THAILANDSICThailand Standard Industrial Classification

TSIC Activity

43110

Demolition

ประกอบกิจการให้บริการ รับเหมารื้อถอนสิ่งปลูกสร้าง เคลียร์พื้นที่เตรียมการก่อสร้างและปรับพื้นที่ อาคาร

What this activity covers

Companies in this sector specialise in the demolition of buildings and other structures.

  • Building Demolition — Demolition of residential and commercial buildings
  • Structure Demolition — Demolition of various types of structures
  • Industrial Demolition — Demolition of industrial facilities and structures
  • Dismantling Services — Dismantling of structures and frameworks
  • Demolition Contracting — Contracting services for demolition projects
  • Recycling Services — Recycling of materials from demolished structures

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Excavation Services — Excavation for construction or repair
  • Waste Removal — Removal of waste generated from demolition
  • Machinery Services — Moving and installation of heavy machinery

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 43

Construction, except construction of infrastructure providing basic public services in public utilities or transport that requires special apparatus, machinery, technology or expertise, and except other categories prescribed in ministerial regulations

The infrastructure carve-out is subject to a minimum foreign capital requirement, subject to capital thresholds, verify current figures.

FBA B.E. 2542, List 3 (10)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

323
active companies operate here
฿1.2Bregistered capital, combined
฿1.6B
Sector revenue · 2025
-71% since 2023
฿21.1M
Net profit · 2025
111 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
11%of new registered capital is foreign-held
฿2.0M foreign฿16.8M Thai

Foreigners are actively investing in this activity.

New in 2026

12+33.3%

registrations, YTD

Registered capital

฿1.2B+2.5%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Unique Conveyor Engineering Co., Ltd.฿143.2M
  2. 2GL Engineering and Construction Co., Ltd.฿131.0M
  3. 3Chao Ayutthaya Demolition and Construction Co., Ltd.฿110.4M
  4. 4Hilgo D&C Co., Ltd.฿102.9M
  5. 5Piyamitr Group Co., Ltd.฿95.6M

Largest by registered capital

  1. 1Chao Ayutthaya Demolition and Construction Co., Ltd.Phra Nakhon Si Ayutthaya฿100.0M
  2. 2TainanPhuket฿74.5M
  3. 3Green Power International Co., Ltd.Bangkok฿60.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

89
Registered
since 2022
83
Still active
6
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 33 in 20222026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand