Thailand And Southeast Asia To Remain Resilient Despite Economic Turmoil, Says New Nordic Group
According to the New Nordic Group, Thailand, together with other emerging economies in Southeast Asia, are in a good position to prosper despite the increasing rates of the US Federal Reserve Bank for the next twelve months, as well as tariffs from the United States.
The rising construction, hotel, and hospitality management company recently invested in a 4 star hotel in Pattaya. With 152 rooms, the 4 star hotel in Pattaya is set to be a huge project for the area, together with a family vacation area in Phuket.
The New Nordic Water World in Phuket features facilities that families from all over the world would enjoy. Situated in a 377,000 square-feet property, it has recreational facilities for both children and adults, studio rooms, and one and two bedroom condos as well.
The New Nordic Group
It isn’t uncommon for the New Nordic Group to have ten or more buildings being developed at one point in time. They expect a new infrastructure to be completed each month. They employ more than 1,000 employees all around the world, providing strives to one of the largest markets: Chinese tourists. The recent developments in Thailand have been just right, as the country is China’s top choice in tourism. In 2016 alone more than 9 million Chinese tourists visited Thailand.
Aside from hotels and resorts, the company also constructs and manages condos, villas, apartments, and holiday villages with their own leisure facilities. They have various real-estate options for those who want to relocate or start a new business in a new location.
About the Company
The New Nordic Group is a real estate firm based in Hong Kong with various developing projects in different areas in Southeast Asia including the Philippines, Indonesia, Thailand, and Cambodia. They are currently working on 100 projects.
CEO Kurt Svendheim first came to Asia in 2008 and saw the region as a potential location for land development and holiday apartments. Bringing is 30 years of expertise in the field; he has built a company with young and dedicated professionals in real estate, finance, hotel and hospitality, and development.