Local News

Saibu Gas Enters Thailand’s Real Estate Market

Saibu Gas Co., Ltd. has entered the real estate market in Thailand. According to the company’s announcement on Feb. 4, they will mainly target upper-class customers and will start selling houses from the summer of 2020. The Saibu Gas Thai base, launched in January 2019, will establish a joint venture company with a local developer. The timing of the diversification is linked to the increasingly competitive domestic gas market due to the liberalization of gas retail sales and to the company’s strategy of pursuing profits by expanding business abroad. Source: Saibu Gas, 2/4/2019

Photo: Saibu Gas

Disclaimer: Fukuoka Now posts summaries of Kyushu area related news for the benefit of those who cannot read Japanese. Contents posted here are mostly summaries of publicly posted news stories from Japanese media organizations. Errors might occur during translation. Those errors are ours, and not the news source’s. Photos and images are sourced separately and are for illustrative purposes only. Please use this form to send feedback and questions.

Fukuoka City
Published: Feb 8, 2019 / Last Updated: Feb 8, 2019