In the Asia-Pacific (APAC) region, Engineering, Procurement, and Construction (EPC) remains a cornerstone of infrastructure development, supporting transformative projects like Indonesia’s Nusantara Capital City, Australia’s Snowy Hydro 2.0, and India’s Delhi Mumbai Industrial Corridor. Despite technological advancements, traditional EPC approaches remain essential for addressing persistent challenges in project delivery. Across APAC, large-scale projects face significant hurdles, with studies indicating that 95% of mega projects exceed budgets or schedules, often experiencing cost increases of 60–90% and delays of up to two years. Inefficient data handling, fragmented workflows, and design errors are key contributors to these setbacks, underscoring the need for improved coordination and risk management.
In Thailand, EPC is a vital pillar of infrastructure development, supporting key projects such as the Eastern Economic Corridor (EEC) and the Bangkok Mass Transit System expansions. While advancements in technology are transforming the industry, traditional EPC approaches remain essential for tackling persistent challenges in project delivery. To stay competitive, Thai EPC professionals are focusing on refining traditional workflows through enhanced risk management, improved supply chain efficiency, and effective contracting models like lump sum turnkey (LSTK) and EPC management (EPCM). By adopting best practices and fostering stronger collaboration among stakeholders, Thailand’s EPC sector is better positioned to meet the demands of large-scale infrastructure projects while supporting the nation’s economic development goals under the 20-Year National Strategy.
Join us at the EPC Summit hosted by Trueventus to gain exclusive insights into leading case studies and projects presented by renowned industry experts. Take advantage of this opportunity to connect and network with peers across the EPC sector, ensuring your organization stays ahead in delivering complex projects efficiently. Be part of the conversation shaping the future of EPC project success.