23 private sector organizations signed a cooperation agreement, CECI: Action for Sustainable Future, to achieve the goal of upgrading the Thai construction industry. With concrete circular economy principles, supporting 5 sectors in the industry to drive resource efficiency Reduce environmental impacts throughout the supply chain, pushing the Thai construction industry to grow sustainably.

23 private organizations participating in this signing are SCG Cement-Building Materials Company Limited., The Concrete Products and Aggregate Company Limited, Trusty Project Management Company Limited, Team Consulting Engineering and Management Public Company Limited, Architect 49 Limited, EEC Engineering Network Company Limited, Central Pattana Public Company Limited, Magnolia Quality Development Corporation Limited, TCC Assets (Thailand) Company Limited, Frasers Property Holdings (Thailand) Company Limited, Supalai Public Company Limited, Saha Pathana Inter-Holding Public Company Limited, Singha Estate Public Company Limited, SC Asset Corporation Public Company Limited, Christiani and Nielsen (Thai) Public Company Limited, Thai Obayashi Corporation Limited, Nawarat Patanakarn Public Company Limited, Pornpranakorn Company Limited, Ritta Company Limited, Italian-Thai Development Public Company Limited, Khor Recycle Company Limited, GEPP SA-ARD Company Limited and Watkinson (Thailand) Company Limited.

The contractor sector, Dr. Teeradetch Tungsubutra, Chief Executive Officer, Ritta Company Limited said, “The circular economy principle from the perspective of the construction company may be difficult to execute because the products in this industry have a relatively long period of use. Also, when they are no longer in use, the products are often newly constructed based on modern design. However, the circular economy principle can still be applied during various construction processes, such as the reduction of packaging materials, waste management, reduction of consumables, the management of leftovers from the construction process for reuse as well as the reduction of energy and water usage. There are also good examples from many companies in the construction industry and a driving force that helps us try to create new innovations or guidelines that will help drive the circular economy for creating sustainability and reducing environmental problems for the next generations.”