Scandinavian investors are expected to invest up to Bt16.2 billion in residential developments in Thailand this year and the next. This money will flow into tourist destinations such as Rayong, Hua Hin, Koh Samui and Phuket, according to research by Colliers International (Thailand).
The company's managing director, Patima Jeerapaet, said Swedish investors figure most prominently in the list, followed by Finns.
The main residential projects developed by Scandinavian investors include villas, resorts and condominiums at tourist hotspots.
