Tech firm CDG targets four key markets in region
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Wariya Khamchana
The Nation June 25, 2013
CDG Group, a local information-technology company, yesterday unveiled its business plan for Asean, which will focus on four key markets: Indonesia, Laos, Vietnam and Myanmar.
The overseas expansion is aimed at cashing in on new business opportunities under the ASEAN Economic Community (AEC), which is scheduled to become fully effective in 2015.
Chief executive Nart Liuchareon said the company planned to set up a branch office in Myanmar very soon. CDG expects AEC markets to contribute 15 per cent of total revenues by 2018. To cash in on the growth in the region, the company has reshuffled its staff by setting up a new team to take direct charge of ASEAN markets.
Nart said the expansion, which will focus on the four markets, aimed to add value to the previous plan drawn up in 2008. At that time, the company set up a pilot project to provide Geographic Information System services to the military, the Agriculture Ministry, and the electricity- and water-supply authorities.
It also set up a branch office in Vietnam. The company has also set up a map-making joint venture in Indonesia and launched various marketing projects in Laos.
CDG Group targets not less than Bt5 billion in sales this year, up 10 per cent over last year. About 90 per cent of sales will be from government projects and 10 per cent from the private sector.
