries, growth is especially impressive
Southeast Asia’s fire market is set for fiery growth over the next couple of years, due to the region’s significant economic expansion, said Suwong Ratchawong, Fire Safety Technical Manager for Thailand at Siemens Limited, Building Technologies Division.
“In some particular countries, growth is especially impressive. These include Indonesia, Vietnam, and the Philippines,” he said. “Those countries’ economies will grow this year and next few years.”
His observations are corroborated by data from various organizations. A recent survey from the Organization for Economic Cooperation and Development indicated that Southeast Asia economies will grow at a compound an...